After 8 Weeks (Sep 17th to nov 19) This week Nifty closed Below 6000 In weekly ChartsThe same thing happened in 5500 levels for 8 weeks (jul 16th to sep 3) After tht Nifty Closed Above 5500 it will Shoot Up to 6150
Wht Happen Nifty Coming Week ? (Expiry of NOV Month Coming Week)
Immediate target will be 5820(50% retracemeant of 5349 to 6336 & 2nd trend line Support in Daily Chart &1st trend line support weekly Chart Once it will Break Strong Support(Fevicol) it will be Giving a Spike @5744(38.2 retracement of 4786 to 6336) 5725(61.8% retracemeant of 5349 to 6336 & 100days MA in Dily Chart ) once it will break 5744 And Close below Two concsecutive days in daily chart it will Fall upto 5000 Levels
My View On Expiry Will Be 5900 to 5950
Short Term Recommandation
Sell @ 5900to 5925 Stp @ 6030 tgt 5750
Strong & Long term Recommendation(DEC Futures)
Strong buy dec futures @ 5775 to 5825 Stop @5700 tgt 6150
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