Wednesday, April 02, 2014

6750 Crossed. Watch 6760 for Next Level

Dear All,

>>> Nifty - Daily <<<

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

Continuous 3 Red Colored Hanging Man - Indicates Caution. RSI also not moving along with Price should be watched carefully.

>>> Nifty - Hourly <<<

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

Though 5750 crossed today - Price holding below upper trend line should be watched.

If price able to cross above 5760 may see next resistance till 6775-6788 and 6862. Lets See.

>>> Bank Nifty <<<

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

Yesterday wrote - Break down on Bank Nifty - Today we saw the Pull over - Probably a rise before next fall. Lets See.

>>> ACC <<<

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

ACC on the edge of break down - once it breaks then fall should shall be continuous and deep. Lets See.