Nifty may see resistance and profit booking near 11520 & 11600 levels.
If these levels broken it may touch 117 50.
If profit booking is more, Before elections it will get support 11235 & 11170.
Nifty will not go below 11170 levels before elections.
Next week, Result.
Immediate target :700-720
Infy broken the long term trading channel. If result isgood, it will catch up the old channel.
Other wise more down side expected below 670.
Nifty Last closing price is above the Important resistance level 10440-10450
Due to US Sell off nifty faced last week a huge drop and it wonderfully bounced within two days.
Nifty will be bullish next week if it trading above 10440. It will travel towards earlier trending channel.
Next resistance at 10550, 10740, 10870. If this full week bullish means...