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I assure you that Nifty will likely I consolidation 7586 to 7440 if everything same as yesterday. NOTE: this levels is only intraday and maximum next day.
Intraday, traders can enter support area 7437 to the 7448 for targets 7548 to 7567.
I will update live with perfect level.
9:15AM updated: nifty opened at 7436 and low – 7424, therefore we have changed our level for all (subscribers).
Corrected level: support 7412-7424 and target is same as mentioned in chart
Updated: to our free subscribers…
NIFTY is no stranger to me anymore…I understand very well where it’s from and where it’s going.
Well, I’ve updated nifty for you intraday buy level 7440 and SEE now nifty 7500 above…!
My last update about NIFTY pre-market(morning) was an alert to you that it’s at the point of crossing 7500 and will likely end the day at around 7527-7542 (Resistance)… To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
What if I told you that there was target 6832 on February 23, 2016, I was unable to update the next move about upward. In case, I would update, then we can easily predict this bounce in markets. Would you believe me? If your answer is yes, then you guessed right that our targets will be 7233. it is my expectation that the first part of the month will play into this superstitious claptrap. However, once an expected higher low is in place, then a big move to the upside will be witnessed that sees March end impressively in the green.
What is next? We’ve seen, 7235 high of yesterday trading. If bulls are not over and close above 7250 or trade 7280 above! Then we can see next targets 7365 and very soon 7463.
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