Long Term Counts of Nifty
Medium Term Counts of Nifty
Analysis for 16 Sept 2014
Current setup on charts suggest nifty to trade in range of 8000-8100 in next 1-2 sessions. There may be a small bounce tomorrow from present levels followed be slow decline for low. No major upside above 8100 or major downside below 8000 is expected. Overall, Nifty is still bullish for medium term and can show new high soon after completion of this correction.
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