As expected in last post, Nifty remained sideways first between 8992-9219 and then started next upmove towards 9350-9400. Though its little early to say about upmove but technical structure supporting more upside. Sustenance above 9150 may bring faster momentum & sustenance above 9219 open gateway for 9350-9400.
On contrary sustenance below 9050 may bring more downside and sustenance below 8992 may open gateway for faster fall of another 200-250 points so keep close eye upon above mentioned levels. Our bias is up & we are maintaining our longs after this correction.
Have a nice week ahead, take care of you & your family :)