Maths suggesting in 1 or 2 days exit longs and shift your focus to NIFTY17MARFUT @ 8750 zone
i.e. By 07Mar2017 or 08Mar017 Nifty has strong chance of reversal
Bears has strong chance to takeover by 08Mar2017
Time to be Cautious
Statistically incase this idea do not trigger in two days on closing basis, then close this idea.
Means, incase you do not see any selling pressure creeping in coming two days then
exit from this maths idea.
This is just time cycle zone, so levels has no meaning.
But will provide levels in live markets incase numbers are playing their maths
**Levels plotted on chart are Nifty_levels_to_watch_for_06Mar2017
Please keep on booking profits.
This idea may take 1 day more to develop.
Market can start behaving like apprehension in idea by 9 or 10 Mar
Date has arrived, and market has showing and behaving likewise as expected.
Mar 09 2017,BANKNIFTY30Mar17_0XX,20699.9,20787.7,20588.1,20756.6,20648.9,20650.9,20673.75,20833.3,20834.95,20857.45