Sunday, May 31

Nifty Weekly Analysis before Crucial RBI Policy on 2 June

Last week we gave Chopad Levels  of 8499 ,Nifty opened gap down @ 8443 and did  3 target on upside  rewarded Chopad followers .   Lets analyze how to trade market in crucial RBI Policy week.

Nifty Hourly Chart

nifty hourly
Nifty Hourly charts has broken on upside and above its 21/34 EMA, till 8380  is not broken hourly  trend remains on upside.Resistance at upper side comes @8500

Nifty Hourly Elliot Wave Chart

Nifty Hourly EW
Hourly charts if rising in abc pattern 8528  should be logical target.

Nifty Pyrapoint Analysis


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