Mid Week view.

Nifty Future is now at OB zone in 1h-4h-1d chart....A fall can start from few up side level.

The level which i given in previous post was...5580..a weekly close above this can trigger

a short term bull run....

Now this 5580 level is changed this week and now it is 5591...Above 5591 weekly closing

now can trigger a short term bull run..

But due to heavy OB condition, NF can fall from few up-side level...and thinking it will not close above 5591 in this week.

So from which level, NF can reverse ------

There is some Resistances up-side....

1. A Chanel Resistance in day chart is at ....5591....Its a strong resistance point.

2. Above 5591....5593/5594........5600........5609(200 Day EMA).....These are some important

Ema's in different Time frame.

Fall Below 5536 can trigger panic fall.....Below 5536.....a minor support is at....5452..

I am point out two types of EW count for this fall...if happen....

1.Not posting the chart, one is totally bearish and can fall towards 5000 or below....will chalk

out more, once it confirm..

2. This one is bullish after few fall..and can bounce back from any of these support line...... 5354.....5358.....5364....5369.......Not posting chart but,will post once it confirm.

Lets see...........

All levels and charts are for my own trading purpose, supports,resistances and target. Others can us it educational purpose.