Monday, July 20, 2015

Support Holds @ 8561

Dear All,

>>> Nifty Hourly Chart <<<

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As said Support 8561 holding.

>>> ULTRACEMCO - Posted on Weekly Review <<<

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Wrote on Weekly review about Ultra Tech Cement.

>>> ULTRACEMCO - Happened <<<

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So after making an profit - fall till 3211 - Price reversed after Results. Hit SL at 3275. Exited.

>>> GLENMARK <<<

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If the channel top - continue to resist, then fall may start. Else price may continue to rally. We have short position on this stock.

>>> SIEMENS <<<

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Channel got resisted and if price continue to stay below the channel - selling and fall may emerge. Cross above the channel may trigger rally. Cheers!!!