Hai everybody,
What a bounce in nifty on friday. The expected good bounce in nifty on last friday and once heading above 5052 level.
Then what happend next in today. Once again Nifty try to cross 5085 levels. This is the last try for nov series. But nifty won't cross 5085 due to global cues.
If nifty cross 5085 level at any session today, with volumes, then we will might see 5115 and 5135 levels with in the hour.
Otherwise if nifty failure to cross 5085 level once again, then uptrend will continue till nov expiry. Today no more big movement will appear in nifty.
Today flat opening will be expected. Today watch the level 5050. If nifty trade below 5050 level, with volumes, we will see once again 5020 and 5005.
Alert: If nifty breakout 4990 level, then sharp fall made in nifty for one hour.
As per our friday's quote, we saw 5035 level once again. Then 4820 level is only pending. Before expiry we will see 4820 level also.
Today trade between 5020-5115 levels.
So trade carefully.
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TODAY BUY NIFTY AROUND 5020-5035 FOR TARGET1
5065 TARGET2 5080 keep SL 5005
TODAY SELL NIFTY AROUND 5075-5090 FOR TARGET1
5050 TARGET2 5035 keep SL 5105
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SAFELY TRADING.
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