>>> Nifty - Weekly <<<
>>> Click the chart to see on full screen <<<
Though the Trend is down, I expect some pull back as corrective upmove. As said earlier we are still holding longs. Previous candle on Weekly chart had a Bullish dragon fly which tested 50 week moving average and followed by an doji like candle suggest the upmove may still happen.
>>>> Nifty - Daily As updated last weekly review <<<<
>>> Click the chart to see on full screen <<<
Last week wrote 6130 as resistance and upmove should be there.
>>> Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
Though there is a fall stop loss 5970 saved. I still believe the fall as a-b-c and upmove may be there till 6095, 6130 and 6145. Move past 6130 or 6145 may trigger a good short covering to fill the gap left above.
>>> Nifty - Hourly Chart as updated last weekly review <<<
>>> Click the chart to see on full screen <<<
Last week said - Price should fill the first gap left above.
>>> Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
After the sudden fall on thursday I feel that nifty should bounce once again to cross 6095 and 6130 or 6145. Move above 6130 or 6145 may trigger a short covering till 6267 to fill the gap left.
>>> Bank Nifty - As Updated on 13th Feb 2014 <<<
>>> Click the chart to see on full screen <<<
Bank Nifty Updated on 13th Feb - mentioned 61.8% fib lvl as a good support.
>>>Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
If 61.8% retrace holds then upmove should be till 10400, 10644. Above 10644 may fill the gap left above.
>>> CESC <<<
>>> Click the chart to see on full screen <<<
>>> Apollo Tyre <<<
>>> Click the chart to see on full screen <<<
>>> SYNDICATE BANK <<<
>>> Click the chart to see on full screen <<<
Yes we are long from 78.5 onwards, Part profit booked for Rs.6000
>>> Performance <<<
