NIFTY - BULLS ON VACCINE SHOT SGX NIFTY 50 INDEX FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) SGX:IN1! sreebhashyam Nifty bears had their best day till they were stopped by the support of the lower sloping trend line drawn from the lows of the candle. Today's graph is of Futures market for a change. Clearly bulls get lease of life from the Vaccine response across the globe and this percolates to all the markets albeit at different lengths of the shade. While the lower low and lower high still attracts some to call for top, one needs to understand this is very much possible on complex corrective waves. We strongly feel that is the case as of now. One more open gap (new series, new financial year). Break above 14680 is needed to take bulls safe home. 14300-700 bigger range; while for the day 14500-600 ideal.