Monday 29 August 2016

Will Nifty rise towards 8700 again to complete shark pattern,EOD Analysis

As discussed in Yesterday Analysis   Bulls above 8723 can see move till 8851/8900, bears below 8577 can see move till 8520/8484. Its been 24 days we have traded in range of 204 points 8517-8721,Low made today was 8547 and close below near our important gann level of 8577 , suggesting bears are having upper hand after long time. Nifty can fall below 8520/8484.  Nifty made low of 8544 and

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