NIFTY OUTLOOK (19TH SEP. TO 23RD SEP. 2016)

NIFTY OUTLOOK

(19TH SEP. TO 23RD SEP. 2016)

Nifty major trend is bullish, now nifty move in consolidation mode in daily chart. On weekly chart nifty opened GAP down and recovered from support of 8688 level, filled the gap at the end of week. Nifty moves in a range between 8970-8688 levels. For the short term near resistance is 8820 level, if cross that level so it may continue uptrend and touch 8960 levels vice versa near support is 8770 if nifty breaks this support so next crucial support is 8620 level.
 Attachment Details Nifty-Outlook-19-Sep.to-23-Sep-2016

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