Sunday, November 16

Nifty Weekly Analysis for 17-21 Nov

Last week we gave  Nifty Chopad level of 8355  Nifty we expected correction but market continued its upward journey and moved up 50 points not a major move. Lets analyze how to trade nifty next week.

 Nifty Hourly Chart

nifty hourly
Nifty Hourly charts has meet its trendline resistance @ 8411 unable to cross and break of 21 HEMA @8303 will see a quick fall till 8280 levels , Breaking the same can see deeper cut else bounceback again on cards till 8465/8500 levels.

Nifty Daily Chart

nifty daily
Nifty daily chart is also has formed a series of DOJI's and..

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