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Nifty Expiry Levels for September Series

Most Important qualification of successful Trader is "SILENCE". Keep your own silent counsel – keep your victories and your failures to yourself – learn from them both.You should not go on and keep on Boasting your victories and Sit on sidelines during a string of losses.Just take PL as it comes accept it and continue your journey as a Trader.This virtues do not come automatically to the stock market trader.

Nifty Hourly

Looking at Hourly charts Nifty took support at the lower trend line at 4918 region and bounced from the same. 4905-4920 is the support zone for whole series where Nifty came and bounced back for 5 times. Today is expiry and break of 4905 will lead to gap filling till 4870 levels.

After filling the GAP nifty can give a sharp bounce back till ....

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Rgds,
Bramesh
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http://www.brameshtechanalysis.com/

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