-On Friday it kissed 5402.75 & closed at 5385 level
-From Recent low of 4725 (already 3 GAPS on chart )
-5th Week will see Unexpected level.
-22nd or 23rd Day -Yes ,Unexpected level.
-No Astrology ,Only Time Theory-But for Trend Followers.
Above is the Daily Chart of Nifty Future ,Just see TRENDLINE
Hurdle at 5413 level.
(Already 3 GAPS ,1st at 4844 ,2nd at 5192 ,3rd at 5257 )
(Yes ,All these Gaps will have to be filled )
Above is the Weekly Chart
Just see the falling Trendline connecting from 6347-6210-5760 it comes to around
5470-5480 level this week !
3 Gaps on chart
Bollinger Band indicates to have cautious approach.
In Next 2-3 sessions ,Will see short term top and sharp slide not ruled out.
In Next 2 sessions -101% Exit from all long and Go short in NF ,Bank NF ,Sensex-Nifty stocks
Sell with stoploss of 5410-5420
Suppose Not Crosses High of Friday ( 5402.75 ) then ???
Trades below 5379 with volumes and stays below for 5/10 minutes
Then slide upto 5306-5282 on card.
3DEMA @ 5285
7DEMA @ 5200.
Instead of Jumping and Buying.Best opportunity and Best Strategy…Go short at Higher levels
and take a Risk of 50-60 points and Mint Unexpected money.
