I mentioned two lvls ,in the morning,,,,,and said that a decisive breach and close below 4860 will favour bears.and support was 4817...nifty made low of 4807 and bounced to cross 4860 again.
weekly charts looks weak, still, with a weak close today.and todays daily charts recovery NEEDS A STRONG FOLLOW-UP....which to me seems tobe quite difficult.
lets see , how market develops further.4860 remains still to be the most important lvl to watch in coming days.
watch nifty with my system on 5 minute charts.
3 comments:
Hi Bhavesh
You alerted about 4860.
Good levels to watch out.Keep up the good work.
Best regards
My hni and sub brokers are subscriber of ur advisory service.Only 2 wrong call in 2 months.I amazed how an analyst u are?Genius work naik ji keep it up.
Now at what level do you expect shorting will be better, I think tomorrow some weakness may prevail in nifty
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