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Sellers have high probability on nifty index as per technical indications

Posted: 16 Jan 2018 11:40 PM PST

Sellers have high probability on nifty index as per technical indications, therefore PUT of nifty jan. 2018 can buy 21-25 for targets 37 to 41 and after possibility for positional targets as 66-79 in 3-5 tradings days.

Concluded by cycle analysis, it may come 180-300 points fall nifty in period short of time. In the above chart, “measured broad cycle size” is showing that it can fall and also observed all recently fall are same size as mentioned by box. Fall is not not far so, be careful if you’re in long side.

MA 10
MA 30
MA 50

On 18th January 2018, China will declare quarterly GDP which historical GDP of china plotted on nifty for understanding affect of it.

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