Tuesday, April 12, 2016

Nifty Analysis for 12 April 16


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Nifty Analysis for 12 April

Nifty has tested resistance at 7666. Next resistance is at 7704.  I am in for further upmove in the area of  7704-7736 on 60 min chart.

However, Nifty may not be able to break this resistance. We can see Nifty falling to 7570 level again.

Check this chart-



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