Following conclusive line was told yesterday in Technical Analysis and Market Outlook(28-08-2014)
follow up consolidation is equally required because last resistance range(7940-7968) is strong.
Nifty traded whole day within above mentioned levels between 7940.80-7967.80 with intraday consolidation patterns formations therefore rally continuation above 8000 is expected in next week.
follow up consolidation is equally required because last resistance range(7940-7968) is strong.
Nifty traded whole day within above mentioned levels between 7940.80-7967.80 with intraday consolidation patterns formations therefore rally continuation above 8000 is expected in next week.