NIFTY FUTURE - - Hurdles at 5689-5706 - - OCT 18TH

-Yesterday Boldly Written :If Revives Sell Nifty Future.Our Hurdle was at 5696….In Morning itself kissed 5694 & Crashed Vertically.

Made Intraday low of 5645 & Closed @ 5669.50

-Yesterday’s Nifty Future Volume was 2nd Lowest of this Year !!Just 168830 lots !!

Today ,Will Face Hurdle at 5685————5691 level.Now Decisive Crossover above 5691 with volumes and stays for 15-20 minutes will take to 5709-5715 level.

Support @ 5643——5625 level.Break below 5625 will create PANIC upto 5606-5587 level.

Is it Possible…………..It will Not Cross 5768 (Our Major Hurdle )and Slide upto 5550——–5450 on card ??

Trendline Connecting :5034 & 5237…………………..Support around 5440-5450 level.

 

Three Consecutive Close below 5662+Weekly Close if Happens then :Our Downward Target of  5546—5507 not ruled out.

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