NIFTY VIEWS

BASED ON FRACTALS I AM EXPECTING FOLLOWING TWO POSSIBILITIES FOR NEXT WEEK

(1).MAY CONTINUE TO TRADE IN THIS TIGHT RANGE OF 5938-6027 FOR NEXT WEEK WITH ALTERNATE RED AND GREEN DAYS ...IF THIS HOLDS RIGHT THEN NS MAY DIP TOWARDS 5880NS LEVELS IN WEEK STARTING 21ST JAN(MOST PROBABLY ON 24TH JAN THURSDAY) AND THEN WILL MOVE UP AGAIN TOWARDS 6000NS LEVELS TILL EXPIRY OF THIS SERIES
MONDAY MAY OPEN WITH POSITIVE BIAS AND MAY TRADE IN 5938-5988 RANGE,IF CLOSES ABV 5963 ON MONDAY THEN TUESDAY CAN BE A GOOD DAY FOR BULLS AND NS MAY TRGT 6027 INTRADAY

(2).SECOND OPTION IS FAVOURING BEARS AND AS PER  THAT VIEW EXPECTING NS TO TRADE IN 5823-13 RANGE ON LOWER SIDE AND 5981-88 RANGE ON UPPER SIDE FOR NEXT WEEK....ANY DAY IF NS CLOSES BELOW 5932 OR INTRADAY DIPS BELOW 5923NS WILL BE SIGN OF CAUTION FOR BULLS AS NIFTY MAY START ITS DOWNWARD JOURNEY FROM NEXT VERY DAY WITH SOME GAP DOWN OPENING
IS NS DOES NOT FALL BELOW 5813NS LEVELS ON CLOSING BASIS THEN THE NEXT UPMOVE CAN BE VERY SWIFT TOWARDS 6100+ LEVELS
AS PER ABV VIEW ON MONDAY NS MAY OPEN FLAT AND MAY TRADE IN 5928-5981 RANGE ,TUESDAY NS MAY CLOSE BELOW 5932 AND FROM WEDNESDAY DOWNWARD JOURNEY STARTS