Wednesday, May 27, 2015

Support @ 8272. Resistance @ 8372 & 8431

Dear All,

>>> Nifty Hourly Chart <<<

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

As expected Nifty holding 8272. Now expect a pull back rally if the channel or 8272 holds, as shown on chart. Key Resistance 8372 and 8431.

>>> Bank Nifty Hourly Chart <<<

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

We are long in Bank Nifty from 18360, with 200 Points Profit. Expect more rally above 18645 level. Cheers!!!