Nifty Weekly Analysis before Crucial RBI Policy on 2 June

Last week we gave Chopad Levels  of 8499 ,Nifty opened gap down @ 8443 and did  3 target on upside  rewarded Chopad followers .   Lets analyze how to trade market in crucial RBI Policy week. Nifty Hourly Chart Nifty Hourly charts has broken on upside and above its 21/34 EMA, till 8380  is not broken hourly  trend remains on upside.Resistance at upper side comes @8500 Nifty Hourly Elliot

Posted in: Technical Analysis