On 11th May the LV bar in Nifty had a closing price of 9448.9. (This should come into play on Monday if 9404/9409 is protected.) Whether it reacts from those levels or go up from there would only be clear on Monday. (I do not trade Nifty). Another interesting observation to share with you is when you connect these points of the price levels of the last few days you get a fairly good idea of the inherent trend of the market by looking at the pattern it is making. (Higher highs higher lows or vice versa). This cuts out the noise and is easy to comprehend.