Saturday, February 6, 2016

Nifty P&F (Wk 0802-1202) - the oscillating channel controlling the price movement, nice trade opportunity

Recap:


Though the range has broken 7500, still price is oscillating inside the channel with all the possibilities to break upside.


Weekly Analysis:


Daily Analysis:


Summary:


Daily chart indicating breaking 7615 would mean a break out of BrRL. On weekly chart 7000, is the support on BlSL.

3 comments:

  1. @narasing, you are welcome.

    Regards, Rajib

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  2. Tata Sons board ousted Mistry on October 24 and appointed Ratan Tata as the Interim Chairman. Wadia's support for Tata Sons' ousted Chairman Mistry has led several Tata Group companies to call for their respective EGMs to decide whether or not to remove Wadia from their respective boards.capitalstars

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