Nifty view for November settlement.

• Option writing range 5000-5400.
• Support 4700 resistance 5400.
• Support on long term charts 5200 (a fall below will lead to major fall 4700 and even to lower levels with in months).
• If nifty crosses 5400 then index may rise up to 5750-6100 (but for few months).

For tomorrow: If nifty crosses 5360 for weekly close then bullish else the minor fall comes first.