NIFTY CLOSED @7422.WE WILL GO POSITIONALLY LONG FROM 7426NS WITH STOP 7396NS FOR TARGET 7570-7693 LEVEL.
LAST WEEK GIVEN YOU THE LEVEL 7364 WHERE NIFTY CAN PAUSE IF SUSTAIN ABOVE THIS LEVEL.NIFTY OBLIGE 7364 LEVEL WENT UP AND WILL TRY TO REACH 7457-7470-7525 LEVEL ON MONDAY.
IF FAILED TO SUSTAIN ABOVE 7472 LEVEL THEN BEING AT OVEROUGHT IN HOURLY T/F WILL COME DOWN TO 7370 LEVEL.
NOW NIFTY IS ON BUY ON DECLINE MODE TILL 7370 LEVEL HOLD.
BREAK OF 7350 IT WILL REVISIT 7240 LEVEL OR WILL GO BELOW 7221-7145-6994.
BUT AS LONG NS HOLDS 7370 BIAS IS UP AND ENJOY RALLY.