Nifty view for 17-21November

As told you all earlier last week,that market uptrend was a bull trap and all those who made long positions were trapped badly. And nifty crashed from 3160 to 2778 last week,almost 400 point on nifty.

In current scenario,nifty is having major support at 2740-2680,if nifty breaks these levels we can see more downside with panic selling. So this level must be watched for all long positions. However if nifty doesnot breaches 2680,then we can see a pullback on nifty again.

Below 2680 level,if nifty sustained then we can see nifty making new lows in coming days. One must not leverage positions in curent market,intraday trading is the best thing to be done these days and that too with the strategy of booking small profits on whenever-whatever basis. Greediness will result in lossd in current market.

Nifty levels for this week-
Resistance- 2880-2950-3030-3170
Support- 2740-2680-2565-2470

Nifty levels given above are majot levels,however there are many intermediate levels also,which will be given if we are online during market hours.

MULTIBAGGER CALL: Buy Kwality Dairy @25.25 , hold it for 1 year and get 10-40times gain. Buy minimum 1000-2000 qty, those have capital can buy in huge quantity also.

Note-We wont be available online regularly this week, however PREMIUM MEMBERS,will get all the calls and support as they were getting earlier.

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