Yes it should bounce from the 755-60 zone.. but below 750 there is huge deep.. so its better to use highly safety.
Expecting 860-70 in up coming days.. and will take u turn for big move of 725 and below it.
Lets see where it go
Nifty view suggested on chart.. in paste it has exactly taken u turn from top.. which was i expected. and take fir support 11880-900... now it should come again 12000 around.. and fall for 11800..
OR it may directly go to 11800 around also.. there is support. expecting overall market bullish for 12250-300 around.
It may hit 13000 and 10000 both doors open. 5th...
Banknifty>> expecting bounce from 30950 (may be direct 30800) around...
Then it should bounce for 31250-300 zone.. which will drag it 30600-500 zone
Lets see how banknifty Behave
On Big time frame expecting good down side 30,000, 29600
As per chart.. short entry 2210-2220 if any single 1H candle close above the box then we have to exit at cost to cost or below cost.. don't hurry to exit the short in loss..
Our first target will be 2150... second 2130 lets see what happens tomorrow. ;)
Lets see if it break friday's low or not.. everything is depend on it..
IF don't break that 11848.. and close below open price (red candle on monday).. then also game will go in bull side (nifty will take you turn... and Tuesday it makes Green Candle.
We can go long on closing time.. if its move as explained above.