NIFTY MIDCAP SELECT WEEKLY EXPIRY HOURLY GANN LEVELS CHART 29JAN

Midcap Select Index has closed at 10415.95. It is sideways between 10346.30 and 10465.10. We are waiting for Budget clues and after a fantastic run markets are cooling down. We were resisted at the cluster levels of 10562.55 and 10583.95. We have retraced down nearly 150 points from there. Important trend deciding level for expiry is 10405.70. Above which trend is up and below it trend is down. Use the sideways 100 points range for trading by dividing it into 4 parts of 25 points each. So use the levels of 10346.30/10371.35/10396.45/10421.50/10465.10 for expiry trading. Any extension on upside or downside should be traded cautiously for fakeouts if any.
Happy Trading !!!
N.B. Not a Trading Advice. With all usual disclaimers as applicable within the reach of this beautiful trading and analysis platform.