Hello!
As told in earlier post if Nifty hold 4986, it may bounce back till 5204, yesterday Low 4985 (Exact), still we see same today also but now we have revised our Level till 4948 for more Safety.
Resistances : 5024-5050-5080 (Bold Indicates Strong Resistance)
Supports : 5000-4986-4952 (Bold Indicates Strong Support)
Given PreMarket Trade:
Uptrend
Buy around 5008 StopLoss 4984 (Nifty Low 5009.90)
1st Target 5028 (Achieved)
2nd Target 5048 (Achieved)
Nifty High 5054.50
Given Live Trade:
Downtrend
Sell Below 5036 with StopLoss 5056
1st Target 5016 (Achieved)
2nd Target 5008 (Achieved)
And as told Nifty if sustain below 5000 for 2-minutes than 3rd Target 4986-66 (Achieved)
Again, As per our PreMarket Trade:
Downtrend
Sell Below 5001 with StopLoss 5018
1st Target 4986 (Achieved)
2nd Target 4966 (Achieved)
And as told Nifty if sustain below 4960 for 2-minutes than 3rd Target 4942-32. (Almost Achieved) Nifty Low 4937.65
:: Risky Trade given for Risky Traders Only::
Nifty does not seems to break 4960 and will bounce back from this level.
Buy at 4970 with StopLoss 4952 (SL HIT)
1st Target 4990 2nd Target 5012
(We clearly mentioned : Avoid this trade if Nifty breaks 4960)
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