Good Morning Friends,
Mid cap and small cap index rebounded from lows to out perform Nifty yesterday. A possible reason of fall has almost saved. Now, we should focus on Nifty technical levels.
I have two important figures in mind. One is at 16380 and other at 16500. Nifty may turn heavy on any of these levels.
Still, I must say that direction remains up as long as Nifty is trading comfortably above 16200 levels.
Let us see if this moves for 16500 or correct from 16308.
Happy Trading,
