1. Nifty in rising wedge .
2. Index will be less volatile for next few days.
3. Soon Nifty will test the levels of 16000.
4. Long Inverted Hammer formed on the top end of the wedge. HIGH of the hammer will be the stop loss.
5. The price has lastly retrace to the level of 0.75(near to 78.6%).
6. Traders Level: Sell Below:15675 Target: 15638 , 15619 SL: 15748
7. As I said before for investors prospective I am bullish till 16000
