Monday, February 02, 2015

Get Ready for a Relief Rally. Resistance @ 8874 & 8903.

Dear All,

>>> Nifty - Hourly Chart <<<

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

Events day tomorrow. RBI Meet and Delhi Election. If AAP overtakes BJP on opinion poll, Market may Fall heavily. RBI decision looks very important as Budget is nearing. Hence Expect a heavy volatile. As shown on chart, Nifty may take a relief rally and may find its resistance @ 8874 and 8903.

>>> YES BANK - As Posted on Last Weekly Review <<<

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

Yes Bank - We have posted on last weekly Review. We had a short position as shown on above chart. See what happened.

>>> YES BANK - Happened and Yet to <<<

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

Yes Bank slide till 820. We shorted @ 880 on 29th Jan and today we made a Part Booking of Rs.30,000. Above chart shows a Channel support, if breaks and trades below again, fall to continue.

>>> GRASIM <<<

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

We shorted Grasim on 30th Jan, 2015 @ 3900. Holding still.

>>> GAIL <<<

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

Get Ready for a Break Out Rally, Just Buy and enjoy the rally.