Yesterday written, Major hurdle at 5147,crossover above this level will take to 5184-5196 levels
And see it kissed 5209 Levels
In Last 3 sessions jump or 160 points,and i m sure no one made profits
Now what to expect ?
(Refresh your memory or search the blog , i had written three consecutive close below 4803 will create another round of panic...but the above process did not initiate)
5245-5283
Before investing keep above levels in mind and then only dare to make your stratergy
Ongoing rally from 4786 will mature or die between these levels.
Watch 5218-5245 as Hurdle.
Fresh sell around 5218-5225-5235 with s/l at 5245
Suppose not crosses Monday's high of 5209 & trades below 5192 with volumes then i see nifty crashing upto 5142-5124 levels.
7DEMA : 5089
