Lets see what we have in store from Nifty point of view.
The above is Hourly chart of Nifty. Nifty is trading in a channel and its near channel resistance area. Break out above this range will bring Nifty to longer channel resistance which is near 8350-8400 zone.
If not able to break recent high of 8230 zone then it can retest bottom of channel.
Moreover , Nifty just retraced 61.8% retracement at 8225 zone which is mentioned in previous post.
Few more interesting charts:
ADF Foods:
South Indian Bank:
Bliss GVS:
Note: Above charts are shared only for learning purpose. These are not BUY/SELL tips.
The above is Hourly chart of Nifty. Nifty is trading in a channel and its near channel resistance area. Break out above this range will bring Nifty to longer channel resistance which is near 8350-8400 zone.
If not able to break recent high of 8230 zone then it can retest bottom of channel.
Moreover , Nifty just retraced 61.8% retracement at 8225 zone which is mentioned in previous post.
Few more interesting charts:
ADF Foods:
South Indian Bank:
Bliss GVS:
Note: Above charts are shared only for learning purpose. These are not BUY/SELL tips.
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