>> NIFTY <<
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Nifty paused the day today with a relief rally. 5636-41 should be the stiff Resistance as I think it wont get crossed. As I wrote earlier 5550 or 5530 should be the bottom line before next upmove.
>>BANK NIFTY<<
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Bank Nifty even though Broken today 11150 as I wrote yesterday, managed to move up as the channel of expanding triangle gave strength. Support at 11125 and 11250. Resistance 11330, 11390 and 11450 act as a Resistance.
Lets see. Cheers!!!
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