7640 IMPORTANT LEVEL FOR NIFTY

If you go through weekly chart of nifty ,after Jauary-Feb all correction in this market was only up to MOV 11 ,other MOV's too far below from MOV 11 and a Catch up will happens in come days .With News like exposure in Various Bank's in COAL BLOCK CASE  ,Worry about interest rate ,and hang over of BIG IPO's  weighing on world market it will best time for NIFTY to correct and make a base for NEXT BIG MOVE by Diwali .