Nifty 50 stocks study charts

Friday, September 16, 2016

Nifty 16 Sept 2016

                                                               5 mins chart

Nifty broke out of last 3 days of consolidation with gap up opening. RED line (near 8825) is a resistance in upside,

Friday, September 2, 2016

Nifty 2 Sept 2016

                                                                       5 mins chart

Nifty is in consolidation zone since last 2 trading sessions. This is a  no trade zone and traders should wait for breakout on either side.