As expected in last update, Bulls lifted nifty higher from gap area 14500-14630 zone and now trading at 14800 above.
key level to watch out here is 14880 spot.
Once nifty cross this resistance level, we can see more higher levels ahead.
Key supports remain at 14500-14400 zone.
Avoid short selling and build long positions.
Pharma and Banking looks hot.
Regards,
Suryadev Bandari
Research Analyst
www.earningwave.com
Previous updated chart
Latest Nifty Chart.
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