Ultimate Target ,5309-5566 (Complete correction from High of 6336 to 2228 )
Have a eye on 5168-5208 level.(Unexpected Buying above 5208 will start ,it will have to close above this level for 3 consecutive days …then 5327-5367 )
-On 3rd December kissed 5191 & on 11th December kissed 5188.(So why to trade blindly and bark )..it should cross 5208 level.
-Not crossed and see from 5191-5188 crashed to 4937 as expected.(My lower tgt were 4900-4876 )
Yesterday written above 4953 will kiss 4983-5016-5023 level.(It kissed 4999 in last moment of trade )
Now ,What to expect ?
Today ,Just watch 5016 level.Decisive crossover with volumes +Trade above this level for 5/10 minutes will create allound buying(Short covering )
-Will zoom to kiss 5063-5079 level.
Support exist at 4965-4950.
-Yesterday as expected Bank Nifty /Bank Stocks were on fire.
-ZEE ,SUN TV exploded.
-I forecasted fall in Steel stocks ,but unexpected upmove was there.(No worry because without levels we dont trade )
Have a eye on 5168-5208 level.(Unexpected Buying above 5208 will start ,it will have to close above this level for 3 consecutive days …then 5327-5367 )
-On 3rd December kissed 5191 & on 11th December kissed 5188.(So why to trade blindly and bark )..it should cross 5208 level.
-Not crossed and see from 5191-5188 crashed to 4937 as expected.(My lower tgt were 4900-4876 )
Yesterday written above 4953 will kiss 4983-5016-5023 level.(It kissed 4999 in last moment of trade )
Now ,What to expect ?
Today ,Just watch 5016 level.Decisive crossover with volumes +Trade above this level for 5/10 minutes will create allound buying(Short covering )
-Will zoom to kiss 5063-5079 level.
Support exist at 4965-4950.
-Yesterday as expected Bank Nifty /Bank Stocks were on fire.
-ZEE ,SUN TV exploded.
-I forecasted fall in Steel stocks ,but unexpected upmove was there.(No worry because without levels we dont trade )
