Thursday, May 12, 2016

7890, IIP & CPI - to decide Move

Dear All,

>>> Nifty Hourly Chart <<<

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

IIP & Inflation - may give some pressure on nifty again. Above chart shows the pattern and price must hold for a good upmove. Break below the channel may drift the price again. Lets see what's next on tomorrow's move. Cheers!!!