Nifty 14th Oct Outlook with Weekly Views

13 Eki

Nifty pulled back from the lows of 24750 but with a weak bias. Pull back upto 25400 to 25500 is possible within 2 to 3 days but still the range of 25600 is not broken , it is in bear trap. Probability for a second fall from the resistance of 25400 - 25500 is high which may push nifty to retest 24700 to 24800 level and may be further down in coming months.

For tomorrow a short swift pull back can be played upon after 9.45 am to 10 am ( allow nifty to settle down ) taken into consideration international market and news.