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 <<<
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On Hourly Price given a Break down from the Andrew's Pitchfork.
>>> Nifty - 15 Mins Chart <<<
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Above chart suggest the last and final support from a Trend Line. Lets See will it give support next week.
>>> DLF <<<
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Stock on Break down as shown on chart. May continue to slide if not able to hold support 235.
>>> PERFORMANCE <<<
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