NIFTY- will it break Upside or Downside??- Part 6

Nifty was very volatile last week & had closed @ 8086.80 last week. Nifty had tried to fulfill the gap down opening but had failed. Now for this week as per the chart setup nifty is looking weak, it can target its major support area which is @ 7950-7960 /7910-7920 level. On upside it will face a huge resistance at 8160-8170 level.
Rest continues and we will discuss it again when any breakdown or breakout is going to occur. Lets see...Wait n Watch..
Your ideas welcome please post your views regarding it what you think.

Kommentar:

Moving towards the resistance zone..