Tuesday, April 12, 2016

Next Resistance 7720

Dear All,

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<
In two days - it was a 200 Points Rally. Above chart shows how the Price broken down from the channel and thrown back again to test the channel bottom. If the count I have marked is not wrong, Wave X, then Price may get a stiff resistance from 7720-30, Else Rally may continue above 7720-30. Cheers!!!