Last week Nifty Closed @ 5993(Spot) 6025(Fut) made a Low of 5690(Spot) & High of 6030 . It shows Nifty has taken ‘U’ Turn to Bullish Trend
In weekly Chart 5700 (Trend Line Support) is Crucial support for Nifty & Rsi Support @50 & Stochastic Indicator also taken ‘U’ Turn
Already I told in Nifty Daily chart it happened now
What will Nifty made Bullish?
Once Nifty is closed Above 5950 Two concsecutive days in daily chart it will Shoot up 6150 & 6240 &6380
Recommandation of this Week
Buy dec futures @ 5980 to 6025 Stop @5920 tgt 6080 & 6130&6230
Option Lovers
Buy 6000 Call@100 &110 hold till Expiry
What will Nifty made bearish?
Once Nifty is Closed Below 5900 Two concsecutive days in daily chart it will Drag down 5800 & 5725 & 5500