Friday, July 12, 2013

Weekly Review - 15.07.2013

Dear All,
>>> Nifty - Daily <<<

>Click the chart to see on full screen<

5970 Crossed and closed shows strength of Bull. Also Hanging man add more green signal to Bulls. Though one should keep in mind that the current upmove is only a Corrective in nature and upside is only limited.

>>> Nifty - Hourly <<<

>Click the chart to see on full screen<

Above Hourly Chart should be very clear for those who read this blog regularly. I have previously absorbed the possible break out when B wave was triangle nature as a-b-c-d-e. So current upmove should be Wave C. As per Fib Golden Ratio 78.6% or 6088 should be the next target. But I still feel it can also crossed for 6095 or even 6140 may tarsget. Let See...

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

I think no explanation needed for Bank Nifty, as its very easy to understand/


>>> Hits of Last Week <<<
>>> Lic House Fin <<<
>Click the chart to see on full screen<

>>> Sesa Goa <<<
>Click the chart to see on full screen<

>>> Indus Ind Bank <<<
>Click the chart to see on full screen<

>>> PERFORMANCE <<<