Nifty Technicals forecast for Tuesday 28-April-2015Nifty

Nifty Technicals forecast for Tuesday 28-April-2015

On 27-April-2015, Nifty closed at:8,213.80(-91.45).
for 28-April-2015, more selling in mkts.

Bearish Head and Shoulders Pattern confirmation on Nifty

Bearish Head and Sholders pattern confirmed on nifty. 

Estimated Target.
(High)9100-8300(low)=800 pts from (Breakdown point) 8300-800(difference)=7500 target on Nifty

Estimated Time of Target Arrival/Completion = 4 months from April 30,2015

Posted in: Technical Analysis