SHORT NIFTY : NIFTY face resistance at 50% retracement level

We will open with gap down on Monday as we react from 50% retracement level of recent fall as seen in chart Bulls need to hold 9355-9310 zone for rally back to 9460/9600. Bears will get active below 9250 for a move back to 9200/9100/9000.

Buy Above 9555 Tgt 9610,9666 and 9710 (Nifty Spot Levels)
Sell Below 9515 Tgt 9490,9460 and 9430 / 9355 /9272 /8707 (Nifty Spot Levels)

Trade active:

9355 tgt met

Comment:

tgt 9272 met revised sl 9600 for tgt 8900/8707