Sunday, October 25, 2015

Nifty and Dollar updates

Nifty near strong trend-line resistance. Also its forming a wedge at the top along with crucial fibbonacci resistance. Bullish only if stays above 8420 zone.


8380-8420 Crucial zone to decide next move in Nifty.

Dollar is stuck in range between 65.23 to 64.62. Break in any direction will make a big move in either direction.


Both near crucial support and resistance. It would intresting to see which direction these charts will point to in future.

NOTE: Above charts are shared for learning purpose only and this is not some BUY/SELL tip.


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