NIFTY may retrace to 8630.NIFTY has been struggling to fine further direction,it seems, it has to retrace from this level to short term support around 8630 in the coming week, if it doesn't break the 8841 level. go short keep SL 8845.Shortby nextgen1
REC Rectangle Top Reversal Simple classical Channel short trade is possible. Stop Loss above the high made recently and target is open depending upon the patience of the trader however the target of Fib .618 to .786. level seems to reach quite easily. Shortby praveen.bhatiya0