NIFTY VIEW FOR 260815:
SUPPORTS: 7828-7808
RESISTANCE: 7931-7984
NIFTY Was Extremely Volatile As It Opened High Went Down
Sharply And Closed With A 250+ POINTS Recovery
But As On EOD Charts This Recovery Means Just A PAUSE In The Current Trend
There Are So Many Resistances That It Will Be EXTREMELY
TOUGH For OUR Markets To Resume Uptrend Too Soon
Expect More Volatility For A Few More Days
A FIBONACCI MAGIC
BANKNIFTY :
For BANKNIFTY Too 16100 Seems To Be One Important
Target/Support Zone And Any Recovery Before This Level Should Prove To Be
Corrective Only
A PAUSE In The Current TREND Is Suggested By The Yesterdays
Candle Pattern Which Is NOT A Reversal Pattern
A Few More Volatile Sessions Are Expected
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