Daily Chart
Nifty finally broke out of the range of 5266-5367 giving a range break target of a 100 point move to 5166.The uptrendline is strong support at 5243 for today .The low made yesterday way 5235 yesterday . 5210 is the 38.2% fibo level of rise from the strong support of 4963 to 5366 which coincides with the 161.8% fibo level of rise from 5260 to 5339.
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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