Tuesday, November 08, 2016

Above 8550 - Next 8620 On Card

Dear All,

>>> Nifty Hourly Chart <<<

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

Price managed to cross above 8530 and tomorrow if trades above 8550 - will try to fill the gap left till 8620 as shown on above chart.

>>> Bank Nifty - As Posted Yesterday <<<

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

After a Bottoming process - as mentioned on weekly review and followed by a break out yesterday - We have wrote - Price may rally any time. See what happened today.

>>> Bank Nifty - Holding Long for More Rally <<<

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

As mentioned yeserday - Price started rallying and tested the first trend line as shown on above chart. We are holding our long from 19250 for more rally.

>>> CEAT - Posted on Weekly Review <<<

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

Wrote on Weekly Review - about our second entry on Ceat - after hitting a Stop Loss. See what happened today ?

>>> CEAT Ltd - We Booked Rs.56000/- Profit <<<

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

We made Rs.56000/- Profit - Booked and Closed.

>>> ApolloTyre - Hourly Chart - Holding Long <<<

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

We are Holding long from 193 with Rs.12000/- Profit. More Rally expected. Cheers!!!

>>> N4A <<<