Just like what we had written yesterday nifty crashlanded .
What is ahead ??
Iin case of major gap down, nifty could open as low as 5058.
5044 is strong support zone from where reversal could take nifty to 5115, the confluence support level which will
act as RAVAN resistance level tomorrow.
If 5044 doesn' hold, nifty could fall as low as 5032 and 5000 tomorrow.
Any hope for bulls will arise only if nifty future trades above 5172 tomorrow.
In case of that happening, nift future will move to 5197 and 5225.
NEXT : THE CRACK IN THE WALL
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
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