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.

Major Event done. Nifty upside capped between 12000-12100. Trend reversal ???

Exhaustion gap formed. Bulls strength eroded???.