Nifty follow UP
FROM 11/11/14 I am in LONG
Friday, November 21, 2014
Monday, November 17, 2014
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Nifty Chart
Monthly and Hourly chart Analysis
Trade Support 8359-8356 and Resistance 8395-8403
Trend Support 8334-8329 and Resistance 8463-8469
Negative breakout resistance on hourly basis at 8395-8403
once close above this level then short covering upto 8463-8469
Every Oscillators are in OSZ. But trend is still +ve
So expected some sideways move.
As per Elliott Wave 138.2% / 127.5% are some
profit booking in GRAND Super Cycle .
So 138.2% of the Trend move 279-6357 @ 8678
So maximum possibilities for current swing is at 8678.
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