On 07-04-2015 Nifty rode a violent roller coaster owing to
RBI’s Credit Policy. RBI’s status quo decision created indecisive trading
sentiments. That is the reason why Nifty oscillated in a 100 points range
today. The extremes marked by Nifty today are very important for making further
trading decisions. Charts suggest that support for Nifty tomorrow lies at 8590
and resistance at 8690.A above beyond either level shall decide the future
course of action.
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THE LEVELS MENTIONED BELOW ARE SPOT LEVELS. Shown above is the 60 minutes chart of Voltas.
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