Friday, 27 May 2016

NIFTY NEXT WEEK PREDICTION 30 MAY TO 3 JUNE 2016

NIFTY SPOT CLOSED@ 8156


5EMA@7990
20EMA@7867
50EMA@7765
100EMA@7719

                                                 WEEKLY EXPECTED RANGE IN NEXT WEEK
                                                  SUPPORT    8018-7915-7812
                                                 RESISTANCES  8218-8351

VIEW :
Nifty made three white soldiers patterns consecutive 3 rd times in last two months which is clearly indication of changing sentiments of investor . After five week consolidation nifty mad three white soldiers patterns as it always occurs as per theory and nifty broke out a narrow range of consolidation. Try to make long position and buy on dips strategy. 8180 is strong resistence for nifty if not closes above this level then some consolidation for brief time period and then it can go up to 8218. Trend is best friend so remain in trend and enjoy Trading



 NIFTY SUPPORT RESISTENCE FOR 30 MAY 2016

DAILY RESISTANCE@8188-8219
DAILY PIVOT @ 8132
DAILY KEY SUPPORT@8101-8045

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