Monday, December 12, 2016

NIFTY AHEAD OF FED INTEREST RATE DECISION

Hi Friends,

As mentioned in my previous post Nifty again took support near 8060 and broke above 8160. Nifty has broken above previous Swing High of 8250 and also trying to brake out of Falling Channel. This might be an Indication of Possible Trend Change. However Bulls need to break the Resistance at 8338 to confirm Bullish Reversal.

For detailed Analysis and Charts you may follow Below link:-

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53 comments:

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Geet Khare said...

Asian shares were narrowly mixed on Wednesday as the Fed gets set to hike interest rates with the market more focused on forward guidance from the U.S. central bank, known as the Fed "dot-plot."capitalstars

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pranjali upadhyay said...

The crucial resistance for Nifty spot is now seen at 8135 and above this 8190 Support for the immediate term is now placed at 8055 and next support will be 7950.
Capitalstars

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