Tuesday, December 30, 2014

Nifty P&F (Wk 0501-0901) - If 8000 held, likely to test 9000 before bending!


Price did not go till 7500, it reversed from 7700 only.

Weekly Analysis:

Daily Analysis:


I was expecting a reasonable correction on reaching VPO, however recent consolidation HPO indicates a potential of reaching 9000 before buckling down. Provided it does not  break the BlSL at 8000.