Nifty making Harami Black Patterns on weekly chart and it has been observed from last 3 time whenever nifty made Harami Black pattern then nifty given postive rally it can be seen on chart.
as nifty is still trying to close above 8700 as psycological level and 8800 and next week is still 3 trading days so trade in the below given range and enjoy trading. This is for my personal study not for trading thanks.
Closed @ 8697
5 EMA @ 8712
20 EMA @ 8730
50 EMA@ 8664
Support: 8667, 8567,8401
Resistence: 8784,8862,8878
as nifty is still trying to close above 8700 as psycological level and 8800 and next week is still 3 trading days so trade in the below given range and enjoy trading. This is for my personal study not for trading thanks.
Closed @ 8697
5 EMA @ 8712
20 EMA @ 8730
50 EMA@ 8664
Support: 8667, 8567,8401
Resistence: 8784,8862,8878
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