>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
After breaking 8550 - entire pattern changed. As shown on above daily chart, Price may move towards upper channel. Lets see detail on hourly chart too.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Above chart shows - Price has completed Wave (c) or (iii) as resisted @ 8707. If unable to cross may see a correction till 8595, 8528 and 8472. A correction is a buying opportunity and my move towards the upper channel as shown on above daily chart. Cheers!!!
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