Nifty closed above critical support level today.
Tomorrow 2 levels will rule the market - 5199 and 5258 (again :-) )
If nifty crosses 5258 it will retrace to 5232 and zoom to 5290, 5320 and 5340.
If nifty breaks 5199, it will retrace to 5232 and crash to 5158 and 5118.
After many days of indecisiveness, tomorrow could be day when index decides to breakout / break down.
NEXT : RIL RNRL SPAT
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
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