Nifty Level

Dear viewers,

Nifty may not cross 5200, please check out the chart and its Weekly chart whenever its reaching 5175 - 5200, we could expect another HUGE selling pressure.

Don't Take any fresh position in nifty. Nifty must be closed above 5200 on weekly basis then only we could expect future upside ( Bull market will start once its closes above 5200 )

We still under Bear market, there is a chance to test 5720 level once again, while testing 5700 , its should not break 5630 .Then we could confirm the correction is completed. we can ensure there is no more down trend. past few days only relief rally ( technical pull back --- double bottom on 4638 ) short covering. if anybody  already short in Nifty HOLD until 52++ on weekly closing basis.