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Thursday, March 27, 2014

6656 Resistance !!!

Dear All,

>>> Nifty <<<

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

So it seems like we are nearing to end the rally. 6656 crossed today and failed to hold. Next Resistance 6678 and 6700. A small wedge - if breaks then first sign of weakness. Lets See.

>>> SBIN <<<

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

SBI - Star of the day - Rallied nearly 5%. So whats next ???. If unable to cross the upper channel - then may fall. Lets see!!!