>>> Nifty Weekly Chart <<<
>>> Click the chart to see on full screen <<<
Its a clear break out from RSI - But still price need to confirm the same for a clear rally. Price above 50 Week Moving Average may also help the bulls.
>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
Explanation on chart. To make it simple - Trend line to decide the trend.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Hourly Chart giving us a different view. RSI - for the last 4 days moving negatively while price stays below the upper channel. If price cross above the channel may trigger a Short covering and Fresh Buying. Else if RSI break the trend line as shown on chart - Sell off may start.
>>> Bank Nifty Weekly <<<
>>> Click the chart to see on full screen <<<
Need more confirmation from Price and RSI for Next move.
>>> Bank Nifty Daily <<<
>>> Click the chart to see on full screen <<<
Key Resistance 17480 or Channel Top should cross for a good rally.
>>> BIOCON <<<
>>> Click the chart to see on full screen <<<
More fall expected on Biocon, if Price breaks the Trend line as shown on chart.
>>> LT <<<
>>> Click the chart to see on full screen <<<
Caution Advised on LT - Cross above the Channel Resistance may see Rally.
>>> Performance till 26th June, 2015 <<<
