Candle having high@18059 can put pressure on the expiry day- once BN starts moving below 17700 & sustaining down could lead BN down to 17350-17400 zone -most likely to finish X-wave & Start Fresh Upside Move in Jan2017.
Jan series could give a sizeable push upside into 19700-19900 zones where larger wave-(1) gets retraced by 61.8%
Jan Series as expected a sizeable push -half of the move done.
Jan Series -Cheers will almost cross 18500 in today's session in gap up
1500 points in all-- Wow!!!
Happy Jan Series Ends close to 19250-19300 zone -we started from 17860's - I have completed positional 1500 Points call- An impulsive leg is almost complete.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ