8431 MUST BE PASS THROUGH FOR BULLISHNESS IN NIFTY

Whatever may be the INFY,TCS results,NIFTY has to pass above 8431(50% RETRACEMENT LEVEL) at least for an hour trade otherwise if it IS NOT attempting 8431 and falls ,expect 8313/8303 level.
(false break out).further fall is expected after 8303

Commento:

8431 Taken today and correction begins.for 13 days of bull move let us expect atleast 5 days of bearishness