as per chart - nifty successfully closed above previous big hurdle of 10635.
resistance zone of 10738 - 10708 (gap)
also 10708 is 61.8% retracement level of entire fall which started from 11171.51 to 9951.50.
weekly and monthly chart suggest strong moves ahead .
strategy - buy on dips sl 10550 target 10910 /11000 cmp 10692
resistance zone of 10738 - 10708 (gap)
also 10708 is 61.8% retracement level of entire fall which started from 11171.51 to 9951.50.
weekly and monthly chart suggest strong moves ahead .
strategy - buy on dips sl 10550 target 10910 /11000 cmp 10692
KA