September 19, 2015

NIFTY weekly charts

- NF continues to trade in "falling channel"
- this is bullish WHENEVER it ends
- retest of recent lows is possible
- if this happens, high chances of rally to upper trendline
- overall, look for a range of 7500-8400 for NEXT few weeks
- option writing will give good clues so watch for updates

No comments:

Post a Comment