>>> Nifty Weekly Chart <<<
>>> Click the chart to see on full screen <<<Above weekly chart shows a mixed trend. A red colored Hanging man and Side way move on RSI after Break out happened last week. 15 and 25 WMA may act as a hurdle for the bulls. Though a gap up opening expected on Monday due to better than expected GDP data and govt. efforts to push the land ordinance for the third time. One should maintain a cautious approach until 8530 or 8520 surpass.
So far the corporate results are not encouraging. RBI decision on tuesday should be watched carefully. Apart from Interest rate decision, RBI's Outlook on the economy is much more important.
Slow down on china - FED decision to Hike Interest rate - Greek Worries - Gulf Turmoil etc., along with Global Currency War going to impact our economy heavily.
MODI 365 - So far Yielded no result to common man or corporate world.
So altogether - it looks like - the entire tunnel is full of darkness and no light seen yet. Lets see what the other charts also suggest.
>>> Nifty Daily Chart - As Posted Last Weekly Review <<<
>>> Click the chart to see on full screen <<<Last week - We wrote on Daily chart - That we have booked our Longs on Nifty with 320 to 340 Point Profit. See what happened this week.
>>> Nifty Daily Chart - Happened <<<
>>> Click the chart to see on full screen <<<Yes - We have entered Long again from 8320-40 Level, Now with a Profit of 100 Points. Price if able to cross 50 dma - may test 100 dma as shown on chart.
>>> Nifty Hourly Chart - As Posted on Last Weekly Review <<<
>>> Click the chart to see on full screen <<<Last week - Mentioned clearly - After a break out from IHS nifty crossed 8420 and said Nifty may see some consolidation. See what happened !!!
>>> Nifty Hourly Chart - Happened <<<
>>> Click the chart to see on full screen <<<As Said Nifty corrected till 8270 from 8450 and tested the IHS Neck line. Price took support @ 8270 and started moving up again. After crossing 8420 resistance, it seems price may reach next resistance 8520 also.
>>> Nifty Hourly Chart - Posted on Last Friday <<<
>>> Click the chart to see on full screen <<<Have mentioned as a Break out above 8330-35. See what happened
>>> Nifty Hourly - Happened <<<
>>> Click the chart to see on full screen <<<As expected Break Out Happened above 8330-35 and Market rallied on friday. More rally soon to touch the channel top as shown on chart.
>>> Bank Nifty Daily - Posted Last Weekly Review <<<
>>> Click the chart to see on full screen <<<Last week on Bank Nifty we Booked almost a 900 to 1000 Points Profit. Also mentioned that there can be a consolidation too. See what happened.
>>> Bank Nifty Daily - Happened <<<
>>> Click the chart to see on full screen <<<As expected Bank Nifty made a dip till 18225 from 18433. We have entered long at 18360 and holding for next week. News like better than expected GDP and forthcoming RBI Rate Cut may trigger more rally next week. We expect nifty to hit above 19000.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<Above 18755 Rally to continue till 19077.
>>> STOCK Performance <<<
>>> ACC <<<
>>> Click the chart to see on full screen <<<We Booked a Profit of Rs.5000/-.
>>> LT <<<
>>> Click the chart to see on full screen <<<We Booked a Profit of Rs.5000/-
>>> ORIENTBANK <<<
>>> Click the chart to see on full screen <<<Profit so Far Rs.10,000. More rally coming soon.
>>> DLF - Send on Whatsup - on Friday <<<
>>> Click the chart to see on full screen <<<Above chart was send to all whatsup clients - Holding the Long still and expect a Good Rally next week.
>>> Performance for the month end of May, 2015 <<<
>>> Click the image to see on full screen <<<For details of our service - Send email to niftyforall@yahoo.com or chat with us on whatsup @ 9677924975
