Nifty Important Resistance level broken. #EndingDiagonal. #Doubletop

Hello Friends,

                         Nifty today broken a important Resistance level of 12157 Cash level. Where most of the traders were expecting a Double top.  Now for next few trading sessions we have to see. Does Nifty sustain above this level. if it succeed than we can  expect further up side till 12450-650 level. Nifty looks like making a Ending diagonal on monthly chart.


NIFTY MONTHLY CHART

NIFTY WEEKLY CHART


      Thanks , with Regards
       Arun Khanna

Disclaimer : Please ask your financial  adviser  before making any investment/trade , as the author will not be responsible for any kind of profit or loss made by you.

One must analyse his own before making trade or invest.





















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