NIFTY 50 future TRENDS

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Thanks Mano. I love reading charts and interpreting them. I just happen to take a hobby and something I love and converted it into my job. Nifty is the main market of choice in this forum, so that is another reason I follow it.


It's so nice of you though you don't trade you give your excellent technical readings and i admired it .
 
As expected today, Nifty closed at 4899, well above the 200 Weekly MA of 4836. Nifty may test 5015-5100 on this upmove. Caution is advised below 4883-4845 which is the SL for the longs. Close below 4836 is disaster for Nifty.

Support for tomorrow : 4883-4860-4845
Resistance : 4917-4945-4960
 
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