Good Morning friends,
Finally, waiting end yesterday and Nifty broke on higher side. It has traded above 15960 and then bounced almost by 150+ points in a single day.
What is the target now next?
Technically we can think of targets like 16300 to 16500 levels. As it's a new all time high so there is no resistance on higher side.
If market falls from higher levels then it will be contra call.
Take a caution, do not prefer to trade on short side on any small pull back on anticipation of fall. Market may not fall easily.
Happy Tradaing,
