NIFTY WEEKLY 11-05-2015 To 15-05-2015
NIFTY Trend Deciding Level : 8225 - 8240
NIFTY RES : 8280 - 8355 - 8400
NIFTY SUP : 8180 - 8115 - 8000.
FOR MORE DETAILS
Contact : b3financialservice.blogspot.in
Nifty opened huge gap up today as expected and traded with strength to rise gradually till day’s high 8332 end of the day. Nifty also achieved our expected minimum targets of 8248-8314 which I mentioned and finally closed 133 points positive at 8325 after registering day’s low of 8225 and high of 8332. Let’s have a look on latest Nifty charts.
Nifty charts are suggesting that a completion of an impulse is near, may be in 8345-8380 range and we can see some decline after completion of this impulse. The decline may be small or big which can be calculated only after seeing progressing waves. Minimum we can expect 23%-38% decline of whole impulse from highest point.
NIFTY Trend Deciding Level : 8225 - 8240
NIFTY RES : 8280 - 8355 - 8400
NIFTY SUP : 8180 - 8115 - 8000.
FOR MORE DETAILS
Contact : b3financialservice.blogspot.in