Nifty Future:

Nifty is crucially placed now and is poised to test 5000 level soon.  As Nifty is oversold right now, it can either bounce to 5780 – 5850 from here or Break the last week’s low of 5515 to fall around 5400 and then start bouncing to upper end of channel.

Until Nifty unfolds its direction  to take first move from here, we cannot take a clear call on market.

The interesting fact of the Nifty Movement throughout this Year .. right from January 2013 to till date, every settlement it kept testing the Gann Level of  5935.. Will it test this level in Septemeber Settlement or miss completely this Gann Angle from now on.. Only Time can tell this !!

Good Luck !!