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Free Nifty index chart and technical outlook updated for 08th December 2015, Tuesday.


Nifty has formed head and shoulder pattern in daily chart, technical indicates sharp movement can be seen once it comes out from its pattern.

Stock finding strong trend line support around 7714 as shown in above image, further price fall can be seen once it closes and holds below 7714.

Intraday Nifty looks weak if it holds below 7714.
Will find support around 6690,6674.
S.L - 7730.

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