Nifty Weekly Analysis for RBI Policy Week

Last week we gave Chopad Levels  of 7896 , Nifty was volatile last week trading above and below the Chopad levels, Shorts Intitated during first half of week did 1 Target, Longs were rewarded with  first target on Friday. Lets analyze how to trade market in coming week where we have RBI policy,GDP Data and Monthly closing.

Nifty Hourly Chart

Trading in range of 7937-7800, close above 7950 can see in moving towards the supply zone of 8056/8116 in coming week, Support at 7825/7752.

Nifty Harmonic

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