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Tuesday, September 02, 2014

Resistance @ 8114 & 8143

Dear All,

>>> NIFTY <<<

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

Wrote Yesterday 6054 as a Resistance - Which crossed today and tested 8101.85. Since the upmove is an extended wave, it looks like nifty may try to reach more resistance on the upper side. We hit a SL of 25 Points today. As per our message given on chart - Nifty crossed once 8090 and closed near to it. Next Resistance at 8114 and 8143.

>>> Bank Nifty <<<

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

16140 was the resistance given yesterday, crossed once and closed @ 16125. Now Next Resistance @ 16290 and 16500. Lets See.

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