Nifty Forms Hammer on Weekly Time Frame, Weekly Analysis

Last week we gave Chopad Levels  of 8173 , Nifty opened with Huge gap down and did not give any opputunity for Chopad Followers to take entry. Lets analyze how to trade market in coming week. Nifty Hourly EW Chart  Nifty hourly chart as per EW analysis if its moving in abc fashion can see up move till 8277 before next round of downmove. Crossing Fridays high will play crucial role.

Posted in: Technical Analysis