Nifty opened higher at 9753, registered low 9731 and bounced further to register day’s high 9899 and closed 306 points up at 9859.
Thursday, Nifty was in short term resistance 9582-9942 and 9234-9009 was short term support. 9518-9469 was immediate/intraday support and Nifty was in positive zone for Intraday as long as trading above 9469.
Nifty opened gap up at 9753 and bounced further till 9889, so intraday as well short term support was changed. Fresh support and important levels were updated during market hours but Nifty traded above immediate support for whole day. Now, let’s have fresh look at latest charts for further scenario.