Nifty Weekly Chart Analysis
Last week we gave Nifty Chopad level of 7966 and
Nifty did 2 target of downside rewarding chopad followers by 151
points. Nifty witnessed a volatile week due to wild swings seen in
global markets.Next week 7784 needs to be closely watched any close
below it can see a sharp decline to 7655. Lets see how to trade market
next week. 15 October is again a trading holiday.
Nifty Hourly charts 21/34 EMA have gone flat, trendline support exists @ 7784/7800 range, Bulls will get active above 7972 for initial target of 8100 and 8175.Bears will get active below 7784 for target of 7725/7655.
Hourly EW is showing correction can be seen till ..
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Nifty Hourly Chart
Nifty Hourly charts 21/34 EMA have gone flat, trendline support exists @ 7784/7800 range, Bulls will get active above 7972 for initial target of 8100 and 8175.Bears will get active below 7784 for target of 7725/7655.
Nifty Hourly Elliot Wave Chart
Hourly EW is showing correction can be seen till ..
posted by Bramesh at
2:01 PM
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