TECHNICAL VIEW FOR THE WEEK 16112015:
NIFTY:
NIFTY Continued To Move Down Wards Proving A Clear
Indication Given Here Correct
I Wrote Once NIFTY Breached The All Important Trend line
That 7900-7700 Will Come Very Soon
7700 Can Give Some Support Especially Considering Oversold
Indicators On Both Weekly And Daily Charts
7937 Becomes A Very Important Level For Next Week
Some Smart Recovery Will Be Seen If NIFTY Manages A CLOSE
Above 7937
Some Positive Move May Happen If NIFTY Closes An Hour Above
7819 Watch 7819 On EOD Closing Basis
Also And If After Closing Above 7819 NIFTY Again Closes Below 7819 We May See
Levels Below 7700 Too
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