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Nifty Can Go Up To 8,330 In Near Term: Ruchit Jain

PUBLISHED ON: December 8, 2016 | Duration: 9 min, 34 sec

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Ruchit Jain, equity technical analyst at Angel Broking, says on daily charts Nifty has made a higher low which indicates formation of first higher top higher bottom structure. Nifty can head higher towards 8,300-8,330 levels in next two-three trading sessions as momentum is on positive side as number of advancing stock have outperformed declining stocks, adds Mr Jain.
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