Thursday, May 14, 2015

Nifty Chart

Breakout with a support 8197 for TRADEand 8138-8132 for TREND
First LOWER top resistance coincide with 38.2% of the swing at 8315-8321

Breakout TARGET 8492 implies,this swing willrun upto 8521,
61.8% of the swing 8844-7997

8325 is a key for further move for +200

wait and watch

This volatility is only because of the oscillators in HOURLY chart in OBZ
and OSZ in DAILY chart

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