Nifty View - Update

Though Nifty reversed down from resistance, strong support and buying emerged at 15460 levels. Nifty lost momentum on downside and is poised for further up move.

Nifty is a buy above 15600 target of 15820 can be expected in coming days.

However if Nifty falls below 15460 then short term trend changes down.

Note : This view is only for educational purpose. No trade should be initiated based on this view.