& we are in the wave v th , which may
conclude around 8312 _ 8360…..
Now the reversal level is 5th of v th start level 8228.
Although we are expecting a further move ahead nifty
is facing many Resistances like a major five month
BLUE, 100 resistance (not 34 sorry),
and Daily above zero line resistance,Keep caution
at first target area 8312 while looking upward.
Now the indicators (standard DAILY 14 period)are at
over sold region.eg:Day chart slow is at 90, 14 period at 60.
HEllo friends, while reading many things together we
may make mistake, so whenever you find improper
values please notify. There is nothing
wrong in communicating.