NIFTY - an update...





NIFTY (8610) -  Last update was on 03rd June as "Upside Resistance 8450-8500

Down side support  8000-7950

trade and stays below that 

ULTIMATE DOWN SIDE TARGET 6950--6800"





Above was posted, when it was trading at 8236, After this post, it made intra-day lowest  low 7940.30 on 12th June (from 11th June to 16th June, that means, four trading sessions it was holding between our mentioned support of 8000-7950) , from there, is moving up ,after two, in between, corrections of  225 and 250 points, now closed at 8610 


In the mean time, on 22nd June tweeted in my TWITTER account , the following is that embed : 





In the last two days,  it closed two consecutive days above 8547. So now, ready to move up next upside level.


**

Now what next ? 


Support 8550-8450

above that 

Upside Target 9030-9130


with in between resist at 8800-8850