Nifty - What to expect from here?Look at the chart carefully!! - What do you expect from here?
Their is a formation of a bullish hammer pattern right after it touched the trendline @ 11,111.
Now look how nifty reacted the last time it touched the same trend line. Hope you found how wonderfully it respected the line and never came back. So we can expect another touch on the trend line and a subsequent bull run to 10,500.
Also look out for 10,300 since it will act as a resistance from now on.
So i am bullish on the market, atleast till 10,500. So now tell me, what are your thoughts ?
