Personal View Only : Nifty current rally is quite strong with some healthy consolidation possible till 11370/11176. 11100 - 11176 may offer major support. Unless this is broken on closing basis, rally may continue. So 11100 is strict SL level for bulls. Quite a good earning season and any trade deal may bring more momentum to this rally. Around 11750-11800 level...
Sustaining above 6984 ,T1 : 7060 T2 : 7193 T3 : 7289 T4 : 7498
Weekly review - Fails to hold the level 699. Only above 718 it may touch 728/750. Sustaining below 690 may lead to 652.
Where Nifty may be headed? As per the chart patterns : 1. Ascending Triangle : At multiple times resistance are seen at 10930 - 10990 range.Any decisive breakout from this range could rally atleast till 11150. Any decisive breakout from 11150 may lead to 11443 though the chances are very remote in March. 2. Head and Shoulder : If trend line support is broken,...