A flat day gone.What will be the next day-- again a flat day is waiting??Until and unless Nifty Future can cross above 5970, we should not think about higher levels.
EW pattern?, it is forming a 2nd wave of a big "C" wave , and alternate EW pattern?, sud-wave 4th wave formed, running for last sub-wave 5th wave.
Nearest up side Chanel resistances are at 5914-5933-5935.
Above 5935, can go towards 5947-5951.
Down side nearest supports are at 5898-5887-5880-5870-5867.
Until and unless Nifty Future can break 5843 and 5778, nothing will happen towards down side.
Monday can be a vital day for EW pattern, Closing basis If it can stay flat, then it is in 2nd wave.
Let the market clear its position, then will do more.
All levels and charts and theory pattern are for my own trading purpose and levels are for my own trading targets, resistances and supports. Others can use it for educational purpose.
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