My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 9, 2016
Nifty chart analysis
- First chart shows previous support zone acting as resistance. Bigger strength for Bulls only on price crossing this level, To be specific 7600.
- Bears need price to stay below 7351 and 7242 levels for bigger falls to happen.
- Month chart shows possibility of price extending towards the rising support line on breaching 7242 levels.
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