Nifty has closed at 11462 after touching 11530. It pared all its gains during the day but the last 30 minutes of trade made a smart recovery of more than 60 points.
Today was the first day after 10 days we are able to see fatigue. There are chances of nifty touching 11675 in this expiry, but the road is going to be bumpy with high volatility. The rise in the VIX yesterday despite nifty going up indicates market likely to witness ups and downs in the next few sessions.
Nifty target 11677 SL 11345.
Bank nifty target 30250. SL 29050.
Goood luck!!
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