Tuesday, June 21, 2016

Resistance 8245 & 8270

Dear All,

>>> Nifty Hourly Chart <<<

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

Hourly Chart suggest 8245 as a important resistance. Break below 8213 or 8206 may invite some pressure from bear side. RSI must confirm the trend.

>>> Bank Nifty Hourly Chart <<<

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

RSI confirmed the correction mode, Price yet to break and confirm the triangle - Channel. Cheers!!!