NIFTY at crucial levels in long term perspective

                                                               NIFTY Weekly Chart

NIFTY 200 Week SMA @ 6875 which breached decisively only in 2008 in last 16 years

The trendline from 2008 lows support on weekly charts around 6800 - 6850

The lower trending channel from top of 9119 to 6869 support at similar levels

The million Dollar Question is where are we heading too ... ????? 

Are we Out of woods ? What the different sectors suggesting ?

What is Bank NIFTY, NIFTY IT, NIFTY Pharma, NIFTY FMCG and NIFTY Energy sectors indicating ....

Because it is vital to know market internals to understand the prevailing trend and trend reversal points ....

To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts 


For Workshops on Technical Analysis & Financial Markets Contact Us

Raju V Angadi Vishwanath, B.E., MS, CMT

Technical Analyst

rvangadi@googlemail.com
+91 78291 55900