Nifty 3861.05
Short term trend in Nifty is looking bullish and in the upper side it could test 3950-4000 level in coming weeks. Only a close below 3760 level would negate the bullish view.
In the extreme short term, if Nifty sustains above 3830, it could test 3950.
Today, if Nifty sustains above 3835, it could test 3890 initially and above this level, it could test 3920.
In the medium term charts, the trend is looking bullish and it is likely to test 4500 in coming months and this view holds good as long as Nifty sustains above 3500. Long term Investors can remain invested with a stop at 3500.
Remain long with a stop at 3830. Short, below 3810 for a target of 3760.
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