Time To Stick My Neck Out "Nifty 5000"

[uasish]

To-day Nifty Fut closed near the High of the day,let us see to-morrow.

 

[uasish]

Gap Area in Nifty Fut Hrly Chart.

 

[uasish]

Plz ignore the Earlier Chart posted the Actual Gap area is from
4517.50 to 4531.05 .

 

[uasish]

So still now Nifty Fut High is just 0.50 points above our pre-mkt assumption,let us see whether the Gap Area gets filled.

 

[uasish]

Could not fill the Gap area ,however in Minor support zone.

 

[uasish]

US & Asian Mkt all Red ,it effects the sentiment here,however in Nifty Fut 4484.30 is to be watched to-day.

 

[uasish]

In Nifty Fut 4484.30 is to be watched now below it by 5points.

 

[uasish]

Now we are above 4483.30 ,presently at 4499.50 ,but approaching that Gap area.

 

[uasish]

The Gap Area is to be covered.

 

[toxicexpulsion]

Nifty taking resistance near gap area. No major reaction in terms of % loss. I think it will soon pierce the gap and make new high.