NIFTY has seen a v shaped reversal from a previous top reference point, Key support band is now at 11550-650. should hold that for this rally to sustain.
two potential trade areas: 1. a break above 11760 zones and a hold there for a push to the elusive 12k mark and higher.
2. a break below 11550 for a reversal and retracement back into the rally including the gap created on the the 20th.
two potential trade areas: 1. a break above 11760 zones and a hold there for a push to the elusive 12k mark and higher.
2. a break below 11550 for a reversal and retracement back into the rally including the gap created on the the 20th.