Nifty Weekly forecast for 12-16 Jan
Last week we gave Chopad Levels
of 8416 Nifty triggered SL on upside and than rewarded discipline
traders with 202 points. Lets analyze how to trade Nifty in coming
week.
Nifty Hourly charts moved between both support and resistance line in previous week and is trading above its 21/34 HEMA.8231/8242 is the support zone holding the same nifty can move towards 8400/8450 levels.
Elliot wave chart on Hourly is shown above suggesting..
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Nifty Hourly Chart
Nifty Hourly charts moved between both support and resistance line in previous week and is trading above its 21/34 HEMA.8231/8242 is the support zone holding the same nifty can move towards 8400/8450 levels.
Nifty Hourly Elliot Wave Chart
Elliot wave chart on Hourly is shown above suggesting..
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