Update on Nifty Spot intraday 17-11-2017

If Nifty spot weakens from here and unable to take out 10345 the this rally was b-leg up of higher level b-leg which remains unfinished. If Nifty proceeds from here to new highs then larger c-leg up is going on.   Since Nifty is quiet overbought in Hourly there may be a possibility of a c-leg down within larger unfinished b-leg next week.  Now if Nifty spot takes out 10345 from here then we will be left with upward c-leg itself.  Let us see what market does?

Nifty and Banknifty Future Key Level(s) for 17th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10206-10233 - (Must touch) -  10269-10296 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10354.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25419-25441 - (Must touch) - 25590-25613 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25760.  

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