We still believe that Nifty is in Bull phase and we can see some more higher levels after crossing the level 8755. We can see 1 day consolidation on monday before that.
We had marked 3 levels on higher side for up movement which will act as resistance for nifty with +-5 point range and 3 levels on downside which can become support for nifty on any downfall with +-5 point range.
Upside levels for nifty if goes above 8755 are 8823/8894/8944
Downside levels if unable to cross 8755 & comes below 8708 then 8675 will be decider & below it 8600/8547.
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