weekly up date

This week nifty trade in range of 4615-4350 this is volatile week .

DAILY CHART

In daily chart there is two things one is the nifty is moving in the trading range of 4615-4350.take position either side break the range.

second is nifty making a reverse H&S pattern but its one shoulder is symmetrical, if nifty break the 4730 with volume as per h&s next target is 5500 on paper.If nifty give a break down below 4350 there is chance for trend change in nifty bears are hold the market T-4220-4150-3905.

WEEKLY CHART

Last four weeks nifty trade in narrow range of 4730 to 4350 .break the range either side give a good opportunity. so wait & watch.

MONTHLY CHART

Monthly chart in symmetrical trangle .RSI & MACD is going up day by day.

break out above 4730.

OVER ALL

WAIT & WATCH FOR BREAK THE RANGE 4730 -4350.

HAVE A GOOD WEEK