Nifty made Hammer on daily chart which is first sign of bullish reversal pattern but we have to confirm it on monday closing . if nifty closing sustain above 8300 then it can go up 8500 if closing does not sustain above this then in down side it can go up to 8060-8160.
Finally i would like to conclude that this is make and brake point so both strategy can be used either buy on dip or sell on rise but but kindly use one strategy at one time.Remain in trend and trade according your levels this is not for trading purpose .
Finally i would like to conclude that this is make and brake point so both strategy can be used either buy on dip or sell on rise but but kindly use one strategy at one time.Remain in trend and trade according your levels this is not for trading purpose .
Closed @ 8261
EMA 20 @ 8199
EMA 50 @ 8289
EMA 100 @ 8345
Resistances: 8273,8377,8491
Supports: 8154,8104,7937
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