NIFTY LOOKING AT THE PATTERN ..WHENEVER GAP UP HAS BEEN OCCUR STRONG SUPPLY SEEN LATER AFTER BREACHING TL .. AS RBI POLICY IS AHEAD SO IT WILL BE RISKY SHORT SETUP AT THIS LEVEL 8740 WITH STOP OF 8780 WHICH WAS EARLIER STRONG SUPP WHICH CAN ACT AS RESISTANCE NOW .. TARGET FOR SAME 8695-8655
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NIFTY FAIL to close above resistance zone now will be waiting to close below 8710-8690 zone which will give more indication of weakness