nifty views

on friday US markets closed with weakness and this may be was just in celebration by bears  of the biggest fall of 12% in DOW 25 yrs back and/but  may not see asian markets opening with a big gap down as crude and base metals were down which is always good for asian markets and especially for indian markets...
if nifty open flat with positive bias may move ns  up towards 5710-20 range again and then may see fall again in later part of day...dollar has already risen in anticipation of fall in US markets and may start retracing  from monday
or if open with a  small gap down opening then 5650 will be first support and then 5632-5623 range is very strong support if held then may again move up towards 5723-40 levels
if ns opens gap down on monday and breaks below 5630-5623 range in first 45-60min then expect ns to dip below till 5577 levls and if closes below 5600 will see nifty in red for next three days till friday...may dip towards 5544 till expiry and close expiry near 5580
after expiry fall may continue on friday which may see nifty dipping towards 5500-5490 range and from there a strong upmove till 6030 is expected by end of nov or max upto 2nd week of dec month