Bulls breaks 11981 resistance and heading towards 12100+ levels.

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.
Suryadev Bandari
Research Analyst

Popular posts from this blog

Up move to continue. New Highs to form again.

Down trend to resume again. Do not fall in Bull Trap.

Exhaustion gap formed. Bulls strength eroded???.