ajithchand-bhandaari
Long

Nifty expected to bounce soon ?

NSE_EOD:NIFTY   Nifty 50
74 2 1
Nifty             made a Hammer on January 01, 2016 and 02 January 2016 gave a confirmation that the market Is going to go bear . As Nifty             came bellow our Buy level of 7905 and candle confirming a bear rally. On End of contract basis a call for short was initiated. The market came lower than target 03 of 7331. The chances are bright that the market may bounce back soon.
It's tweezers bottom , so nifty will bounce.
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nice analysis sir
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