Perhaps Asian markets had an inkling of what is to come during the day in the Western markets. NIFTY has rejected the downside potential and risen quite smartly. Undoubtedly there will be follow-through on Friday on the back of the sparkling rise in US markets.
NIFTY could commence a journey to the 360° line though it won't obviously get there in a straight line. Needless to say, all bearish bets are off!
Projected High: 4,591.2998 (67.5498 points)
Projected Low: 4,464.8501 (58.8999 points
Bullish above 4,548
Bearish below 4,499
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