As per Ichimoku study it has completed its pullback post the breakout within a rising channel which suggest a probable rally till 575 provided it does not go below 495.
Comment
⋅
It has given a strong up move as per expectations. Now at a minor resistance of 540. Sustaining above this would take it the final expected level of 575
Trade closed: target reached
⋅
Near expected level. NSE has announced HDFCLIFE will replace VEDL in Nifty 50