>>> NIFTY <<<
>Click the Chart to see on full screen<
After breaking the trend line - Nifty moving with Extension waves and Lot of choppy indicates the Indecision and I Hope only the Support and Resistance can guide us. As Nifty has broken the Important support 5350, next level is 5290. Lets See.
>>> BANK NIFTY <<<
>Click the Chart to see on full screen<
Bank Nifty seems like a Symmetrical Triangle Break down - Signals a Bearish and Heavy Sell off is Possible. I advice extreme Caution in Bank stocks - in Days to come. Bank Nifty have a Support at 9890 & 9678 - and I hope these Support may be tested in coming days.
>>>APOLLO TYRE <<<
>Click the Chart to see on full screen<
We had a Sell call in Apollo Tyres - as Shown on Chart - a Shooting Star or an Inverted Hammer on the top of the Chart shows that - Stock has been topped out and ready for a Fall. Break down below the Raising Wedge is an another Important Bear Phase of the Stock. Lets get ready to enjoy the Fall.
Cheers
