Saturday, November 01, 2014

Weekly Review :- 03.11.2014

Dear All,

>>> Nifty - Daily - As posted last weekly review <<<

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

Last week wrote - the above as a relief rally and what happened was a speedy rally due to flow of many good news from domestic and international side. We hit Stop Loss in all our shorts. So whats next ?. Lets See.

>>> Nifty - Daily - Happened and Yet to <<<

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

All explanations are on chart. Lets See more details on Nifty Hourly Chart also.

>>> Nifty - Hourly Chart <<<

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

So the current upmove may be a-b-c or 1-2-3 - may face resistance @ 8330, 8420 and 8540.

>>> Bank Nifty - As Posted on Last Weekly Review <<<

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

Wrote last week, upmove as a pull back rally. We hit our SL in Bank Nifty also, as market moved up above the trend and channel line. Lets see what happened and whats next !

>>> Bank Nifty - Happened and Yet to <<<

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

Crossed both Trend line and Channel. 17345 act as a Resistance.

>>> Bank Nifty - Hourly Chart <<<

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

As per details on chart.

>>> ACC - Update <<<

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

We initiated Short last week, still alive with the stop loss given on chart. If the channel as shown on chart breaks, then expect price to fall.

>>> Performance for the Month End - October 2014 <<<

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

For details send email to niftyforall@yahoo.com