Nifty Weekly Analysis for Fed Rate Hike Week

Last week we gave Chopad Levels  of 7850 , Nifty opened below  Chopad levels, made high of 7825 and  short Intitated during first  were rewarded with  all three target done by Friday. Nifty made low of 7575 which was near 52 week low of 7539.Lets analyze how to trade market in coming week which will be volatile as FED Rate Hike will keep market on the edge.

Nifty Hourly Chart

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