Sunday, July 20, 2014

Weekly Review - 21.07.2014

Dear All,

>>> Nifty - Daily Chart <<<

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

Daily chart looks like relief rally - hence the fall marked as wave (a) or (4). So to make it confirm about the rally to continue - we need more confirmation - Lets see in detail on hourly chart.

FII's started buying since last week - indicates the rally may continue.

>>> Nifty - Hourly Chart <<<
>>> Click the chart to see on full screen <<<

Moving Average Crossed now. But still 7661 remains a hurdle. So lets wait and see.

>>> Bank Nifty <<<

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

Bank nifty - RSI on a break out mode. Price yet to give a break out.

>>> Last week Chart Performance <<<

>>> Rcom <<<

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

>>> Bank India <<<

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

>>> Andhra Bank <<<

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

>>> M&MFin <<<

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

>>> IDBI <<<

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



>>> Jindal Steel <<<

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

>>> Performance - till 18th July - 2014 <<<
>>> Click the image to see on full screen <<<

>>> L&T Finance Holding Ltd., - Special Coverage - Follow Up <<<

Reserve Bank of India’s recent move to ease infrastructure loans is a positive.

L&T Finance Holdings' Q1 results on July 23, 2014


>>> As Posted on 27th June - 2014 <<<

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

Last time the bounce did not happen as expected and hit a low of 67. So lets see what the chart says now.

>>> What to Happen <<<

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

RSI gave a clear break out - So we need a break our from Price above the channel - as shown on chart. If breaks then rally to continue. Cheers!!!