As we discussed earlier, the Nifty was bearish below the level of 23800 and was expected to become bullish only after it surged above this level. As the Nifty has now crossed the level of 23800, and has sustained this level, so traders can now look for the right order blocks in the shares to start buying again. In our opinion, the Nifty is considered to be bullish in trend above the level of 23400.
