Nifty Weekly Technical forecast

Last Week Chopad Level of 6207 got triggered on Monday with gap down  and achieved almost 3 target on downside.Nifty corrected 328 points,in just six trading sessions as Both Fed and RBI governor disappointed market. Next week will be very busy, and the scheduled events should contribute to the already growing market volatility. ECB Rate decision on Thursday and On Friday, the January nonfarm payroll report is scheduled to be released which will be closely watched as it will give further idea on Fed taper.

Nifty Hourly Chart

Nifty Hourly charts  has broken below its ..

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