Nifty going for big one ?? Just waiting for a technical bounce to fall more n more .......No bottom visible yet ...lets wait n watch
...... a Doji is formed on candlestick pattern for sure but it needs a consecutive white candle to confirm the Morning Star .......Even 16 th sep a Doji was formed .......but didnt gave its effect , Nifty gave upward rally only after hammer was created on 18 th sept ..........So nothing confirmed yet , But I am also expecting a bounce at this stage....Better to wait n watch for time being

For Intraday trading on 6 th Oct , Nifty may find support around 3805 - 3770 level , breaching of this level may take Nifty to 3750 n then to test previous low of 3715 . The major support comes at 3666 and 3636 which is 200 week EMA .Where a dead cat bounce is expected . On the higher side 3850 then 3880 , breaching of both may take Nifty to 3920 from where fresh shorting can be again seen