Nifty is perfectly following the pattern which we have noticed earlier . it is following 38 days period after which it comes down and then takes some support and moves upward. after 2nd nov it is in uptrend , this uptrend will stop on monday, nifty can go upto 12350-12360, there it will face dotted line resistance . this dotted line is highly volatile in nature . whenever price comes around this trendline , it starts to dance , so around 3 or 4 days we can see some dancing here but after 13 November when all three lines will coincide , some boom boom will happen . of course a down trend is inevitable after 13 nov because 38 days time period will complete its cycle too. it is quite possible that during this period nifty may try to touch 12450 level.