Next week promises to be action packed week as 5 heavy weight SBI,
ONGC, Tata Steel and Coal India comes up with their results.US also goes
down for election on Tuesday. Mahurat trading is only 6 trading session
away and as seen from past
Historical data Nifty tends to give
5-6% move pre or post Mahurat trading session. So accept a 5-6% move in
coming week or after 14 November.
Nifty Hourly Chart

Nifty
Hourly charts have seen a range expansion on downside with nifty range
extending till 5583. Till 5580 is not broken we can see an expansion in
upside range after 5725 is taken off.
Nifty Gaps...
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