NIFTY gave a strong closing on Friday as it ended above a long term support of 15917 and 16030. Yet the Important hurdle of 50 days EMA is still ahead of it which is at 16132. Crossing and closing above 16132 will be important for Nifty to go towards 16277.
above 16277 levels Nifty in a short to medium term can go towards 16525 which is it’s 200 days EMA and a...