FOR FRIDAY’S TRADING PURPOSE ONE MAY SEE THURSDAY’S HIGH OF 5657 BEING BREACHED BUT IT WILL BE TOUGH TO BREACH THE CRITICAL LEVEL OF 5665. HOWEVER SHOULD NIFTY FUTURE MANAGE TO DECISIVELY BREACH 5665, MEANING IF IT HAS A 30 OR 15 MINUTE CANDLE CLOSING ABOVE IT, THEN ONE WILL SEE SOLID SHORT COVERING TO PROPEL NIFTY FUTURES TOWARDS 5700 LEVELS. IT CAN BE ON ANY DAY IF NIFTY FUTURES DECISIVELY CLOSES ABOVE 5665. SIMILARLY ON THE LOWER SIDE IN CASE NIFTY FUTURE DOES NO HOLD MONDAY 20TH NOV HIGH OF 5616 & SUSTAINS BELOW IT, THEN HERE IS EVERY POSSIBILITY OF NIFTY FUTURE SLIDING MORE & MORE THROUGH OPERATORS’ ACTION TO CONTEST LAST WEEK 17TH NOV FRIDAY’S CLOSING OF 5580 FUTURE LEVELS. THE RISE OF INDIAN MARKETS FOR 2 CONSECUTIVES DAYS MUST HAVE ANGERED
DOW OPERATORS WHO WILL NOT HESITATE TO PULL NIFTY DOWN TOWARDS LOWER LEVELS ON THE LAST DAY OF THIS WEEK.
FOR INTRADAY TRADING PURPOSE ON FRIDAY, EXPECT A FLAT TO WEAKER OPENING TO BE TRIGGERED BY HIGHLY MANIPULATIVE SGX NIFTY BEFORE OPENING OF INDIAN MARKETS. NIFTY FUTURE FINDS INITIAL SUPPORT AROUND 5630 TO 5625 SUSTAINING BELOW WHICH MAY SEE 5615 TO 5610 FUTURE LEVELS. BULLS MUST PROTECT THIS CRITICAL FUTURE ZONE OF 5625 TO 5610 FAILING WHICH ONE MAY SEE 5600 BEING RETESTED OR EVEN BREACHED. SIMILARLY ON THE HIGHER SIDE NIFTY FUTURE NEEDS TO BREACH & SUSTAIN ABOVE THURSDAY’S HIGH OF 5657 TO EYE FOR THE CRITICAL LEVELS OF 5665 ABOVE WHICH OR ABOVE 5670 IT WILL BE BULLS & BULLS ALL AROUND CHASING THE BEARS AWAY TO SEE HIGHER FUTURE LEVELS OF 5677 TO ATTRACT THE DOW OPERATORS AGAIN TO SMASH NIFTY FUTURE DOWN WITH VENGEANCE SO THAT IT CAN NOT LOOK UP TOWARDS THE 5700 EXPIRY CLOSING LEVEL.
DOW OPERATORS WHO WILL NOT HESITATE TO PULL NIFTY DOWN TOWARDS LOWER LEVELS ON THE LAST DAY OF THIS WEEK.
FOR INTRADAY TRADING PURPOSE ON FRIDAY, EXPECT A FLAT TO WEAKER OPENING TO BE TRIGGERED BY HIGHLY MANIPULATIVE SGX NIFTY BEFORE OPENING OF INDIAN MARKETS. NIFTY FUTURE FINDS INITIAL SUPPORT AROUND 5630 TO 5625 SUSTAINING BELOW WHICH MAY SEE 5615 TO 5610 FUTURE LEVELS. BULLS MUST PROTECT THIS CRITICAL FUTURE ZONE OF 5625 TO 5610 FAILING WHICH ONE MAY SEE 5600 BEING RETESTED OR EVEN BREACHED. SIMILARLY ON THE HIGHER SIDE NIFTY FUTURE NEEDS TO BREACH & SUSTAIN ABOVE THURSDAY’S HIGH OF 5657 TO EYE FOR THE CRITICAL LEVELS OF 5665 ABOVE WHICH OR ABOVE 5670 IT WILL BE BULLS & BULLS ALL AROUND CHASING THE BEARS AWAY TO SEE HIGHER FUTURE LEVELS OF 5677 TO ATTRACT THE DOW OPERATORS AGAIN TO SMASH NIFTY FUTURE DOWN WITH VENGEANCE SO THAT IT CAN NOT LOOK UP TOWARDS THE 5700 EXPIRY CLOSING LEVEL.
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