Saturday, 21 May 2016

{LONGTERMINVESTORS} Nifty held to 7777 but close below 7850,Weekly Forecast

Last Week we gave Chopad Levels  of 7777 , Nifty gave multiple Long entry on Monday and Wednesday which did 2 target on upside  and No Shorts got initiated as nifty never went below 7777. Lets analyses how to trade nifty in coming week, Will the age old adage , "SELL IN MAY AND GO AWAY" hold true in May month.

Nifty Hourly Chart

nifty hourly

As discussed in last analysis coming week once 76

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Rgds,
Bramesh

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