TARGET ACHIEVED

Nifty finally achieved its target of NS 4648 which is a very important achievement and closed over it. For upmove it has to trade over NS 4586-4611 and only resistance is in zone of 4750-4800. Today's pivot is NF 4646-4650 and cross of 4693 can take it to 4711-4725; support around 4629 and further at 4597. Market may like to consolidate around this level after major upmove.. so strategy should be to buy at low's or short at high point.