Nifty Update (28-08-2016)

On request from many friends, I've restart again our blog. But I'll post for major moves only.

Nifty rebound from our expected level 6840 from Budget Day, We didn't expect 8700 level again with in 6 month. Anyway the wind blows, Nifty again at crucial level. As per #MOB 8650-8750 range is the Major Resistance. As per Daily chart, Price & Oscillators are indicating... Profit booking may restart for minimum target #Brexit's low or 200 DMA (7927). But, I'll only short below 8540.