Monday, October 24, 2016

NIFTY - AIMING FOR NEW HIGH ON DIWALI

Hi Friends,

It's been a long time I have posted on Nifty. As mentioned in my previous post Nifty remained in prolonged Correction over last few weeks. After testing 8969 Nifty corrected to 8506. After testing major support near 8500 Nifty bounced back sharply above 8700 and formed a Hammer on Weekly Chart. This is an indication of a possible Rise in Nifty in near term future.

For detailed Analysis and Chart you may visit below link

http://trend-o-nomics.blogspot.in/2016/10/nifty-aiming-for-new-high-on-diwali.html

Thanks & Regards,

Harsh Dixit.

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