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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