>>> Nifty - Daily Chart <<<
>>> Click the chart to see on full screen <<<
Above chart simply explains the possibilities of testing the lower end of the channel. So lets see what are the other possibilities on the hourly chart.
>>> Nifty - Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Friday Nifty resisted at 8160, if unable to cross then high possibilities of drifting on the downside. Interim Supports like 8108, 8076, 8050 and 8024 - if breaks then danger ahead. Price may test 7935 and 7860.
>>> Bank Nifty - Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Hope the above chart is very clear and readable. As per chart 16200 looks like a firm resistance. Bulls must cross over to avoid bear attack. Else possibilities of testing 15700 very high. Caution advised for aggressive longs.
>>> Last Week's Stock Performance <<<
>>> Andhra Bank <<<
>>> Click the chart to see on full screen <<<
>>> Biocon <<<
>>> Click the chart to see on full screen <<<
>>> Tata Steel <<<
>>> Click the chart to see on full screen <<<
>>> Rcom <<<
>>> Click the chart to see on full screen <<<
>>> Unitech <<<
>>> Click the chart to see on full screen <<<
>>> Hindustan Petroleum <<<
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>>> Performance <<<
>>> Click the image to view on full screen <<<
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