Today i m uploading 2 charts 1 for EOD spot, and another for 15 mins intraday nifty fut.
If u look at the spot chart, it shows that nifty is following the trendlines, and since it got supported by the lower trendline and pulled back, it suggest that nifty is bullish and will go on to hit 4530 levels where the black line meets the red line.
If this trend follows, one can short heavily around those levels, i will guide you on that when it happens.
As of now, one can remain long with SL below 4250 spot for a tgt of arnd 4500 spot.
Now for intraday, nifty fut has support at 4310 fut levels, unless that is broken, nifty will be strng.
sustaining above 4355, nifty can hit 4380-4411 fut.
4355 fut will be an imp level for the day, might see some weakness below it.
HOWEVER I DONT EXPECT NIFTY TO BREAK 4303FOR THE DAY.
