As mentioned two days back, if NIFTY resisted by major channel around 5120 level then VERTICAL FALL not ruled out. Yesterday is just a start in the downfall. Now 4875-4826-4805 gates are open.
Yesterday mentioned, if NIFTY breaks 5052 then non- stop slide till 5005-4988-4960 (NIFTY hits4986)
BELOW 4993 NIFTY WILL KISS 4875(minor support). IF 4875 breaks non-stop slide till4826-4805.
"SELL ON EVERY RISE" (ABOVE 5140 DON'T HOLD ANY SHORTS)
NEO-PLATONIC SUPPORT@ 4960 & 4913
NIFTY RANGE is 4400-5100
TODAY SELL NIFTY AROUND 5077-5041 FOR A TARGET1-5005, TARGET2- 4960 keep SL-5090
TODAY BUY NIFTY AROUND 4930-4970 FOR A TARGET1-5005, TARGET2- 5060 keep SL-4910
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NIFTY VERTICAL SYNTHETIC RETRACEMENT - LONG-TERM

NIFTY VERTICAL SYNTHETIC RETRACEMENT(since 2003)
NIFTY TREND CHART
NIFTY PIVOT TABLE
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