*Nifty 50 - update*
In last trading session Nifty made high 11401, low 11253 and closed at 11385. Nifty took support near its 20 DEMA, which is placed near 11130 and we witnessed continued buying in the market and Nifty reached near its recent high of 11373.
Nifty closed above its immediate term resistance at 11373, now it can move up to 11550, on the downside Nifty has support near 11130, thus the long positions can be held with stop loss below 11130.