NIFTY CASH CLOSED AT 11048
So Friday NIFTY almost touched both the first lower and upper levels which I advised and kept trading in the said range only the whole day.
Now, 11016 and 11072 is the first trading rage and below or above that (as per closing) it will decide the next trend. If global issues will be normal than probability is very high that it will touch 11072 first. If it will cross that with high volume (better if close also above that) than it will fly to 11198 followed by 11208 and 11368 also.
If in case, due to global issues and reasons, it will break 11016 and close also, than panic will be seen again to 10922 to 10904.
Overall strong supports and SL zone is still 11838 to 11786 ON CLOSING BASIS.
Rest I will update and advice during LIVE market hours.
GOOD LUCK
So Friday NIFTY almost touched both the first lower and upper levels which I advised and kept trading in the said range only the whole day.
Now, 11016 and 11072 is the first trading rage and below or above that (as per closing) it will decide the next trend. If global issues will be normal than probability is very high that it will touch 11072 first. If it will cross that with high volume (better if close also above that) than it will fly to 11198 followed by 11208 and 11368 also.
If in case, due to global issues and reasons, it will break 11016 and close also, than panic will be seen again to 10922 to 10904.
Overall strong supports and SL zone is still 11838 to 11786 ON CLOSING BASIS.
Rest I will update and advice during LIVE market hours.
GOOD LUCK
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