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January 4, 2016

Nifty Channel breaks 7890 level

















Looks like upward journey completed for the time being.
Let's see how far it retraces now ....?

December 30, 2015

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......