Nifty Weekly Analysis for Dec Expiry

Last week we gave  Nifty Chopad level of 8205 Nifty  did 3 target on downside and got stop out on upside ,Nifty after making short term bottom @ 7961 is back above 8200 We have Jharkhad and J&K election results coming on 23 Dec and Expiry on 24 Dec .Lets see how to trade next week.

 Nifty Hourly Chart

Nifty Hourly charts is approaching its trendline resistance @8306 crossing the same the upmove will continue till 8380/8450 else we might see pullback again towards..

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