Nifty Weekly Forecast for 15-19 September
Last week we gave Nifty Chopad level of 8107 and
Nifty did 1 target on downside in choppy week of trading as weekly
range was just 123 points, Lets analyze how to trade in coming week.
Nifty Hourly charts trading in channel and also seeing an convergence of 21/34 ema suggesting a range expansion will happen in coming week. Holding 8050 bounce back can be seen till 8200/8240,Break of 8050 will see a pullback till 7950.
Hourly EW is showing if 8128 is not crossed correction tilll 7984.
Nifty Daily Chart
Nifty daily chart bias has turned from bullish to neutral..
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Nifty Hourly Chart
Nifty Hourly charts trading in channel and also seeing an convergence of 21/34 ema suggesting a range expansion will happen in coming week. Holding 8050 bounce back can be seen till 8200/8240,Break of 8050 will see a pullback till 7950.
Nifty Hourly Elliot Wave Chart
Hourly EW is showing if 8128 is not crossed correction tilll 7984.
Nifty Daily Chart
Nifty daily chart bias has turned from bullish to neutral..
posted by Bramesh at
7:04 PM
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