Nifty Weekly Analysis for September 2014 Expiry
Last week we gave Nifty Chopad level of 8114 and Nifty did 3 target on downside and almost did 1 target on upside. Lets analyze how to trade in September Expiry Week.
Nifty Hourly charts made a V shaped recovery from channel bottom now facing resistance in zone of 8130-8150, Closing above it only can see an upmove till 8250 odd levels.
Hourly EW is showing if 8160 is not crossed correction tilll 8015.
Nifty Price Channel
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Nifty Hourly Chart
Nifty Hourly charts made a V shaped recovery from channel bottom now facing resistance in zone of 8130-8150, Closing above it only can see an upmove till 8250 odd levels.
Nifty Hourly Elliot Wave Chart
Hourly EW is showing if 8160 is not crossed correction tilll 8015.
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