Nifty spot has a huge support at 10250 if 10350 breaks in the next couple of days. Nifty may get to 10250 by 13-14th Nov if 10350 breaks on CB. Unlikely that 10250 will also break - but if it does break 10250, then downside is open.
NIFTY 50 - Major Correction every 7th year. Will we have a major correction(6300-5700-4700) towards the end of 2017 & start of 2018, when RSI hits 78-80 levels. Or will it be a minor one only to visit the 9000-8000 levels?
This is only for educational purpose - HSCL has formed a HnS pattern. Target 153, SL- 164 CB.
Disclaimer: This chart is just for educational view. Please use own analysis and discretion before taking any position.