Nifty may go 9400 to 9525 if sustain above 9164

Nifty may go 9400 to 9525 if sustain above 9164 and then afterwards it may show downtrend upto 8500 to 8600 .

Will publish another view on it once it closes above 9600 .To trade in this range stop loss with 8875 on closing basis.

Trade ativo:

Upside of 9400 -9500 range is achieved now have to look for lower target of 8500-8600.

Trade ativo:

Nifty had achieved the target of fibo ratio 1.272 ans started showing reversal. The option OI data also indicating weakness upto 9600.