>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Nifty - not moving up as expected. Resistance 8680 still not yet reached. Channel remains a good support, unless it breaks - Price may try to reach 8680 again. Lets See.
>>> GLENMARK- As posted Yesterday <<<
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Wrote yesterday - If price unable to cross the channel - may correct heavily. See what happened.
>>> GLENMARK - Happened <<<
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As expected - Price unable to cross the channel resistance, started correcting heavily. We made some part profit of Rs.11750. Expecting more such correction towards our target.
>>> SIEMENS - As Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
Wrote yesterday - Price may correct - unless price able to cross the channel as shown above.
>>> SIEMENS - Happened <<<
>>> Click the chart to see on full screen <<<
As expected Price fell down - we made a good profit of Rs.10,000/-
>>> DISHTV <<<
>>> Click the chart to see on full screen <<<
We Shorted @ 117 and made Rs.12000 Profit on Intraday itself. As mentioned on chart 119 act as a key resistance. Unable to cross may trigger more such correction. Cheers!!!