Wednesday, October 10, 2012

Nifty - Last Support 5640

Dear All,

>Click the chart to see on full screen<

Nifty on last Suppport 5640, if breaks then 5560 on Card. As said earlier if 5540 also broken then fall upto 5440 to 5430 not ruled out.

As I have alerted on my weekly review with Bearish Candle on Daily Chart, one should have profited from this fall. Now its time to Protect your profit with Proper Stop loss as the give support above holds the market.


>click the chart to see on full screen<

As per the above chart, it seems 116 is a good Support. We had a Sell call earlier Last week - and target achieved today.

(05/Oct/2012 10:29:54): ****N4A-STOCK-ALERT****
Sell HINDALCO near 125-126. SL above 128. Target 122 & 116. (all spot levels)

Today achieved all Targets. Profit 2000 X 10 = Rs.20,000/-

Lets see. Cheers!!!