caparas

Can touch 9700

caparas Updated   
NSE:NIFTY   Nifty 50 Index
I think , Nifty can touch its recent low. By looking option data , we can clearly see that There is heavy call writing on 9900-10000-10100-10200 level.. This would be act as major resistance for bulls .. On the down side , we have good support at the level of 9700.. But if crossed 9920 and sustains over there for some time , then there is chances of 10K because it would result in heavy short recovering
Comment:
TARGET ACHEIVED ....CHEERS
Trade closed: target reached

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