Monday 28 October 2019

NIFTY - MONTHLY LEVEL CHART


From my Desk @ 4.33 AM 29/10/2019

I have already posted my monthly level chart in this blog earlier. Now nifty is attempting to move above 11628 for the 3rd time in this series.  You may observe the bottom formation, good up move and consolidation between 11500-11600 and getting ready for an up move.  All numbers are available in this blog if you see my monthly chart posted on September last week.

September expiry closed at 11535 which was well ahead of nifty buy level. October month expiry should happen in a range of 11750-11850. Monthly expiry Close below 11575 is ruled out. 

Nifty range for the day 11584-11699
Bank Nifty                   29350-29700

Good Luck!

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