Friday, 23 September 2016

Nifty weekly prediction for 26th september to 30th september 2016

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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