I think Nifty has formed a bullish ABCD Pattern and the bounce from point D has already come on 22nd May, Look for a target of 9586 in the coming days and since we have a truncated week this can come before or on expiry as well.
Comment:
Okay Now, Nifty managed to close above 9475 but we have to wait for further conformation for june series, if it sustains above this level we will have a bullish month ahead. i will update