Bulls stepped in at 14150 levels and leading nifty toward 15200-15250.

 As expected at 14200 levels, bulls stepped in and driving markets higher.

14140 acted as strong support as forecasted.

Bulls successfully breakout 14500 barrier and there they gained strength and leading nifty higher towards 15200-15250 levels, there we shall see corrective pattern range breakout.

Overall trend Bullish. Auto, Banking and financials and Pharma looking strong for fresh long positions.

As today April Series FnO expiry, we shall see expiry related moves.

Bulls are in strong position now, buy on dip mode.

Keep stoploss below 14650 level for long positions.

Regards,

Suryadev Bandari

Research Analyst.

earningwave.com




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