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 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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