Tuesday, April 28, 2015

Copper - Just Sell & Hold. Free Fall to Start any time

Dear All,

>>> Copper Daily Chart <<<

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

Just Sell Sell Sell Copper. If unable to Cross above 399, then Free Fall to Start any time. Just Sell. Cheers!!!

Is this a - Relief Rally or Reversal Rally ????

Dear All,

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<
Price clearly resisted at the trend line today as shown on above chart. Today's Rally topped out @ 8307 and down nearly 42 Points from the trend line. The Neck Line (2nd Straight Line) may act as a stiff resistance near 8350-60. Cross above these two lines may give strength for bulls.

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<
RSI break out confirm the PAUSE on Bear fall. High possibilities of testing all three resistances.

>>> Bank Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<
Looks like a double bottom. Price must cross the trend line for a healthy rally. Cheers!!!