Nifty moved up from 7630 to 8180 at one go and from there 38.2 % retracement as per fib upto 7925 provided technical support so nifty bounced up.. now well prepared to breach 38 % level as seeing red spinning top at eod chart confirming bucking of momentum you can see nifty trading at 7852 soon if this chart is correct and if bears will take over 7928 easily with volumes ..Nifty will be gud to buy only above 8150 for higher target of 8300 8400 below that sell on rise and book profits at swing lows as we have started at Dhanvarsha .
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Nifty futures high was 8166.40 and calls were like this
admin: Sell NF at / below: 8145 Targets: 8126 – 8104 – 8081 – 8059 Stoploss : 8167
after hitting target 1 ..again advised to sell at 8148 58
after trading below 8110 again advised to sell at 8140 50 and carry home as stbt
expecting expiry at 8000 plus minus 30 as per nifty options OI analysis ..
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Nifty moved up from 7630 to 8180 at one go