November 7, 2014

Weekend update

Trend is up and will reverse on close below 7700.

Any correction from here will likely form a higher swing low (ideally around 7800 or above).

Option writing points to support at 8000 (NOV series).

Hourly charts: reversal level is 8290 spot.



EOD charts:


Weekly charts:  trend is up and will reverse on close below 7700 spot.



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