TREND LEVELS OR REVERSAL LEVELS
If expected reversal happened b/w April 9th - April 14th then two possibilities are
1. NIFTY will slide to 4992 level on or before April 23rd breaks will take up to 4835 level on April 29th or before expiry
2. NIFTY will slide to 5040 level on or before May 6th breaks will take up to 4870 level on May 14th or before expiry
PIVOT LEVELS
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TODAY SELL NIFTY AROUND 5386-5376 FOR A TARGET1-5365, TARGET2- 5350 keep SL-5405
TODAY BUY NIFTY AROUND 5345-5355 FOR A TARGET1-5365
TARGET2- 5388 keep SL-5330
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BEAR
LEVELS
(if
yesterday's high not taken
out)
If breaks 5338 then non-stop slide till 5321-5302
U-TURN
LEVEL @ 5321
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