Tomorrow F&O expiry Day Today's close at 5141 and Low made at 5129 Breach of this level could lead to 5106-5093-5082.... High Made at 5160 break out of this level will take it to 5174-5190-5205 Tomorrows Pivot at 5143.. My expectation is 30/40 points up down range from today's close
Still Spot Nifty is out of raising wedge which got broken on 26th have to go above 5180/5190 and close till then the down targets are on ..5095 giving sup.
Starting of New series 5220/5270 not touched and 5090 fail to hold
expected minimum down side is 4930 .
Very soon 200/300 points move is on the cards
will post chart later ..
exactly. I'm also observing the same . Does that mean again a ghisipiti July series !!!!!!! :annoyed:
Wow!! shorted july at 5165 with srtct SL just to take calculated risk.Cover 5141 and that is mostly coz the above hammering effect . not a good thing for rest of the series .