Alert :: Nifty about to crack
Bears has strong chance to takeover by 14Apr or 17Apr 2017
Time to be Cautious
Maths suggesting exit longs and shift your focus to bearish.
i.e. By 14Apr or 17Apr 2017 NIFTY17APRFUT has strong chance of reversal from around 9330 level
R3 - 9330 Zone
S2 - 9250 Zone
S3 - 9180 Zone
R3 - 9330 Zone is good rollover risk reward area.
Statistically in case this idea do not start reflecting in 4 days on closing basis, then scrap this idea.
Means, in case you do not see any selling pressure creeping in coming 4 days then
exit from this maths idea.
This is NOT a time cycle zone, so levels has much importance.
So probable levels are derived on charts for your reference (Blue)
But will provide levels in live markets incase numbers are playing their maths
Note: *Other Red and Green levels are only for Nifty_levels_to_watch_for_11Apr2017
Stay tuned.
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