Projected Bearish CYPHER, Completion Point"D" = 9652.45 As mentioned (earlier Post) NIFTY Traded Range Bound 9584.65 to 9617.65 after 10.45 AM to 3.15 PM. Try to Break 9618 Level in last 15 min, But failed to do so.
Projected NIFTY Spot For 04th JULY '17 Expected TRADING Range 43 to 78 Point To maintained UP Trend, Stay above HURDLE Zone #1 is Important. HURDLE Zone #1 : 9643 - 9652 HURDLE Zone #2 : 9696 - 9704 RANGE Bound Zone: 9599 - 9632 BOUNCE Zone #1 : 9589 - 9581 BOUNCE Zone #2 : 9536 - 9528
Strong if Stay Above 9632.4 for 30 Min. WEAK if Stay Below 9599 for 30 Min. Extreme RESISTANCE: 9723 Extreme SUPPORT: 9509
For Future TRADERS: Strong if Stay Above 9644 for 30 Min. HURDLE Zone #1 : 9654 - 9663 HURDLE Zone #2 : 9708 - 9716
WEAK if Stay Below 9611 for 30 Min. BOUNCE Zone #1 : 9601 - 9592 BOUNCE Zone #2 : 9548 - 9539
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Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
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OPEN: 9645.90 within HURDLE Zone #1(mentioned Lower level 9643) HIGH: 9649.8 within HURDLE Zone #1 (mentioned Upper level 9652) LOW: 9601, mentioned "WEAK if Stay Below 9599 for 30 Min"
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SUMMERY of Today's NIFTY #1. Trading Range Expectation Was 43 to 78 Point. after Close it was: 9649.8 - 9595.8 = 54 point. #2. Possibility to touch 9652.45 to complete "Bearish CYPHER" Pattern. Made a High 9649.8 #3. Attempts 3 times to cross HZ #1 but failed, at the same Time in One Instance move to "Weak Below level, but Smart Bounce to Trading Range. REST in Viewers EYE.
NIFTY : What NEXT on 05th JULY 2017, will be Published Shortly.