Tuesday, November 01, 2016

Resistance @ 8655 & 8665

Dear All,

>>> Nifty Hourly Chart <<<

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

Price may face resistance @ 8655 & 8665 - If not crossed may test 8550 again, Else may resume till 8740.

>>> CEAT - Booked Profit Rs.28000/- <<<

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

We have entered Long on Ceat @ 1220 and Booked today @ 1260 with a Profit of Rs.28000/-. As per above chart - If price able to cross above the trend line - Expect more rally and Short Covering. Cheers!!!