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 31st 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 are two patterns and, both are bullish in a slow moving way. Still in the market is not going to be suspicious but even if nifty break 8140 below, we might start selling…!
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