while iam expecting some upmove toward 2900-3000 in couple of days, it should be used by traders for positional shorting with prev highs as sl, as according to the bias as posted earlier, nifty is weak and would drift further down. for investors slowly some accumulation may be done on any such big dips.
A falling wedge pattern seen in intraday Nifty Future chart. It is a bullish pattern. If breaks the upper trend line we may move up upto 2900-3000 levels.
Major Resistance at 2767 / 2854 / 2891 / 2977 / 3048 / 3080 / 3105 / 3150.
Major supports at 2636 / 2572 / 2517
last hope - 2517, if break then, stop for trading few days.
4 weeks ago
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sir iam holding 2500 Put@40/- and 3500 call @25/- Nov series...pls advise what shld i do ??
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