Nifty took support at 61.8% today and may come to 78.6% or go higher. Not seeing any massive movements soon.
There is a small gap below, It may come to fill the gap (12259-12287) very soon. Also harmonic pattern suggesting a downside movement must happen for it to blast up.
The big gap will have to wait for a crash in future to get fulfilled. I hope post budget. Let's see.
Buy near 12133 with stop loss near 12100.
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how does the chart look like? did every bounce got sold off?
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It should fill the gap for it to sustain bullishness. Get ready for long trade. 1st it must fill the gap. Have updated since long. Can't complain about the fall. It was there and very clearly visible.