September 9, 2015

NIFTY futures intraday charts

- after nice move yesterday, markets open gap up today
- rangebound trading throughout the day
- nothing to do.

Hourly charts show resistance at 7870 and support at 7720 F.

Good chances of inverted H&S developing if markets retest support at 7700 and then breakout. Target in this case 8200.

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