Monday, June 29, 2015

Nifty Chart

Nifty positive breakout line support almost 100 points down from here. 8296.

This will act as a trend support as of now on closing basis.
Closing basis Trend resistance above 8430 on closing basis.

World market already in red, so GAP down will not unavoidable.
Sustainability of actual trend will hold once it holds trend support
Otherwise the swing 7940-8423's 23.6% at 8312 act as a a GAP down

wait and watch

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