Hi Friends,
Bearish Engulf on Top of the move,
After forming bottom @ 7500-7550 on 8-Sep, From 7550 Nifty touch 8300 (10%), Now its taking resistance of 8330 - 8360 and 200DMA is @ 8378-8380 which will be crucial levels for Nifty.
Nifty gave 10% upside movement since sep-2015, now on charts a stop is seen @ 8300 - 8330, A successive break below 8250 & 8200 will lead Nifty to 8130 - 8090 levels.
Active traders - trade with strict stoploss and Investors just grab this opportunity for creating wealth.
Will be positing soon.
Bearish Engulf on Top of the move,
After forming bottom @ 7500-7550 on 8-Sep, From 7550 Nifty touch 8300 (10%), Now its taking resistance of 8330 - 8360 and 200DMA is @ 8378-8380 which will be crucial levels for Nifty.
Nifty gave 10% upside movement since sep-2015, now on charts a stop is seen @ 8300 - 8330, A successive break below 8250 & 8200 will lead Nifty to 8130 - 8090 levels.
Active traders - trade with strict stoploss and Investors just grab this opportunity for creating wealth.
Will be positing soon.
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