Wednesday, September 16, 2015

Fed Ahead - Caution - More Volatile Pending

Dear All,

>>> Nifty Hourly Chart - Posted on 08th Sep, 2015 <<<

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

On 08th Sep, 2015 - Posted the above chart & Wrote clearly that we are long in Nifty - See what happened !!!

>>> Nifty Hourly - Happened <<<

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

Yes we have booked our long today near 7950. So what's Next.

Above chart shows a Ascending Triangle like pattern - if holds rally to continue, Else may test the bottom channel as shown on chart. Any rally above 7950 may take nifty towards 8080.

>>> Bank Nifty Hourly - Posted on 08th Sep, 2015 <<<


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

Above chart was posted on 08th Sep and wrote we are long in Bank Nifty from 16100 onwards. See what happened.

>>> Bank Nifty Hourly Chart - Happened <<<

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

We are long from 16100, We made a Profit booking today at 17000 with almost 900 points profit.
now same like Nifty - Bank nifty also making an ascending triangle like pattern, if holds - rally to continue or else may test the below channel before next bounce. Lets wait for the Interesting Friday - Cheers!!!