Nifty today made significant gain by closing above 11416, which was the low recorded on 25th September, 2019. If everything goes well nifty should close above 11491 tomorrow. Supports are shifting upwards and we can expect maximum downside of 11305 in the event of intra day correction or profit booking.
Our today top level was 11460 posted in the blog yesterday and nifty obeyed the level and did not close below 11395 during the whole day on an hourly basis. That indicated the upside. But the CEs did not fetch any big gain.
Bank nifty has jut started its upmove today. Probably it may continue for one more session.
Good Luck!
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