Thursday, July 10, 2014

Budget - Roller Coaster - Caution Ahead

Dear All,

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

Huge Swing on market - before and after budget. Though there was a rally during the day, unable to sustain, shows caution ahead. Nifty Price and RSI broken the Support Line. Now the strategy changing form " Buy on DIP's " to " Sell On Rise ". We also need more confirmation for it. Lets wait and see. Cheers!!!