Bulls and Bear will Fight for 8888, Nifty Weekly Analysis

Last week we gave Chopad Levels  of 8556 Nifty did 3 target  on upside. Bulls are on rampage on Dalal Street, catching many traders on wrong foot and rewarding discipline and trend follower handsomely.  Lets see how to trade nifty in coming week.

 Nifty Hourly Chart

Nifty Hourly charts has broken above the trendline resistance signalling move towards new high, Any correction new the trendline support will give a good opportunity to go long.

 Nifty Hourly Elliot Wave Chart

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