Nifty View for 04/11

Nifty future may trade between 11855 and 12261.
Decision Level :11920.Above & below :Bullish & Bearish .
Above 11920 : 12016/12117/12261/12415
Below 11920 : 11855/11800/11740.
Right now SGX nifty trading at 12057.
So its a huge gap-up.1st level to watch 12016.If the level holds it may test 12117/12261/12415
Keep an eye on Voltas & Sunpharma.The strategy which i had already shared in ideas stream.
IT index is likely to outperform.
Stock specific action likely to continue.
Disclaimer: Ideas for learning Only.