Nifty(19389)

Bang on target once again!!!! Hey friends in my yesterday’s daily strategy I have given Nifty target of 19430 and clearly mentioned that 19430-19450 will act as a resistance zone for the market, and today Nifty made a high of 19434.15. One more thing which I have mentioned is to be cautious and keep booking profits at the higher levels and today in Nifty chart almost Hanging Man pattern was formed which indicates a sign of tiredness in the market. So be cautious and give market some time to breathe.

For tomorrow levels to watch on the upside would be 19430-19450 zone and 19480-19490 zone. Similarly on the downside support can be seen around 19210 and 19110 zone.