Yesterday, NIFTY opened on a positive note and it jumped above the 20k mark in early trade and thereafter it started making higher tops and higher bottoms on the intraday chart. It tested 20100 and closed just below it. NIFTY has tested our target of 20100 but it is still looking very strong on the charts thus we maintain a bullish view, now it can test its all time high of 20222. On the downside, now the range of 19950 to 19900 will play as an important support.
|Buy above 20110||20049||20222|
|Sell below 19890||19951||19775|