Sunday, July 13

Nifty gets into correction mode, Weekly Analysis

Last Week we gave Chopad level of 7766, Nifty did all 4 target on downside rewarding trend follower with 300 points. Using the Golden Ratio we were able to predict the Top of Nifty around 7800 Can Nifty form short term top around 7800 ?  Nifty saw a decline of 3.8% last week panicking traders and investor and many of them talking bull run is over , So  Lets analyze how to trade Nifty in next week.

 Nifty Hourly Chart

nifty hourly
 
 
Hourly charts shows strong support in range of ...


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