>>> NIFTY - Monthly Chart <<<
>>> click the chart to see on full screen <<<
Wave 1 = Wave 3. Exactly a 4086 Points Rally has been completed since 4531. So till Friday 8617 is a 100% completion of Wave 1. Until we get a solid break down - the rally may once again keep continuing. But remember all the divergence are negative and if there is a correction - it can be a dangerous and damaging fall. Caution advised
>>> Nifty - Hourly Chart <<<
>>> click the chart to see on full screen <<<
Looks like Price topping out. GDP Data released on Friday and RBI Policy on Dec 02nd - may give a lot of volatile next week. Interesting week ahead. Lot of discipline needed protect your capital. Though we remain on short and will continue to add position.
>>> Bank Nifty - Hourly Chart <<<
>>> click the chart to see on full screen <<<
How many of you can believe that a Major index like banking index can move up with a negative divergence nearing to a month. If you don't believe, its a fact. Major fire works may happen post RBI Decision. Lets wait for it.
>>> Weekly Chart Performance <<<
>>> Ashok Leyland - Happened <<<
>>> click the chart to see on full screen <<<
Updating about Ashok Leyland for last 2 weeks and finally We booked on our first Target at 50 with a Bumper Profit of Rs.66000. Price hit a low of 48 also.
>>> Yes Bank - Happened <<<
>>> click the chart to see on full screen <<<
Last week we had a sell call on weekly review to sell Yes Bank. As expected a low of 671. We had a part booking at 680 with a profit of Rs.10,000 and hit SL @ CTC.
>>> Stocks for Next Week <<<
>>> ICICI Bank - As Updated on 25th Nov, 2014 <<<
>>> click the chart to see on full screen <<<
Above chart was updated on 25th Nov for a Sell call. Later we booked also @ 1710 with a Profit of Rs.10,000. But on friday rally - Price moved up. So whats next !!!
>>> ICICI Bank - Happened and Yet to <<<
>>> click the chart to see on full screen <<<
Above hourly chart - looks like - Price on a last leg of upmove. If this is not wrong - then expect a good correction. If you are short in this stock as per our previous update, continue to hold it. Though we have an RBI decision on card - Keep shorting on every rise. Expect a good fall next week.
>>> Apollo Tyre <<<
>>> click the chart to see on full screen <<<
Yes, We are short in apollo Tyre. Keep Selling on every rise also. Cheers!!!
>>> Performance for the month end of Nov, 2014 <<<
>>> click the chart to see on full screen <<<
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