NIFTY FROM TWO DAYS IS TRADING VERY CLOSE TO ALL TIME HIGHS BUT UNABLE TO CROSS IT. NIFTY IS BULLISH TILL IT IS TRADING ABOVE 10000 LEVELS. ANY DIPS CAN BE CONSIDERED AS A BUYING OPPORTUNITY.
Broadly nifty is in a range of 9700 - 10000. It is also in a more smaller range of 9880 - 10000. Nifty is trading sideways with one up and one down day making trading extremely difficult. No directional call can be taken on nifty until it is out of this range.