Nifty
Nifty is struggling to close above 8900 from last of 9th
september 2016 and now it is clearly shownig range bound in the range
of 8700-8900 so for the next week will be crucial for bulls and bears
as both will fight to deciding the trend of nifty if we try to
understand last six daily candle then we can say that Nifty made Long
legged Doji on 16th september then next day small bullish
candle and then two candlestick pattern Harami Black and then Gap up
and still holding gap up as support on daily chart.
5DMA@
8828
20DMA@
8777
50
DMA @ 8645
NIFTY
SUPPORT : 8751, 8643
NIFTY
RESISTANCE: 8889,8950
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