Hai everybody,
The Unexpected fall in nifty yesterday. 1st We submit our apology for mentioning 5135 in yesterday update and also for reverse gear in Nifty.
Yesterday, Nifty ashamed at 5050 level and comes to 4963 and then heading at 4989.
Today gap down opening will be expected. Below 4950, will test 4920 level. Keep ur eyes on 5050 (Nifty spot) level. Today nifty can decide its trend (Up or Down) at this (5050) point.
Two type trade may possible today. One is, Trade above 4965, with volumes, will easy to take 4985 and 5005 levels. Another is, Trade below 4935, with volumes, will easy to take 4920 and 4902 levels.
Still Nifty is in neutral. One side movement like as yesterday will be expected.
We will see 5035 once again in next week, before expiry. But november expiry will close below 4820 is possible. Who know this..? Small possible is to see 5035 today.
Today trade between 4920-5020 levels.
So trade carefully.
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TODAY BUY NIFTY AROUND 4935-4950 FOR TARGET1
4965 TARGET2 4985 keep SL 4920
TODAY SELL NIFTY ARUND 4990-5005 FOR TARGET1
4975 TARGET2 4958 keep SL 5020
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SAFELY TRADING.
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