Nifty Chart

Bullish view : The swing 11171-9951 already sustained above 38.2% [10417] will be good for 61.8%(10705) of 78.6%(10910).  50% of the same swing at 10561.  Close above 10561 must for further upside.  Expected short covering above 10520 for 10561 and fresh long above 10560 for 10705-10910+

Bearish view with 10490 not sustained : Recent H-10637 and L-9951 swing's 78.6% at 10490.