02nd Jan, 2017 :- NIFTY - Daily :- Point & Figure Chart [50 x 2]

#NIFTY - Daily :- Index had breached Major & Wider Support @ 7900/- and had quickly reversed to test its previous Resistance towards 8250/- Maximum Open Interest (OI) @ 8000 Put & 8200 Call Strike suggests a Wall of Support & Resistance respectively. Its a Bear Trap unless it Breaks Out @ 8300/-



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