Nifty facing hurdle at 7850

Nifty could not cross 7850 today. May cross it tomorrow.
Both Nifty and BankNifty closed near 10D ema.

Nifty crosses 7700

Nifty crosses first hurdle of 7700.

Nifty Hourly Channel - 08/09/15 12.30 p.m.

Bank nifty channel broken on upside. Nifty will break above 7700.

Nifty Daily & Hourly

Nifty daily touches lower trendline. Should not stretch more.

Nifty Hourly, gave a false breakout above 7700, and broke down. Inches away from lower trendline.