For FREE members : 28 January 2015 :
There is room for further upside , this upside rally took 28 days for 964 points while previous rally took 33 days for 904 points. However as per volume analysis, there should be some consolidation at this point. One can take positional trade as per major levels. Weakness in nifty will start after trading below 8795 till then trade in nifty future as per intraday level given . Major support levels on closing basis are 8795-8530-8420-8230-8070 and major resistance levels on the closing basis are 8900-9030-9190.
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Nifty option pain analysis:
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For premium members : 28 January 2015 :
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