Monday, April 29, 2013

Another Volatile Session

Dear All,

>click the chart to see on full screen<

Though no major change in Pattern wise or Ew Count, had a volatile session due to outcome of results. Better than expected HUL Results help nifty to gain 40+ Points. Bank Nifty + SBI looks week though RBI meet on May 03, expectation had 50 Bps Cut.

RSI and MACD still on -ve Div maintian alarm for weakness. Lets See.