NIFTY will take support near 10865-10885 zone. Stoploss 10850. below 10850 then 10750 - 10630 expected
Big move expected above these levels
NIFTY to continue tally if close above 10940 today
IF NIFTY closes above 11104. A probable Inverse H & S Pattern. MAY TAKE NIFTY to 11500-11600 soon
With Sl at day's high. Can expect 10771 - 10623.
IF NIFTY does not trade above 10875 then sharp fall expected downside tgt 10630.
With todays low as Stoploss, NIFTY may rise sharply to higher levels due to expiry
Tgt 1 - 11213 Tgt 2 - 11323 Tgt 3 - 11405 Stoploss - 10980
Around 10600 - 10700 there may be some minor pullback towards 10810 - 10850 maximum. BUT we may see 10250 levels in coming weeks
as long as NIFTY holds this big swing, upward movement is expected to continue till expiry
IF 10960 breached higher chance of 10780 again
NIFTY stuck in a range(triangle) MAKE or BREAK out of range soon