Now what next....
Nifty Future can fall from here or can go up side little bit more.
Nearest up side resistances are at 5875-5877-5918-5920.
Expecting NF can revers from current level or from any of the up side resistance level.
If NF trade Below 5861 and 5859, then fall can start.
nearest supports are at 5850-5840, and below this another supporting zone is at 5830-5828.
IF NF can break 5828 and can trade below 5807-5800, then definitely fall will start.
And down side expecting NF can break 200 Day Ema this time.
Bears group can get power from currency side also, because Euro/Usd is trading at much higher level and it is at highly Over Bought zone and can start fall any time.
Dow Future is also trading at much higher levels as of now i am writing this post, and thinking will it sustain at this highly Over Bought zone.It also can start fall any time.
Same thing is also with the Europe Indices(Dax,FTSE,CAC).
So Will NF can sustain above 5900 if it can cross 5900 tomorrow???
So what next...just wait and watch......
All levels and charts are for my own trading purpose and targets and supports and resistances. Others can use it for educational purpose.
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