Friday, July 10, 2015

Nifty Chart

Trade support      8305-8298
Trend support      8250-8247

Trade resistance  8363-8370
Trend resistance 8404-8409

Bullish pattern violated.  closed below the positive breakout neck line.
Now trend will change only after 8400+ on closing basis.

Key level to watch for down side 8298 on closing basis.
Closed below will lead nifty towards 8200 Zone.

Wait and watch Greece bailout package without exit from EURO Zone
will help nifty to break the resistance or not.

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