Sunday, January 24

Nifty forms Weekly DOJI,Weekly Analysis

Last Week we gave Chopad Levels  of 7376 , Nifty gave short entery on Monday which got stopped out on Tuesday, and Traders were able to Intitate long which moved till 1 Tgt of 7457 High made was 7462. Shorts were again triggered on Wednesday Open and Did 2 target on downside @7450, Low made was 7241. So Both High and Low was made near our Chopad levels. Lets analyses how to trade nifty next week as we have Trading Holiday on Tuesday on Account of Republic Day.

Traders should work on New Year resolutions and use the below 2 post for planning a successful and profitable 2016.
 Traders’ Resolutions for New Year-2016 
New Year Resolutions for Trading Success

Nifty Hourly Chart

nifty hourly
As discussed in last analysis Break
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