NIFTY SPOT : 8381.10
Hi,
Readers,
Nifty is
knocking the doors of 8400 time and again.
Readers of the
blog would have been sitting on sidelines to watch how Nifty behaves between
the cluster of resistance area upto 8490.
Now What :-
On technical
front as of now there is no change in the view and there is not much conviction
that this rebound will sustain. Charts are also saying to wait and watch to see
how Nifty is reacting in coming days. This rebound is only technical rebound
and Nifty has to do a lot more before us to even think that trend has changed
from sell on rise to buy on dips.
Coming days
may be full of volatility.
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