· Market Trading Near The High Point And It Is Natural That There Shall Be Opposite Reactions And Profit Booking Near Every Higher High Made But If You Watch Closely Nifty Has Given Close On Every Previous High Made And It Is But Natural That If The Same Momentum Is Build The Expiry Can Be Above 5000 Which Can Surprise Everybody But Saying This It Feels To Me Like I Am Dreaming In The Day That Such A V Shape Recovery Within Small Time Is Quite Surprisingly And Still People May Wait For Correction Which Still Shall Not Be There Some Correction Of Intraday Or Intra Week Posible As Nifty Is Overbought So Buy On Every Intraday Deep With Proper Stoploss.
· The Main Trend Is Up
- Now We Will Have Bigger Range To Play From 3700 - 4000 – 4670 – 4800 - 5000
- LEVEL FOR THE DAY
- TECHNICAL OUTLOOK :
- Imp Support 4490, Imp Resistance 4560,
- Likely Trading Range 4451-4600,
- Trade on long Above 4386 and Vice versa
- Note :- Please don’t use this levels when gap up or gap down. Also either side band is breached shall show breakout in either direction, and close above / below the intra band shall continue with the same trend for next day and can continue for for BTST OR STBT.
· DISCLAIMER :
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