Nifty is at support @8060 levels, if it is broken than we can see a fall towards US election day low @ 8002. As nifty is looking week and bulls are not showing any power if these supports are not respected than we can see a fall towards range 7760-7780 and below @ 7710-7720 in between it has one small support @7945-7950. If Bulls show power and can pull back nifty then there are multiple resistances @8120-8125/8270-8285 range.
Rest continues and we will discuss it again when any breakdown or breakout is going to occur. Lets see...Wait n Watch..
Your ideas welcome please post your views regarding it what you think.