Nifty Weekly Forecast for December 2016 Expiry

Last Week we gave Chopad Levels  of 8156, Nifty made High of 8132 on Monday giving Opportunity for Chopad Followers to Enter short trade a bit risky one as It did not touch the exact level of 8156 but rewards were also very good as it did the 3 target of 7972  thus rewarding Chopad Followers with Christmas and New Year gift :) Wishing Everyone a Merry Christmas  As we approach the last trading week of 2016 Lets analyze how to trade nifty in coming week. I sincerely Hope the Weekly Chopad levels have helped in your trading in 2016 and helped you becoming a profitable trader.

Nifty Hourly Chart

As discussed in last analysis  Bulls are backend till

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