Nifty opened gap down at 7838 and registered low 7813 within second after opening but bounced sharply by 50 points from low. Nifty consolidated in 7840-7870 range till 2:00 PM followed by a decline of 45 points again. Finally Nifty closed 17 points down at 7831 after registering low of 7813 and high of 7870.
I my last report, I mentioned Nifty can decline 60-100 points from 7862 or from day’s high without breaking much above 7875-7882. Nifty decline just 50 points from high but without breaking above 7875-7882. Let’s have a fresh look at latest charts.Read more at http://sweeglu.com/nifty-expected-levels-and-targets-for-nov-2015-expiry-day/