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Monday, October 17, 2016

(2) Nifty Chart & Trading Levels For 18/10/2016 ::


-          Nifty Spot ::
-          Long bearish Inverted H & S breakdown candle..(Heading towards our blue line wolfi wave target slowly-slowly which we mention at top bar.. ;-) ) 
-          MSi (My-Charts Sentiment indicator) down 65 to 46..
-          Short term indicator in oversold region..
-          Overall momentum bearish but near to 2nd support zone..
-          Watch support zone on 18th Oct. in between 8505 to 8480..
-          In between intraday trading.. Above 8528 buy with stop-loss 8512.. Below 8512 sell with stop-loss 8528..
-          Resistance for up move at 8540/8554/8579/8598..

-          Supports at 8506/8486/8460/8445..

Posted by MY CHART at 10/17/2016 10:05:00 PM

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