NIFTY is runnning within a long term range and has made a symmetrical triangle. Above 9150 it will go higher and below 8950 it will go more downside.
Sunpharma after giving a decent move of 200 points from its bottom now it has formed inverted cup and handle. posiible target is 400 or more downside possible.
NIFTY houly chart has broken lower leg of ascending traingle so my next target is 8700 following 8500.
