22nd dec 26th dec 2014 nifty futures newsletter

•

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Nikhil Dogra

Analysis

Data & Analytics

Intermediate Term Technical Analysis
240 Min

Conclusion
• We are in a bull market
• Potential downtrend which got underway was
perhaps just a correction and overall a potential
downtrend whipsaw
• Rate of Negative momentum is decreasing overall
with recent buying pressure
• 8381 touchdown seems imminent however we
should look for Long pullback trade in 8205-8133
price range for lower risk entry.
• Merry X-Mas Cheers!!

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