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.

#NIFTY TOMORROW EXPECTED MOVE

Hello Friends ,

                        Nifty as expected i told it should be a corrective wave in both the condition it made low of 12072 NIFTY FUTURE level was near the Support level given today at 12070 - 12150 NF range.

Now for tomorrow view. it should be irregular followed by a zigzag as shown below. Rest confirmation after Option analysis only. 

NIFTY 15 MIN. CHART 

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. I am not recommending anybody to sell or buy any stock.

One must analyse his own before making trade or investment.