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Monday, November 10, 2014

Support 8290 & 8260

Dear All,

>>> Nifty - Hourly <<<

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

Side way move continues. If Price breaks above the small channel - shown on Chart - may trigger some buying. Though many indicators are on negative mode - its not a wise idea to go long. So lets wait and watch.

>>> Bank Nifty <<<

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

Break down on Bank Nifty also. Lets See.

>>> SRTRANSFIN <<<

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

Yes we are in short. Price gave a break down - after completing wave B, 127.2% retrace of Wave A. So if I am not wrong - expect a good correction from here onwards. Cheers!!!

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