Wavozen

7086 Monthly expiry at 18500 level, if nifty touches 18800 (Tue)

Long
Wavozen Updated   
NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
Reason for 18500 plus or minus 70 pts

a) From last two expiry, price is touching weekly high on tuesday. Hence if nifty touches 18800 on Tuesday, there is more chance of nifty expiring on 18500 zone
b) Sine wave is also signifying the same , when last expiry high and low analyzed.
c) forward channel also signifies and strengthening the same data

SL compulsory

Trade closed: target reached:
Today it may touch 18450 level as indicated on nov 18.

but only this is that, it has not gone 18800 level..
Trade closed: target reached:
Closed exactly near 18500

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