Nifty Weekly Technical Analysis
Last Week we gave Chopad level of 6711,
Nifty did 1 target on Downside and 2 on upside. Next week being a
Holiday Shortened week, will start with Infosys result and WPI inflation
data for March 2014 at 12 noon on 15 April and CPI inflation data for
March 2014 also on 15 April at 17:00 IST. Lets analyze how to trade
Nifty for next 3 trading sessions.
Nifty Hourly charts has closed above its 50 HDMA, which is bullish in short term.Any close above 6820 will bring back bullishness in market.Breaking 6640 will only bring bears in market.
Nifty Daily Chart
On daily charts, nifty is trading near its up
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Nifty Hourly Chart
Nifty Hourly charts has closed above its 50 HDMA, which is bullish in short term.Any close above 6820 will bring back bullishness in market.Breaking 6640 will only bring bears in market.
Nifty Daily Chart
On daily charts, nifty is trading near its up
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