Nifty forms Weekly Doji, Is Bottom in place Weekly Forecast

Last week we gave Chopad Levels  of 8221 , Nifty did 2  target on downside  and 2 target on upside  rewarded Chopad followers on both sides.  Few readers have raised a flag stating i give both side views, hope last week move have answered their question why we need to be prepared with both side of market moves  as trading is all about probability and as a trader you need to be prepared for any move. Lets analyze how to trade market in coming week.

Nifty Hourly Chart

Nifty Hourly charts has broken on upside and above its 21/34 EMA, till 8164  is not broken hourly  trend remains on upside. Trend line resistance comes @8375.

Nifty Hourly Elliot Wave Chart

Hourly charts has completed its ABC...

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