D-wave reaction from pattern- Awesome pattern
Nifty 2016 Diary- connection how it all started from 8969 highs
If you get a chance to join the rally -can do so with a pullback
Nifty moving above 8440- heading next to 8480-8490 zone against 8400 support.
As expected for a pullback -looks like we got one at hand- Now risk of buying becomes even small & reward becomes big with stops below 8400 we shall look for 8480--8490 as the target zone as mentioned in the morning interim update of the post@ 09:45 Hrs
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ