Saturday 21 May 2016

Nifty 50 Weekly Review

Dear All###

As we will now enter the Power Pack Week of Future expiry of Mr.Super Natural

Nifty 50.So Million Dollar Question is What Next??

We are here trying to decoding the Next course of Action.As i have mentioned

for last one month that 7965 is the PRZ(Potential Reversal Zone) and from my

last report of support was 7760-7730.Nifty close below our 1st cluster support

of 7760 and made a low of 7736 approx and save our 7730 level.For Next week

Once again Nifty at PRZ of 7730 level and Resistance at 7790.In case of Forced

Harmonic Oscillation at lower level of support then 7720-7700 and Upside

7810-7820.So Nifty Trend deciding Range is 7790-7730.so Nifty to be bullish

above 7790 and Bearish below 7730.

Nifty>>>

Note-Educational Purpose only.Read Disclaimer.

No comments:

Post a Comment