NIFTY UPDATE

NIFTY. Moving only on 1 direction all levels are just crossed without much effort. This is an interesting phase of this bull market. Personally learnt alot would definitely use the experience going forward. In past week around 17900 had to change view after price pattern gave fresh breakout. Dint expected a 600 points rally in less than a week. But need to accept it and respect markets. Major supports have shifted higher but way lower from current levels. 18100 to 18200 is a strong support as of now. 18700 could act as a strong resistance going ahead. Once that breaks 18900 and 19100 would be on cards. On time front 19th Oct, 26th Oct, and 29th Oct would be important vibration dates for rest of this month.

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