Nifty Weekly Forecast before Oct RBI Policy

Last Week we gave Chopad Levels  of 8851, Nifty opened with gap down and traders were not able to initiate trade as per Chopad levels, Aggressive traders who shorted below chopad levels should have been rewarded. We have mentioned  last week we are entering a crucial week as per gann analysis as the effect was seen as Nifty corrected by 220 points highest from the bottom made on Feb 2015.

Posted in: Technical Analysis