Thursday, December 08, 2016

Above 8250 - 8260 - More Rally & Short Covering.

Dear All,


>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Price resisted @ 8250. More Rally & Short Covering possible - if crosses above 8250-60. We are Holding our Long.

>>> Bank Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Bank Nifty - may decide the entire market movement in coming days. Price need to break above 18700+ for a healthy rally, still more banks are showing weakness and yet to give strength.

>>> NIFTY - IT - Hourly Chart <<<

>>> Click the chart to see on full screen <<<

We are long in Nifty IT also. Above 9950 More rally coming. Lets See. Cheers!!!