Market at short term support 13380-13400. Bounce back to 13500 above possible. Avoid short selling.
Nifty after testing new high yesterday, today facing minor profit booking.
Currently, nifty took support at minor support zone 13380-13400 in the opening hour.
Bulls holding short term support zone means, we can expect pull back rally to 13500 above from here.
Upside trendline resistance at 13580-13600. This trendline slopping upward so resistance level can increase more day after day.
Keep strict stop-loss to long positions below 13380 spot. for higher targets.
Unless nifty close below crucial support 13200, avoid short selling.