>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Nifty crossed 8565, But still Price unable to hold or move above the channel line as shown on chart - Shows the weakness. RSI - Not moving along with Price - shows the -ve Divergence. Still Nifty on Danger Zone, Caution advised.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
RSI - made a warning signal - Broken down. Price unable to hold above 19000 and resisted on the channel - As shown on chart. Again Caution advised.
>>> ARVIND - As Posted on 03rd Aug, 2015 <<<
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Posted on 03rd Aug - Wrote - Fall likely. See what happened.
>>> ARVIND - Happened <<<
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RSI - If breaks the Trend line - More fall likely.
>>> LICHSGFIN <<<
>>> Click the chart to see on full screen <<<
We had short position and LICHSGFIN - More fall likely. Cheers!!!