Nifty Weekly Forecast for 15-19 JUne
Last week we gave Chopad Levels
of 8156 ,Nifty made high of 8163 and did 2 target on downside rewarded
Chopad followers . Lets analyze how to trade market in coming week.
As discussed last week Break of 8057 can see move towards 8016/7961 odd levels. Nifty Hourly charts with gann angles are drawn,Nifty broke the @16x1 gann line and resistance will be @8x1 @8056. Also Bull Power indicator is crossing the median line which if sustained can see relief rally coming in market till 8147/8290 odd levels.
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Nifty Hourly Chart
As discussed last week Break of 8057 can see move towards 8016/7961 odd levels. Nifty Hourly charts with gann angles are drawn,Nifty broke the @16x1 gann line and resistance will be @8x1 @8056. Also Bull Power indicator is crossing the median line which if sustained can see relief rally coming in market till 8147/8290 odd levels.
Nifty Hourly Elliot Wave Chart
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posted by Bramesh at
6:39 PM
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