What happen y'day was nothing more than dead cat bounce.....but to what extent this counter rally should go..?? only y'days candle formation is positive or say hopeful sign for BULLS...other indicators are still negative...BEARS modd will remain dominant in broader sense....but this bounce will show nifty 4850..??? some signs must show diversions for that....
For wednesday I think....trading above y'days high--4717-- required.....and then again 4724 has to cross ..then we might see 4765....but that is stroing resistance.....and if not cross 4717 and remains below 4695...then 4660/4615....or more in deep we can see 4538 again too......lets see.....
