Nifty came down a few points due to the bad result scenario of Infosys. As seen in most results the pricing is already discounted so we may see that happening with IT firms Q4 .

Typically price bounces back in case it was over compensated before the news.

Nifty will remain Volatile however 9060-8970 remains a STRONG SUPPORT  Zone . If that is broken then nifty will go into bearish mode .

We can look to go long if NIFTY bounces from  9060 .

20 EMA and 50 EMA remain apart and still bullish !

NEXT Resistance : 9220  NEXT Support: 9060 

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