Monday, June 29, 2015

Key Resistance 8330

Dear All,

>>> Nifty Hourly - Posted on Weekly Review <<<

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

Posted the above chart on weekly review - Said the importance of the Channel and RSI. See what happened.

>>> Nifty Hourly - Happened <<<

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

Market Opened up with a big gap down and We booked almost a 200 Points Profit today.
Above chart shows the Gap has filled and the Resistance line must be crossed for any upmove. Else fall may continue.

>>> LT - Posted on Weekly Review <<<

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

We wrote to sell LT. See what happened !!!

>>> LT - Happened <<<

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

As Expected Price Fell on the opening Bell. We Booked on the First Target with a Profit of Rs.6875/-

>>> Biocon - Posted on Weekly Review <<<

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

Wrote about trend line support for Biocon. See what happened.

>>> BIOCON - Happened <<<

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

As expected Price broken the trend line. We booked Rs.10,000 Profit. Cheers!!!