If global cues not supporting to move above 5120 level & if yesterday low 5052 breaks then non-stop slide up to 4990 not ruled out.
"NIFTY may touch the channel top today around 5120 level. If this MAJOR CHANNEL resisted the UP move then vertical fall expected.
NIFTY MAJOR SUPPORT@ 4990 & 4955 (Neo-platonic support) & GANN'S RESISTANCE @ 5145
"SELL ON EVERY RISE" (ABOVE 5150 DON'T HOLD ANY SHORTS)
TODAY SELL NIFTY AROUND 5140-5120 FOR A TARGET1-5105, TARGET2- 5080 keep SL-5150
TODAY BUY NIFTY AROUND 5070-5086 FOR A TARGET1-5105, TARGET2- 5125 keep SL-5050
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MAJOR TREND RESISTANCE @ 5120
BEFORE EXPIRY NIFTY WILL GO AROUND 4700-4500 level (TODAY REVERSAL NEED TO CONFIRM THESE LEVELS)
NIFTY GANN'S CHART
NIFTY TREND CHART
NIFTY SWING CHART
NIFTY SYNTHETIC RETRACEMENT CHART
NIFTY PIVOT TABLE
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