Nifty Weekly Forecast for Feb Expiry

Last Week we gave Chopad Levels  of 8840, Nifty gave Short Entry  on Friday  but no target was achieved. Another Week of consolidation after a massive rally of 1000 points in less than 2 months. Lets Analyze how to trade Nifty in the expiry week.

Nifty Hourly Chart

Hourly chart keep bouncing from the channel bottom as happened in 2 instances in last 2 weeks as shown in above chart ,Now Bulls need a close above 8840 for a move towards 8888/8969/9100.

Nifty Harmonic

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