Market Overview

Nifty if remain above 11380 may hit 11520 soon!!

We have seen a strong bullish movementum in Nifty after it broke the level of 11,120 on daily chart every minor dip was a buying opportunity,In near term Nifty has an important resistance of 11450 & 11500 while on downside it has a strong support of 11350 & 11300


It is advisabe for the traders to remain buy on dips if Nifty again retest the levels of 11380 on downside one should buy it for the upside target of 11480 & 11520 while on downside traders should maintain a stop loss of 11320.