9,600-10,000 levels are strong support and resistance on Nifty: Devang Shah

Bank Nifty has more room of upside in recent rally from current levels, says Devang Shah

NIFTY       

CLOSE: 9886.35 (14.07.17)

Market extended gains as expected after an end of a short-term time-wise consolidation in the range of 9,500-9,700 levels on Nifty for around 4 weeks. It has achieved my short-term targets levels of 31,850 on Sensex and 9,850 levels on Nifty. It has made a high of 9913.30 on Nifty and 31,109.75 on Sensex so far in this rally. It closed second consecutive week in a positive territory. One can expect market to trend towards much awaited mile stone of 10,000 levels on Nifty and further more as mentioned below in short term. 

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