Existing swing chart target 5233-5400 level (if 5020 & 4993 not breaks decisively)
If 4993 breaks with volume then swing target is 4700-4500 level
I am expecting a fall over 200 points in NIFTY by this friday or next monday & before expiry it will touch 4690 level(as we are completing 55weeks from the october'2008 low (2258)) -- (this will happen if NIFTY breaks 5010 & 4993 with volume)
BEFORE EXPIRY NIFTY WILL GO AROUND 4700-4500 level (if our previous high 5182 not taken out)
TODAY SELL NIFTY AROUND 5075-5065 FOR A TARGET1-5055, TARGET2- 5040 keep SL-5090
TODAY BUY NIFTY AROUND 5030-5045 FOR A TARGET1-5055, TARGET2- 5070 keep SL-5010
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NIFTY MAJOR SUPPORT@ 4955 & 4915 (Neo-platonic support) & 91.1% vertical synthetic reversal point @ 5125
NIFTY 30min chart
NIFTY SWING CHART
NIFTY GANN'S CHART
NIFTY PIVOT TABLE
congratulations for your very good analysis.Keep it
ReplyDeleteBala