Nifty Channel

Nifty in correction mode since morning. Hourly MACD showing negative divergence since last 2 days.

May break last pivot support at 7900, which it held yesterday.  If breaks, then a change of trend......

Nifty Hourly - Above 7850 - a false breakout ??

Inv H&S in Arvind ltd.

If sustains above 340, an upside  target of 420.

Nifty breaks channel

Nifty Channel

Some observations - Astro

NIFTY
			GAP
PEAK	JAN               '2000	JAN'08	8 YR.
BOTTOM	SEP'2001	MAR'09	7.5 YRS.

Recent peak was made during Jan/Mar 15.  Which is about 7 yrs. from Jan'08 peak. 
On both the above occasions BOTTOM was made when Jupiter and Rahu met (Conjuction). Next   such occasion falls on June'16.  This will be 7 yr and 3 month from previous bottom i.e. March'09.

Let's see what happens.

                                                 

Nifty -30 m chart. Channel Breakout - 14/12/15 12:45

Nifty - 30 min - Manual PIVOT/ Supertrend

Nifty Hourly Channel - 07/12/15 11:00 am

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