Sunday, January 17

Nifty breaks 7500, Weekly Analysis

Last Week we gave Chopad Levels  of 7555 , Nifty opened gap down below chopad levels and made low of 7494 before bouncing back near 1 target of 7605,  Shorts  Intitated on Tuesday were rewarded with  2 target done by Tuesday only.Lets analyses how to trade nifty next week.

Traders should work on New Year resolutions and use the below 2 post for planning a successful and profitable 2016.
 Traders’ Resolutions for New Year-2016 
New Year Resolutions for Trading Success

Nifty Hourly Chart


NIFTY - PyrapointAs discussed in last analysis Break of 315 @7551 can see fast move till 7430.
Nifty moved perfectly in pyrapoint angles

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