Nifty ready to march towards all time high,weekly analysis

Last week we gave  Nifty Chopad level of 7883 and Nifty did 2 target of upside rewarding chopad followers by 130 points. Next week is very crucial for global markets as we have FOMC Meeting results coming on 30 , Brazil Election results coming tomorrow. We were able to catch the bottom of Nifty as per Nifty signal bottom formation, FII FnO Data Analysis Next week is first week in October month having 5 trading days and October expiry, so trade with extreme caution. Lets analyze how to trade in expiry week.

 Nifty Hourly Chart

Nifty Hourly charts has broken above the trendline resistance now close above

Continue Reading