Nifty Pharma rallied almost 50% return in short term
Nifty has broken important long term trendline, that is a sign of long time correction in Nifty. A quick recovery is visible which is normal with all bear market falls, such small rallies may not change the primary trend.
Above 10980, Nifty is likely to continue its up-move till 11380 level, almost 400 points possible movement is there.
