5374-86 range is immediate res in nifty for monday/tuesday
abv 5393 if sustains bulls will accelerate with full throttle towards 5478-5550 in quick time
being september MF may also start buying to improve their NAV
5253 is TSL for longs as of now
as per fractals buying all dips in 5280-90 range with sl below 5253 is advisable
only VIX index is creating doubt for this bullish scenario....
for nifty to move up VIX index generally corrects but at such lower values where it will go if ns has to move up significantly??
although i have seen some time VIX also moves along with nifty in same direction
BN expected roadmap is
10226-9970-10440-10040 in next 10-12 trading sessions
calculation based on fractals and for keen watch
aggressive trading shd be avoided as this view can be totally wrong also
abv 5393 if sustains bulls will accelerate with full throttle towards 5478-5550 in quick time
being september MF may also start buying to improve their NAV
5253 is TSL for longs as of now
as per fractals buying all dips in 5280-90 range with sl below 5253 is advisable
only VIX index is creating doubt for this bullish scenario....
for nifty to move up VIX index generally corrects but at such lower values where it will go if ns has to move up significantly??
although i have seen some time VIX also moves along with nifty in same direction
BN expected roadmap is
10226-9970-10440-10040 in next 10-12 trading sessions
calculation based on fractals and for keen watch
aggressive trading shd be avoided as this view can be totally wrong also
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