Bulls succeeded in breakout key resistance 11550 and heading for 11680-11700 zone.

 Bulls staged back and push nifty upward above 11550, even tested 11617 yesterday.

Today also it opened near yesterday's open level and heading higher.

One close above 11620 would strengthen bulls more powerful and short covering can lift index much higher levels.

Every dip is a buy opportunity.

Regards,

Suryadev Bandari

Research Analyst


Popular posts from this blog

Exhaustion gap formed. Bulls strength eroded???.

Bearish Harami Pattern at Higher levels limiting upside.