Nifty Weekly Technical forecast for 10-14 Feb
Last Week Chopad Level of 6102
did not got triggered as Nifty opened gap down, Bulls were able to
protect the 200 DMA on weekly basis and also closing Nifty above 6000.
Next week will be very busy, and the scheduled events should contribute
to the already growing market volatility.
Nifty Hourly charts has taken support above its
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IIP for December on Wednesday, CPI for January on Wednesday and WPI for January on Friday.
Janet
Yellen will testify on the semi-annual monetary policy report in front
of the House Financial Services Committee,on Tuesday will give more Hint
on fed tapering.ECB President Mario Draghi’s will be addressing a
conference on Wednesday and China trade balance data on Wednesday.
Nifty Hourly Chart
Nifty Hourly charts has taken support above its
posted by Bramesh at
10:08 PM
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