The unstoppable bulls
Bulls were back in style today at dalal street taking nifty exactly to the resistance level
mentioned in this column.
For tomorrow, the crucial pivot level is placed at 5445.
5480 is the resistance level and 5490, the breakout level.
Breakout targets are 5510, 5530 and 5550.
Nifty should find support around the 5400 mark.
Trading below 5395 will invite selling and nifty will correct to 5380, 5360 and 5340.
Will it be a day on which bulls decide to have a field day or will bears crash the party ?
Let us wait and watch.
NEXT : ONLY BULLS ALLOWED
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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