Wednesday 11 May 2016

Super Trend Returns!!!

Market update : 
After a sharp negative opening, Nifty took support of Super Trend on hourly charts. Same happened on 11th May daily charts and we saw Nifty zooming by more then 100 points next day.
A sustainable move above 7890 - 7900 will lead Nifty to touch 7960 - 8000 mark in coming days with supports @ 7800 - 7770 levels.
Regards,
Mayur, S.

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