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Bulls breaks 11981 resistance and heading towards 12100+ levels.


Finally,
Bulls got strength around 11850 zone and bounced back to 11981 level and breakout.
Now 11850-11800 acts as support zone and resistance moved higher toward 12100+ level.
Hence, market in Buy on Dips mode.
Avoid building Agressive Short Sell positions and initiate fresh long positions as long as nifty holds 11850-11800 support zone.
Regards,
Suryadev Bandari
Research Analyst
www.earningwave.com

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