nifty_f1 29dec -2 jan weekly report

here nifty daily chart analyis

there is traingular pattern formation.

evidence says some what bullishness paattern forming

this bullishnes patern will cofirm only when nifty crosses weekly bullish level.

this some what bullishness may continue for some days.then can change direction in eather side. as shown in fig.

obey level strictly

NIFTY_F1* RC Wave* stoplls:2,860 next week_Buy above :2,897.92next week up target>2,959>>3,058>>>3,120

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NIFTY_F1* RC Wave* stoplls :2,898 next week_Short bellow :2,860.08next week lower target >2,799>>2,700>>>2,638