Saturday, March 16, 2013

Weekly Review :- 18.03.2013

Dear All,

Gave Last Week for Daily Chart :-
>Click the chart to see on full screen<

Happened and Yet to :-
>Click the chart to see on full screen<

Wrote Last week about Head and Shoulder and advised 5971 as a Stiff Resistance. Nifty touched 5971 and fell down to 5792.5. Still the Possibility of Head and Shoulder is intact.

Gave on 14th March for Hourly Chart :-
>Click the chart to see on full screen<

Happened and Yet to :-
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As Updated on 14th Mar, it seems like still a possibility of IHS on Hourly chart persist, provided it should break above 5971. On the contrary if break below the bottom of the channel line, the IHS gets negated and down move should continue for a free fall.

>> DLF << Following Chart Updated on our Face Book Page :-

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As DLF trying to form a Head and Shoulder and advised for a fall..

>>Happened and Yet to<<
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As Said DLF fell down to 271.55 from 285. Since the Price has broken below the lower channel, should fall more. One can short below 268 for a Target of 256.

>>> RELINFRA<<< Following Chart Updated on our Face Book Page :-
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>> Happened and Yet to<<
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Gave earlier the Reliance Infra Chart on Face Book Page. Price came down form the high of 434.75 to 417.5, touched the lower channel. So if breaks the lower channel next week, fall should continue.
>> PERFORMANCE <<

>Click the image to see on full screen<