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Sunday, November 2, 2014

nifty views (update)

my views based on fractals and some mathematical calculations
next week nifty may probably pause to take breath for another round of upmove later this month
on monday may face res near 8350-8365 range
next few days may be small tight range days
if opens gapup abv 8366 then may probably land at 8600 in few days
8365-8220 may be trading range........
option buyers need to be cautious
break of any may decide fate of nifty for coming days
next week has two holidays on tues and thursday
On Monday nifty probable trading range is 8358-8286
may sell on upmove near 8358-65 range
sl abv 8396
on dips may buy near 8286-8280 range
sl below 8248

3 comments:

  1. on wednesday may expect more or less same range in nifty as was on monday +/- 10 points

    probably on friday a dip may come possibly till 8220-8240 range

    ReplyDelete
  2. again today trade in nearly same range

    on friday may break abv 8380 and then may expect 120-140 pt correction till tuesday next week and then again journey starts for 8460-8670 levels

    ReplyDelete