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Thursday, September 15, 2016

(2) Nifty Chart & Trading Levels For 16/09/2016 ::


-          Nifty ::
-          Slightly bullish Hang Man Candle, moving up like 4th corrective upward wave..If it is, first target near 8784-8791..
-          MSi ( My-Charts Sentiment indicator) turn down from 70 to 46..
-          Short term indicator turn up from middle..
-          Overall midterm momentum bearish and intraday momentum slightly bullish..
-          Stuck with levels..
-          Above 8739 momentum seems up, Below 8739 momentum down..
-          In intraday trading on 16th Sep.Watch 8746 above 8746 buy with strictly stop-loss 8739, Below 8739 sell with strictly stop-loss 8746..
-          Resistance for up move at 8757/8768/8775/8784/8791..

-          Supports at 8727/8716/8709..

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