Tuesday, November 13, 2012

Happy Diwali

Dear All,

Wishing All my Friends a Happy and Profitable Diwali.

May you live your life like the festival of Diwali, happy healthy and wealthy.

A Very Very Happy Diwali!!



>Click the chart to see on full Screen<

Even though Nifty trading below 5680 on Intraday Basis, so far able to close above 5680. Yesterdays Hourly chart as above seems like a Break out. If able to cross 5730 and 5755 - a fast upmove possible.

5680 and 5650 remains as a Support and break below these levels may see heavy sell off.


>Click the chart to see on full Screen<

Bank Nifty took its Support near 11427. Yesterday's Close above 11600 seems like a Break out and if it holds, then Possible upmove above recent high not ruled out.

Lets See!! Cheers!!!