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Ichimoku & Renko Analysis on #nifty for 12th January, 2017

Nifty Commentary The effect of 8300 being taken out was clearly witnessed today. A gap up followed by a very strong close has placed Bulls back in a comfortable zone. Technically looking at the ichimoku cloud, we can observe two important levels that could happen: Cloud boundary around 8400 (senko B) could act as a tough resistance for the Bulls for the day along ...

Trader-AJ Trader-AJ NIFTY, 60, Long ,
91 2 0
NIFTY, 60 Long
NIFY looks bullish targeting 8235!

NIFTY has strong short-term support at 8100 followed by 8020. Looks a good buy set-up at cmp targeting 8235! SL should be maintained below 8100

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