As we have witnessed the first negative monthly candle after a consecutive 5-month positive rally, the monthly statistics showing a wonderful working Nifty Index, since last three months 11234.7-11095.85-9188.3, the index is making major strong support near these level, going ahead one look for buy on dip opportunity for the fresh upsurge in coming period for tgt of 11650-11850-12200 and stop would be mentioned above levels.

Chart PatternsTechnical IndicatorsTrend Analysis

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