April 29, 2016

NIFTY weekly + monthly charts

Weekly charts
- NF trading outside expanding triangle
- no big gains after breakout
- good support around 7500
- break of this support can mean new lows


Monthly charts
- trend is down on monthly charts
- holding above 8000 will be bullish for markets
- excellent support in region 6300-7000


No comments:

Post a Comment

Share this...