jackson_philips
Short

NIFTY TESTS 8300 Levels Again

NSE:NIFTY   Nifty 50 Index
112 4 3
A Double Top got formed this week.

1. PCR             is @ 1.37 - Meaning Nifty             is OverBought and it could fall any moment
2. Current Level is at a Strong Weekly Supply Level and should ideally fall any moment
3. Anymore move upwards could be a BULL Trap - 8350 looks like the Max that NIFTY             could go to.
4. 8000 looks like a target to look for and then lower
Trade closed: target reached: 300 points tgt reached
With tomorrow's 666 possible is 7977
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jackson_philips ASKSANTHOSHPM
I hope so Saar :)
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