Monday, May 30, 2016

Nifty Chart

Nifty Cash support     levels 8136-8102-8080
Nifty Cash resistance levels 8169-8217-8243

First support/resistance levels are for intra.
Last support/resistance levels are for Positional

 Daily Chart :

+ve divergence histogram of MACD on daily chart just
got buy signal [above 0]

Weekly Chart :

Weekly swing 4531-9119, retracement from 9119
bounced exactly from 50%.   Weekly oscillators got just buy signal.
23.6% of the above mentioned swing at 8036, so, below 8136 will
head towards to this level possible to cool-off of the oscillators
from OBZ to OSZ.  so expected high volatility in this week .

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