Monday, November 09, 2015

Relief Rally (Diwali) Rally - till 7988 or 8055

Dear All,

>>> Nifty Hourly Chart <<<

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

Covered our Short with 500 Points Profit. We have initiated short @ 8320 and covered today near 7800.
Now above hourly chart says, recovery on card. RSI on the edge of break out, Price may test 7988 or 8055 as a relief rally or diwali rally.

>>> YESBANK - Posted Last Week <<<

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

Wrote last week - We have shorted Yes Bank. See what happened.

>>> YESBANK - Booked Profit <<<

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

Booked full profit @ 740.

>>> SBIN - Posted on Weekly Review <<<

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

Wrote on Weekly Review - We are long on SBIN, looking for a target of 248. See what happened today.

>>> SBIN - Happened <<<

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

Booked Profit @ 248. Cheers!!!