>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<Price clearly resisted at the trend line today as shown on above chart. Today's Rally topped out @ 8307 and down nearly 42 Points from the trend line. The Neck Line (2nd Straight Line) may act as a stiff resistance near 8350-60. Cross above these two lines may give strength for bulls.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<RSI break out confirm the PAUSE on Bear fall. High possibilities of testing all three resistances.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<Looks like a double bottom. Price must cross the trend line for a healthy rally. Cheers!!!
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