After bumping into a prescribed level, nifty is expected to perform in a certain range. I don’t think this prescribed level more than 8407. So, the more accurate way is to be exposed to this level, its will be something like 8335-8238.
Look at the “weekly chart” for better understand.
Keeping in mind the stoplight, the market is likely to go over the next 3 days. This distance is 200 points remaining to clear by nifty due to this next week.
Check minutely in the daily chart
This call given to Subscribers only!
buying level- 194-196
Target – 204-206
Updated for Subscribers on 31th may, 2016 (Time: 10 o’clock morning)
We don’t think nifty can break 8140 today… so you can take small risk to buy 8155 to 8166 for targets 8245-8264 but SL 8138
Nifty Future Updated 1st June, 2016 (Time 00:15)
There’re two pattern and, both are bullish in slow moving way. Still in the market is not going to be suspicious but even if nifty break 8140 below, we might start selling…!