Nifty Future had mentioned resistance at 5283-5325. Due to the exhilarated gap up it opened above all resistances. I was waiting for nifty to rush to its 200DMA of 5411 to initiate a sell call but it didn’t happen till the last hour of trades but we know how to get along in transformed situations.
Bank Nifty Future mentioned resistance at 9788-9826 and above 9826 it would rush for 9954. Verify due to the huge gap up it opened few points below 9826 and rushed to the target of 9954.
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