10350
10244
10100 - 10111(It should break)
10062 - Should hold and a sharp up-move should start
10111 is the new target for Nifty staying below 10600
The extracting triangle completed at 10111 and then the up-move happened up to 11760.
Thursday, October 4, 2018
Nifty Spot Update - Revised EOD 4-10-2018
Weekly parallel channel almost done 10500 around huge support and buy and Nifty must recover 200 DMA quickly. If 10500 breaks and sustains 10100 around will come.
10600/08 Staying below this level
10350
10244
10100 - 10111(It should break)
10062 - Should hold and a sharp up-move should start
10111 is the new target for Nifty staying below 10600
The extracting triangle completed at 10111 and then the up-move happened up to 11760.
10350
10244
10100 - 10111(It should break)
10062 - Should hold and a sharp up-move should start
10111 is the new target for Nifty staying below 10600
The extracting triangle completed at 10111 and then the up-move happened up to 11760.
Intraday 4-10-2018
Nifty Future (Bias - Negative)
Weak Below / Strong Above 10778.
Banknifty Future (Bias - Negative)
Weak Below / Strong Above 24937.
Weak Below / Strong Above 10778.
Banknifty Future (Bias - Negative)
Weak Below / Strong Above 24937.
Nifty Spot Update
150 DMA - 10,835
200 DMA - 10,777
Are strong supports 2/3 days consecutive close below only can weaken Nifty Spot else it is a buying level.
10677 as I was mentioning many times is a potential faster retracement target.
200 DMA - 10,777
Are strong supports 2/3 days consecutive close below only can weaken Nifty Spot else it is a buying level.
10677 as I was mentioning many times is a potential faster retracement target.
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