We are going to have another couple of sessions , purely based on the global pressure & likely to get less support from Technical indicators....
In a narrow range, NIFTY has to withstand / consolidate above 8778 , to continue the bull run...!
Else, there will be a quick fall towards 8650 & then to our previous level of 8521.....!
As per our indicators level - still it is showing as long as 8521 is intact, it can make the come back once again towards 8951...!
The past three sessions in US market shows heavy volatility & likely to upset global markets too....! A huge + 3% and - 3% movement....!
Request all of you to have a close watch on the market movement & this is not the time to be idle, if you have positions....!
The next couple of sessions movement will be a key factor....!
Wish you all good luck..1
With kind regards,