Above posted is last 3 months chart for Nifty Future
For Nifty Future this week (i.e 30/10 – 4/11)
Trend Decider Levels are 8700 & 8545
Nifty 5th top line connecting around 8700,
Means……. stop of 8700 for shorts !!! yess
So if breaks & Closes above 8700….
Then will try to move 8750 & 8840 levels!!
Nifty down side have strong supports at around 8505-8545
Suppose if it does not takes support……….
then will slide up to 8420 & 8330 levels
So I recommend, traders must keep close eye on 8700 & 8545!!!