Sunday, May 24

Nifty Weekly Analysis for May F&O Expiry Week

Last week we gave Chopad Levels  of 8286 , Nifty did  3 target on upside  rewarded Chopad followers .   Lets analyze how to trade market in May F&O Expiry week.

Nifty Hourly Chart

nifty hourly
Nifty Hourly charts has broken on upside and above its 21/34 EMA, till 8424  is not broken hourly  trend remains on upside.Resistance at upper side comes @8500

Nifty Hourly Elliot Wave Chart

Nifty Hourly EW
Hourly charts if rising in abc pattern..
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