Nifty Future (Bias - Negative)
Weak Below / Strong Above 11089.
Banknifty Future (Bias - Negative)
Weak Below / Strong Above 25407.
Thursday, September 27, 2018
EOD Analysis of Nifty Spot Hourly Chart as on 27-9-2018
Since bias didn't change or b-d trendline didn't break it may be assumed that the diametric a-leg after x-wave is still not over but structurally looking that it would get over very soon. A Cup and Handle type formation is also visible in the hourly chart.
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