Monthly Chart: Nifty 500
may touch 161.8% of Fibo = 9500 or it may just reverse from current "D" zone of AB=CD
. Price action ( Candlestick
pattern etc) to be watched closely. First support 7500. Next resistance (200% Fibo Extension) @ 10800. This level comes to play only if Nifty 500
crosses 9500 & holds for a month.