29.9.14 On Friday, Nifty has tested our 1st mentioned target of 7860 and recovered smartly. But Nifty has started making lower tops and lower bottoms on the daily chart thus any bounce back is a selling opportunity. We maintain our next target of 7784, which is 61.80% retracement levels of entire rally from 7540 to 8180. On the upside for immediate term Nifty has lot of resistance in the range of 7960 to 8020. However, the short term resistance remains at 8180. manasjaiswal
Posted on: Mon, 29 Sep 2014 03:45:03 +0000
Trending Topics
Recently Viewed Topics
© 2015