Wednesday, July 27, 2016

Support @ 8580 & 8540. Resistance @ 8630 & 8660

Dear All,

>>> Nifty Hourly Chart <<<

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

Price need to break again the channel support for a possible correction. Else Price must break above the upper resistance channel for more rally.

>>> BIOCON - Daily chart <<<

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

Assumed as wave 3 completed. If Price extends above 261.8% more rally may come in. Lets wait and See.