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Wednesday, March 04, 2015

Support @ 8895 & 8840

Dear All,

>>> Nifty - Hourly <<<

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

We have two alternative on the above given chart. 9117 acts as a Resistance, completed 1-5 upmove. On the other side the alternative says abc-x-abc pattern move may give support @ 8995 and 8840. If the mentioned support holds, then expect once more upmove also.

>>> Bank Nifty - Hourly <<<

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

Yes We have Shorted Today Bank Nifty near 20,000. Almost made a 500 Points intraday itself. Now if breaks 19500 more fall ahead.

>>> AMBUJA <<<

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

We are in Short from 282. Also we made a Part Booking of Rs.5000. Expect More fall. Sell on Rise. Cheers!!!