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Thursday, January 12, 2017

8435-8440 May Resist.

Dear All,

>>> Nifty Daily Chart <<<

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

On Daily Chart - Price tested an important retrace resistance @ 61.8% today.

>>> Nifty Hourly Chart <<<

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

As discussed earlier - Price moving as "abcde" on hourly for its last leg of rally. May resist near 8435-40.