Three Consecutive close above 5641+Weekly close will take to 5794-5845 & there after nonstop rally upto 6000-6051.
28th Week will see Unexpected level.
Yesterday we had mentioned it can spurt upto 5702-5707 level.
It kissed 5690 & Intraday crashed upto 5642 & closed at 5665.85.
-Just see from last 6 sessions ,NF not able to break 3DEMA…it kissing that level and takes U-turn !!
-So 3 DEMA ,Now at 5642 & 7DEMA @ 5582.
Yes ,both will act as crucial support levels.
-Will think to Buy Fresh only above 5702 & that too if stays above and closes above this level ….otherwise…..will go short on rise !!
Below 5670,Bears will have upperhand !
Watch slide upto 5572————5540 level in PANIC.
Above condition only valid till it not crosses 5702 level.
Yesterday’s Nifty Future volumes lowest of last 25 sessions.
-Whenever this type of volumes occurs (lowest )…Unexpected and Surprise move not ruled out.
-Crack of 100-150 or more points on card ?
Will tell more Details to our Subscribers.