Nifty opened gap up and most of the time traded with in a limited range of 50 points. Last 15 minutes of trade witnessed a good up move in nifty pushing the same above our buy level of 11936. Having aligned with Bank Nifty, now Nifty should start its move towards 11975/12035/12103.
One can go long in nifty with a SL at 11878 for minimum target of 12200.
Bank Nifty likely to touch 32300 with a SL at 30800.
We are ready with positional trade with buy levels, and targets ready on hand...
Good Luck!
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