Saturday, April 27, 2013

Weekly Review - 29.04.2013

Dear All,

Last week Rally was as Predicated by us. If you where a regular reader of this blog, sure your might have come across our bullish view too. Market expects RBI may cut Rates aggressively as Inflation hit 3 Year Low. But the Biggest reason behind in fall in Gold and Crude Oil Prices which may lower Import bill and may give a Lower CAD. So Lets come to Technicals as usual.

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


Have marked current rally as Wave (X). Also Bearish Harami Candle Stick signal an Early Warning for a Possible Fall in Next Week. Caution Advised.

>>> Nifty - Hourly <<<
>Click the chart to see on full screen<

On Hourly Price given a Break down from the Andrew's Pitchfork.

>>> Nifty - 15 Mins Chart <<<
>Click the chart to see on full screen<

Above chart suggest the last and final support from a Trend Line. Lets See will it give support next week.

>>> DLF <<<

>Click the chart to see on full screen<

Stock on Break down as shown on chart. May continue to slide if not able to hold support 235.

>>> PERFORMANCE <<<

>Click the image to see on full screen<