Sunday, July 19

Nifty near Trendline resistance, Weekly Forecast

Last week we gave Chopad Levels  of 8416 , Nifty opened with gap down and show a swift recovery from the lows and gave a long entry to Chopad followers on Monday and did all 3 target on upside. Lets analyze how to trade market in coming week as we have many index heavyweight declaring results.

Nifty Hourly Chart

nifty hourly
 Nifty hourly chart with gann box is shown above, breakout comes above 8665 and support exits near 45 degree gann line around 8570/8560 odd levels.

Nifty Hourly Elliot Wave Chart


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