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Intraday update for a nifty spot with breakout point.

Posted: 04 Nov 2019 08:17 PM PST

After “Price Rotation” on daily chart in last nifty update, we have completely 400 points upward moved. Now uploaded Intraday 30minitues chart for spot nifty.

11900 nearby support as per channel and time-cycle, break this or closing below it with volume at 2 clocks today can see downward move. There is a chance to create (5th) wave of upward from channel support. Buyers will continue above 11900 buying yet, sellers can be active below this level.

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