NIFTY FALL WHATEVER THE REASON BEHIND THIS i.e. EURO DRAMA, US DRAMA Or INDIAN POLITICAL ISSUES.
WE ARE LOOKING WEEKLY TECHNICAL CHART FOR NIFTY.
NIFTY PLAYING SIMILAR PATTERN THAT'S HIGHLIGHTED IN YELLOW LINE
THAT'S WHY ONLY WE ARE CONFIDENT ABOUT 5500, TILL 4700 WEEKLY HOLDING.
IN NEXT 2 AND HALF MONTH. WE HAVE UPDATED THIS LEVEL WHEN NIFTY WERE TRADING AT THE LEVEL OF 4800. HERE OTHER ANALYSTS OR MARKET PUNDIT CAME ON TV OR ON THEIR WEBSITE UPDATED THAT NIFTY WILL TOUCH 4400 OR 4200.
CURRENTLY MARKET HAVE RESISTANCE NEAR 5200
START BOOKING PROFITS FROM 5170-5200.
AFTER THAT PROFIT BOOKING EXPECTED RAISE SL FOR LONGS TO 4900 FROM 4800.
WHERE WE WILL TAKE EATERY AGAIN FOR NEXT UPSIDE TO 5400 5500...
FOLLOW LEVELS... TO TRADE IN STOCK MARKET
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