Nifty Daily Chart
Nifty for the Fifth time has been unable to cross and close above 5169 and Still trading between Sideways range of 5010-5162. Will Expiry day will lead to Resolution of trading
range and a Green Diwali to Bears
Lets first look at Which side will have maximum pain in October Series
Nifty High October Series :5162
Nifty Low for October Series:4728
Middle Points of October Series: 4945(5162+4728/2)
Range:434 Points
So Below 4945 Bulls are ...
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Rgds,
Bramesh
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http://www.brameshtechanalysis.com/
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