subravi

Nifty Friday session review

Long
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Nifty 14565 - We expected and posted on Thursday that SM will push down Nifty to support 14970 .But Nifty pushed further down and we find some short recovery with accumulation around 14850 which was negated and panic selling push down nifty further down with bond yield announcement. We find heavy accumulation at the end of the session. We expect Nifty has more possibility to raise again and test the resistance 15150 region.
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