May continue to consolidate for a few days before up move, which may start in early September.
Nifty will open gapup standing @ gann 90 degree angle
Came back recently from resistance at 165.40. There will be an attempt to break the resistance within 7th September. If it happens, there will be break out.
Buy above 4100 for 15,40,70++ Sell below 4065 for 15,40,70++ Can comment or ping me for any query All views for Educational purpose, Trade at your own risk
If it manages to close above 197.50 tomorrow and remains bullish for a couple of days, target will be 246 by Sep end.
Nifty may peak to 11554 on 26th August. In extreme bullishness nifty may test 11970 on 3rd September. Tomorrow resistance at 11473, target 11558. Support 11393, strong support 11259. Sizable call winding is seen at 11400 and 11300. Seems the trend is northwards.