NIFTY UPDATE

NIFTY comfortably achieved target of 20,475 which we discussed on FRIDAY,
with this INDEX also stands exactly at its PATTERN objectives of 20,500-20,700,
We were looking at this zone since NIFTY broke out above 19,881 on 28th,NOVEMBER,
This zone of 20,500-20,700 also completes the PATTERNS like (SQUARE OF 9) and (HEXAGON) things are getting little bit extreme here so market should hold on here for couple of days.
Nearest support for NIFTY have moved higher from 20,000 to 20,240 on spot.

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