NIFTY - Expiry week, beware of volatality.

• As mentioned earlier, there can be a throw back, which will be good buying opportunity.
• Weekly pivot - 5211.38, Support - 5152.68. If weekly closing is below 5152.68, it can be a concern for the bulls. But any correction upto 5042.67 can be a very good buying opportunity.
• 5309.21 can be a very strong resistance for this week. Above this, nifty can be very very bullish.
• There can be gap down on Monday at 5216.39 level.
• Expiry can be between 5150 to 5200.
  

Nifty goes beyond 5184 !

Today nifty escapes the narrow range ! Thanks to Reliance. Reliance also crossed its one of the resistance near 1050 level. Nifty peaking out of the rising wedge. There can be a throw back, which will be a good buying opportunity for the left outs.

Nifty can test 4325

NIFTY - 5min, hourly, eod, weekly, fibonacci level charts.