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Tuesday, March 15, 2016

Support @ 7424 & 7406

Dear All,

>>> Nifty Daily Chart <<<

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

As mentioned Yesterday - Price not able to cross above 7580. If given support 7424 and 7406 not able to hold, fall to continue. Fed Policy meeting may also have larger impact on Index. Stay caution.

>>> Tata Motors - Free Call Given <<<

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

Wave C retraced almost 127.2% of Wave A. Price hit the key resistance 368-70 and started falling. Next Support @ 359 if breaks - More fall ahead. Cheers!!!