Update on Nifty

Nifty correction is 29 days from Top today and the expectation was about 35 days which is 6 more days.  So, we can be said that it is nearing an end. Today was a global crash effect and Nifty has already retraced 50% of it.  All bad news to getting discounted and 10100-10200 is proving to be a robust support for Nifty Spot.  

Intraday 11-10-2018 (Revised)

Nifty Future (Bias - Negative) 



Weak Below / Strong Above 10198. 




Banknifty Future  (Bias - Negative) 




Weak Below / Strong Above 24631.