Wednesday, February 11, 2015

More Rally above 8646 ?!?!

Dear All,

>>> NIFTY - As Posted Yesterday <<

>>> Click the chart to see on full screen <<<
Wrote Yesterday - Need Nifty may bounce back. See what happened ?

>>> NIFTY - Happened and Yet to <<<

>>> Click the chart to see on full screen <<<
As expected Price rallied and RSI on a good break out. Now price should break above 8646 for a rally towards 8671,8733 and 8795.

>>> Bank Nifty - As Posted Yesterday <<<

>>> Click the chart to see on full screen <<<
Wrote on Bank Nifty also to expect a bounce back, after RSI gave a good break out. See what happened.

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

>>> Click the chart to see on full screen <<<
Price rallied still 19051 and expect more such upmove.

>>> HEXAWARE <<<

>>> Click the chart to see on full screen <<<
Almost completed 1-5 Rally. Now if channel can't break out, Expect a good Sell Off. Cheers!!!