NIFTY SPOT: TARGET (5150-75) OREACHED. NOW @ CRUCIAL SUPPRT: 5150-75...
==>> AS STATED IN PREVIOUS MAIL, IN BOTH POSSIBLE SCENARIOS (RANGE BREAK & TRIANGLE BREAK) NIFTY SPOT HAS REACHED POSSIBLE TARGET (5150-75) ON WEDNESDAY 7TH MARCH.
==>> NOW IF NIFTY SUSTAINS 5150-75 (VERY CRUCIAL SUPPORT), THEN IT CAN FIRST BOUNCE UPTO 5249/68 AND THEN UPTO 5298-5315.
==>> BREACHING 5298-5315 ON CLOSING BASIS CAN ALLOW NIFTY (SPOT) TO MOVE TOWARDS 5345-5410-5460.
==>> ON THE REVERSE SIDE, BREAKING BELOW 5150-75 ON A CLOSING BASIS IS LIKELY TO FORCE NIFTY TO TANK TOWARDS 5055/90 ---- 4945/89