- As shown in one hour time frame the Trend is still in favour of Bulls. No weakness seen yet. If the 200 Day SMA does not spoil another High's are possible.
- Daily close need for bulls above 200 SMA.
- Weakness returns in daily time frame below 8218 levels.
- CRUDE Oil violates support levels
January 11, 2017
All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.