>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Head and Shoulder Valid Still and see how the Selling comes near the Resistance line as we have warned many days to stay caution. We are still in short.
Now a minor channel formed - as shown on chart - should break for further selling. Break below the neck line may trigger a heavy selling pressure. We have warned many many days - and still advising caution.
>>> Bank Nifty HOurly - Posted on 05th Aug, 2015 <<<
>>> Click the chart to see on full screen <<<
On 05th Aug, Posted the above chart, wrote clearly - 19000 and the Channel keeps resisting - See what happened today !!!
>>> Bank Nifty Hourly - Happened <<<
>>> Click the chart to see on full screen <<<
As expected - Sudden selling happened today - Price still resisted by the trend line as shown on chart. So expect more such selling in coming days also.
>>> LICHSGFIN - As Posted on Weekly Review <<<
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Wrote on Weekly Review - LIC Housing may fall any time if breaks the trend line - See what happened today !!
>>> LICHSGFIN - Happened <<<
>>> Click the chart to see on full screen <<<
Price if continue to hold below the broken trend line as shown on chart - May test the next support line as shown on chart. Cheers!!!