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Saturday, August 03, 2013

Weekly Review - 05.08.2013

Dear All,

Nifty Daily - As Updated Last Week.

>Click the chart to see on full screen <

As Given last week Nifty broken the support and started falling down. Lets see whats next ???
>>>> Nifty - Daily - What's Next <<<

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Nifty near the Trend support line at 5620-5630, if breaks then possible downside upto 5573 and 5431.
>>> Nifty - Houry <<<

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Above hourly chart suggest end of wave 4 and started wave 5 on the downside. 5620-30 should support, else may test next level 5573 or near.

>>> Bank Nifty <<<

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Bank Nifty closed near the golden ratio of 61.8% looks very important next week. If holds then possible bounce back, else may fall to next level 78.6% or 8975 as shown on chart.

>>> Block buster Chart for the Week <<<

>>> IB Real Est <<<

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>>> Exide Industries <<<

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>>> Cipla <<<

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>>> Performance <<<

>>> for the month ended July, 2013 <<


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