CHART STUDY THROUGH POINT AND FIGURE

Today we have seen early DIWALI on dalal street and For this all credit goes to our RBI GOVERNOR RAGHURAM RAJAN . Also one more reason for going up is that  FIIs are renewing their interest in India and have invested Rs 13,500 crore over the past 16 trading sessions, the highest monthly net investment by foreign investors since May this year. 

Today nifty has taken a move of almost 250 point (diff between high -low) and it has beaten the bearish view holder and also i was one of them..today price action has given a fresh buy signal above 6210 but at this moment my position is neutral..

For tomorrow nifty major Resistance is looking around 6250-6260 and support is looking around 6160-6170 . BIOCON IS LOOKING GOOD FOR BUY...

Regards

Raju Ranjan

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