Sunday, January 18

Nifty ready to march towards new high,weekly analysis

Last week we gave Chopad Levels  of 8286 Nifty did 3 target  on upside and 1 target on downside. Watch out For ECB, World Economic Forum & China GDP for coming week, expect big round of volatility. Lets see how to trade nifty in coming week.

 Nifty Hourly Chart

nifty hourly
Nifty Hourly charts has broken above the trendline resistance signalling move towards new high, Any correction new the trendline support will give a good opportunity to go long.

 Nifty Hourly Elliot Wave Chart

Nifty Hourly EW

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