FOLLOW THE NUMBERS ON CHART AS FOLLOWS
1 - GAP LEFT TWICE, IN CASE OF A MAJOR CORRECTION 9600 APPROX WILL ACT AS IMMEDIATE SUPPORT.
2 - IMMEDIATE RESISTANCE FACED BY NIFTY WHICH IT MIGHT OVERCOME BY GAP UP OPENING TOMORROW. IF NOT GAP UP EXPECT THE GAP TO BE FILLED SOON.
3 - NEXT RESISTANCE LEVEL IS OF AROUND 10500 LEVEL WHICH ALSO HAPPEN TO BE 0.618 LEVEL OF FIBONACCI SERIES. MARKET CAN MAKE SHARP CORRECTION FROM THERE.
1 - GAP LEFT TWICE, IN CASE OF A MAJOR CORRECTION 9600 APPROX WILL ACT AS IMMEDIATE SUPPORT.
2 - IMMEDIATE RESISTANCE FACED BY NIFTY WHICH IT MIGHT OVERCOME BY GAP UP OPENING TOMORROW. IF NOT GAP UP EXPECT THE GAP TO BE FILLED SOON.
3 - NEXT RESISTANCE LEVEL IS OF AROUND 10500 LEVEL WHICH ALSO HAPPEN TO BE 0.618 LEVEL OF FIBONACCI SERIES. MARKET CAN MAKE SHARP CORRECTION FROM THERE.
Comment:
GAP FILLED AS MARKED (1) ONCE THE 10500 MARK IS CROSSED BULLISH RALLY WILL BE CONFIRMED (3)
Trade closed: target reached