Sunday, April 12

Nifty Weekly Analysis 13-17 April

Last week we gave Chopad Levels  of 8627 , Nifty did 2 target on upside and missed 3 target by 19 points and got stopped out on downside. We have trading holiday in coming week, IIP data came good and CPI data will be coming on Monday. Lets analyze how to trade market in coming week.

 Nifty Hourly Chart

nifty hourly
Nifty Hourly charts is trading in channel and above its 21/34 EMA, 8730 is 21 EMA should be watched on Monday .8650 is 200 HEMA will decide the market moves going further.

Nifty Hourly Elliot Wave Chart


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