Inspite of a hugely volatile week, the markets managed to gain 703/168 points respectively on the Sensex and the Nifty.
The levels of 40151/11775 are a formidable support zone for the markets for the coming week and the coming month as well.
Whether you're an aggressive trader with a view on 42000/12300 or a conservative trader with a view on 40900/12000 - your SL now stands at 40151/11775.
Going into the expiry week, the NIFTY future needs to cross 11941/11977 for a huge blast into 12000+ territory.
Remain an aggressive buyer at every 15-25 point move on the NIFTY for targets of 12000+ for October expiry.