Monday, August 22, 2016

8650 & 8685 - Resistance

Dear All,

>>> Nifty Hourly Chart - Posted on Weekly Review <<<

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

Wrote on Weekly Review - about the importance of the trend line on hourly chart.

>>> Nifty hourly Chart - Happened <<<

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

Price broken a 3 month old support or trend line, Price if breaks next support levels like 8580,8540 & 8520 - Bear may take full control.

>>> Bank Nifty Hourly Chart <<<

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

Price should get support @ 19250,19130 & 19030 for next level of rally. Resistance @ 19440 & 19490. Cheers!!!