Wednesday, August 12, 2015

Is it a "SELL ON RISE" or "SELL EVERY THING" - What to do !!!

Dear All,

>>> Nifty Daily - As Posted Yesterday <<<

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

Warned Yesterday about the Second Trend line - See what happened.


>>> Nifty Daily - Happened <<<

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

We are short in Nifty from 8540-45, Continue to Hold the Short and advised to add more at higher level. Today Price almost reached 8337. More than 200 Point Profit in 2 Weeks of time.
So what's Next - Chart suggest - the Trend has turned as "Sell on RSI". Price if breaks the Neck line - as shown on above chart - Expect More Fall on Card.

>>> Bank Nifty Daily - As Posted on Weekly Review <<<

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

Wrote on Weekly Review - Trend line resistance may turn into a Bear. See what happened.

>>> Bank Nifty Daily - Happened <<<

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

Nearly a 1000 Points fall in just 2 days. It looks like - nothing is in favour of Bull now. Chart suggest more fall coming. Lets See.

>>> LICHSGFIN - Posted on Weekly Review <<<

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

Wrote - on Weekly REview - We had short on LIC Housing. See what happened.

>>> LICHSGFIN - Happened <<<

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

So far we are in a profit or more than Rs.15000/- Expecting more fall.

>>> ASIAN PAINTS - Posted on Weekly Review <<<

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

Posted on Weekly Review - Chart facing resistance @ 924 and if unable to cross - may trigger a correction. See what happend.

>>> ASIAN PAINTS - Happened <<<

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

Yes - We made Rs.10,000 in just a 3 Day fall.

>>> DISHTV - Posted on Weekly Review <<<

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

As usual - Dish TV also posted on Weekly REview - Just See what happened.

>>> DISHTV - Happened <<<

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

Good Profit of Rs.20,000 made. Cheers!!!