I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” Warren Buffet
LAST CLOSE @ 5699.30
LAST 12 TRADING DAYS NIFTY FUTURE TRADING RANGE IN BETWEEN
5749 - 5667 LEVELS
THIS WEEK WE CAN EXPECT SOME BREAKOUT OR BREAKDOWN FROM THESE TRADING RANGE LEVELS AND BIG MOVE ON CARD AT LEAST 100- 120 POINTS
UP OR DOWN????
ON THE BASIS OF WEEKLY CHART ANALYSIS
RESISTANCE @ 5745-------5775---------5855
SUPPORT @ 5666--------5637--------5597
ON THE BASIS OF DAILY CHART
INTRADAY VIEW
TRADING BELOW 5700 FOR 15- 20 MINUTES WITH VOLUME
WATCH PANIC UPTO 5681 AND 5666 LEVELS
THEREAFTER TARGET FOR BEARS MAYBE
5645
IF BULLS CAN SUSTAIN AND TRADE ABOVE 5700
BULLS MAY TRY TO KISS
5718 - 5730 LEVELS
ONCE CROSSOVER 5730 AND SUSTAIN
WATCH RALLY UPTO 5743 LEVELS
STIFF RESISTANCE AROUND 5632 AND 5643 LEVELS
Subject To Disclaimer