Sunday, June 5

Nifty Weekly Forecast before RBI Policy

Last Week we gave Chopad Levels  of 8181, Nifty  had a very choppy week and whipsawed Chopad followers after long time, Always remember the golden rule  IF SL gets triggered 2 times in a day No further trade. Capital Preservation is most important for trader.  Nifty made high of 8262 which was our 1 target of Buy.  Lets analyses how to trade nifty in coming week as we have RBI Policy and gann crucial turn date also coming up.

Nifty Hourly Chart

NIFTY - Pyrapoint
As discussed in Last Analysis Hourly chart as per pyrapoint has support at 8120 and resistance at 8250.
Low made was 8134 and High made was 8262 both within the pyrapoint range. Now for coming week Close

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