PROBABLE PATH OF NIFTY IN DECEMBER

NIFTY WEEKLY CHARTS

NIFTY 5 MIN CHARTS

NIFTY MAY PROBABLY OPEN WITH POSITIVE BIAS ABV 4890 ON MONDAY AND MAY FACE STIFF RESISTANCE IN 4959-4975 RANGE WHERE AGGRESSIVE SHORTS CAN BE CREATED WITH SL ABV 4988 FOR INTRADAY FOR TRGTS OF SUB 4900 LVLS.

SHORTS SHOULD BE EXITED ON MONDAY AS I AM EXPECTING A SHORT TERM RALLY TOWARDS 5100 AGAIN IN NEXT 5-7 TRADING SESSIONS,BUY NIFTY IN 4840-60 RANGE
WITH SL BELOW 4800 ON CLOSING BASIS

IF OPENS FLAT OR WEAK THEN STRONG BUY IS RECOMMENDED IN 4840-50 RANGE FOR NEXT 5-7 TRADING SESSIONS WITH SL BELOW 4800 ON CLOSING BASIS

NIFTY CHARTS

ON WEDNESDAY MARKET MAY OPEN FLAT AND MAY AGAIN BROADLY IN 5060-5000 RANGE SELL NIFTY ON ANY UPMOVE NEAR 5055-60 RANGE WITH SL ABV 5077,IF SUSTAINS ABV 5077 MAY TRGT 5098-5133-5168 IN COMING DAYS IF OPENS WEAK THEN BUY NEAR 5000 LEVELS WITH SL BELOW 4988,BELOW 4988 MAY TRGT 4971-4955-4940 THIS WEEK

NIFTY CHARTS

SILVER DAILY/WEEKLY CHARTS

TATA MOTORS CHARTS