Nifty made Harami black pattern on daily chart and trying to follow lower top lower bottom formation and i which top is declining and bottom is also bottom is declining but if we read 08/07/2016 then 8472 is good support and so many times nifty bounce back from this level. so we can say that this is make or break point in nifty in next week.if nifty continues to trade below this level then downtrend will be started in long term. so i have some support and resistence for my personal study not for trading.
Closed @ 8583
EMA 20 @ 8701
EMA 50 @ 8659
EMA 100 @ 8488
Resistences: 8677,8778,8878,
Supports: 8567,8477,8397,8240
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