- From the above chart you can see a double top at 5168 level.The 5168 importance which many of my followers know after breaking above 3150 level
- According to the chart the possible supports exists at 4796 and 4720 levels as expiry is nearer we will see a consolidation above 4800 probably
- Derivative data suggests a huge buildup starting from 4600 to 5200 in both calls and puts.We might witness a voltage volatility this time as quarter end and expiry close
- A stiff resistance placed around 4960.Positive momentum can be expected initially if it holds above 4850 starting today
Best to your trading
