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Monday, August 29, 2016

Support @ 8540 & 8490

Dear All,

>>> Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Price tested the trend line and made a bounce back. So 8540 & 8490 must break for a correction, Till then market may remain volatile again.

>>> Bank Nifty Hourly Chart - Posted on Weekly Chart <<<

>>> Click the chart to see on full screen <<<

Wrote on Weekly Review - BN support @ 19130 & 19030.

>>> Bank Nifty Hourly Chart - Happened <<<

>>> Click the chart to see on full screen <<<

100 Hma - Supported bulls and 19130 and 19030 continue remain as a good support. Cheers!!!