Day Trad­ing Guide

The Economic Times - - Smart -

The Nifty’s up­move high­lights a larger de­gree of struc­tural turn­around and opens the room for con­tin­u­a­tion of the up­move to chal­lenge pre­vi­ous life-high of 9119 in the near term. The im­me­di­ate sup­port is re­vised up­wards to 8800 re­gion, it be­ing the lower band of short-term ris­ing chan­nel en­com­pass­ing the up­move since De­cem­ber lows and re­cent bullish gap area. Any cool-off to­wards the same should be used as in­cre­men­tal buy­ing op­por­tu­nity.

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