Friday, November 06, 2015

Nifty Chart

Previous 9119-8269 swing's 138.2% at 7944.  Yesterdays low same.
Nothing to explain.  8019-8034 now Trend decider for further up side.
Highly OSZ slow RSI.  Nifty at support.  Todays +ve move will issue
some +ve divergence in MACD Histogram.

Yesterdays chart [Second]  Triangle break down with neck line 8019
Fibonacci resistance at 8034.

So strong resistance at 8019-8034.

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