NIFTY is experiencing the anticipated rebound, which began on Monday. This upward momentum is likely to persist for a few more days, provided the spot price remains above the 23,800-24,000 range. Resistance levels are at 24,510 and 24,800.”
Significant cycle dates for NIFTY are due on November 8th and 11th. Expect a strong price reaction around these dates.
Once this rebound ends we would expect further lower lows on NIFTY and overall market.”
U.S. Markets: A Post-Election Outlook.”
Regardless of current futures trends, we still anticipate lower lows for the S&P 500 once the election euphoria subsides and the FOMC meeting concludes. The next major cycle dates for U.S. markets are November 11th and 14th.”
What may seem insignificant now could make a lot of sense in next few weeks.”
gann,insides 