Nifty still following lower top lower bottom formation on daily chart and trying to fill all gap up line between 8150-8500 Gap up is considered as strong support ,but now nifty is filling all gap up continuously.and one thing more i tried to draw long trendline from 2011 low to 2014 low then that trendline is also acting as strong support at around 8327 and my strong level was 8472 acting as support from last three month broken this week so if nifty continues this trend then pls make trade according to below given levels .this is for my personal study not for trading.
Closed @ 8433
EMA 20 @ 8613
EMA 50 @ 8634
EMA 100 @ 8572
Resistences: 8648,8679,8884
Supports: 8341,8277,8240,8200
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