Nifty 50 Index
Long

NIFTY50 - Bulls new resolution, old tactics

90
Global cues remain strong #NIFTY remains in bull mode. New year, new month, new week all will lend positivity. Bears perineal waiting games sans intra-day dips. Immediate res 14050 (should be matter of record); Near Term support 13990 below that 13940. While above the 13980 expect move to 14100 with an extension to 14140. Growing calls for correction would sure materialize at some point in future, but the path has some more to travel. Remember it is rotational game.

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