Wednesday, December 07, 2016

Must Hold 8080, Else May Test 8000 Again

Dear All,

>>> Nifty Hourly Chart <<<

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

Of course again it looks like a Head & Shoulder. So in case if breaks trend line along with 8080, price may test 8000 or previous low 7930 also. If holds, may re bounce and cross above recent high 8250. News Flow and economic events may dictate the trend. Cheers!!!