Bulls guarded 11100 support and regained 11200 level. Bounce to continue further.

As projected, bulls succeeded in holding crucial support 11100 level and staged come back in 2nd half of the day.
Banknifty too bounced sharply in last hour. This bounce to continue further today. Next upside targets would be 11280 then 11360.
Keep strict stoploss below 11100.
Suryadev Bandari
Research Analyst

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