We have seen nifty posting a decent gain of 360 points on a weekly basis when we have already given signal that support are shifting upwards. Now if nifty is able to hold 11555, then we may probably see 11857 as per the monthly chart posted in this blog earlier. A mild dip up to 11510 looks imminent which could be a buy provided nifty closes above 11555 on a daily basis.
Bank Nifty has to keep its head above 29425 on a daily close basis to reach 30100, which is the buy level for the month. Only after reaching 30100, the buy level for BN starts where as nifty is in buy mode above 11628.
Most of the scrips are bullish and it is going to be a cracking week before Diwali. I will post my special analysis with numbers.
Good luck to everyone!
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