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Limits given

1. Option Intraday limit of 1+1 I.e if your balance is 10000 ,option 20000 worth can buy option and clear it by 3.15 pm...

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Tuesday 20 October 2015

NIFTY 20-OCT 2015 ANALYSIS..CAUTION-MAY TOP NEAR 8362 AND WILL FALL UPTO 8000

AFTER GREAT SUCCESS OF OLD POST WHERE BOTTOM AT 7575 PREDICTED AND THEN THIS MUCH 700 POINTS ALMOST CAME WHO HAS GONE THROUGH POST, NOW BELOW IS FURTHER ANALYSIS-
Wave pattern suggest we are in 5-3-v and will end near 8360 but 200 ema at 8286 spot is creating lot of trouble to move up and 2 back to back doji says top is near......THIS ENTIRE 5 CAN ALSO BE 5-I formation as since it is bigger wave so cant be so much small..current is smaller part 1 going on.
This pattern is inverse head and shoulder where retrace goes up to 8361 to 8391 spot where upper sloping trendline will also give resistance....200 ema at 8286 is giving tough fight and back to back doji is suggesting short term top where fall upto 8000 spot might come....so be careful at these levels......



This is old shark pattern that we give everytime on blog..it has 8330 as next resistance

This is chart through which we predicted famous bottom as 7575 last month...so this pattern on month onn month basis will give 8800 in coming months...as wave 5 completes fully as said above



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