March 21, 2015

NIFTY Weekend update

  • Nifty near Multiple support levels
  • Weekly chart just managed to stay above 20 Week SMA.
  • 3rd chart shows price nearing range bottom.
  • For a bigger fall to happen Last chart is crucial. Last chart shows price nearing the rising support line of the broadening pattern. This one has to breakdown for bigger falls to follow.

1 comment:

  1. sir need one info... assume nifty is getting support at 8500 levels....on 31 march ...which call option in april series we can take can any one suggest