As said nifty didnt surpass the levels of 16800 along with resistance of bank nifty at 36200 and is all set for 15800 and 33200
Technically nifty is set for a swing of 1500 points and bank nifty 3000 points monday onwards witha dual oppurtunity on both long and short trades
Is 14500 and 12900 in sight..? or will reverse from 15800 with base 15500 for 16800
Bank nifty will reverse from 33300 with base 33000 for 36500 or will slip to 29500..?
Sharp fall will be in seen in stocks with call writers in gains on monday
Good oppurtunity to accumulate auto , power , fmcg , pharma , chemical stocks on dips
