BANK NIFTY MAKES SHOOTING STAR AT EOD.
TODAY BNS DID 18030 LEVEL BUT UNABLE TO CLOSED ABOVE IT.
BUY ABOVE 18050BNS AND SELL BELOW 17800BNS.
BELOW 17700 WE CAN SEE 17450 LEVEL. ABOVE 18070 WE CAN SEE 18200-18450BNS.
Day: December 28, 2016
NIFTY SPOT LEVEL FOR 29/12/2016
NIFTY DID 8100 AND REACT FROM OB ZONE MAKING SHOOTING STAR AT EOD.
SUPPORT NOW 8022- 7980-7960-7920.
SELL BELOW 8016NS AND BUY ABOVE 8105 NS.
ABOVE 8105 WE CAN SEE 8130 LEVEL.
AS PER EW :
WAVE 1(3) COMPLETED @8100 AND 1(4) IN PROGRESS CAN GO UPTO 8025-8002-7979-7962NS.
BELOW 7960 WE CAN SEE 7920-7905 LEVEL.
IF ABOVE EW IS CORRECT THEN 1(5) MUST GO ABOVE 8101 LEVEL.
NIFTY DAILY CHART SUGGEST 8130 LEVEL AS STRONG RESISTANCE.
BEING EXPIRY DAY LOT OF VOLATILITY WILL BE.