Saturday, January 02, 2016

Weekly Review - 04.01.2016

Dear All,

>>> Nifty Weekly Chart <<<

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

Price moving above 100 Week moving average. 7965 Key Resistance, if Price able to hold above it, Next Possible move till 8097.

>>> Nifty Daily Chart <<<

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

Price closed above 50DMA. Now Price should cross key resistance 7965,8040 & 8097.

>>> Nifty Hourly Chart <<<

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

Hourly chart - moving on the last leg with raising wedge. Break above may trigger some more rally. Break below may trigger sell off.

>>> Bank Nifty Weekly Chart <<<

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

Bank Nifty to face a key resistance from 17090 and 17495.

>>> Bank Nifty Hourly Chart <<<

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

Key Resistance 17090 and 17110. Cross above may reach till next resistance 17325.

>>> CENTURYTEX - DAILY CHART <<<

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

Above 605, price zoomed till 619.50, top of the expanding triangle. If Price fails to cross the top of the channel - may correct. Above channel top, rally to continue.

>>> Performance for the month end of Dec, 2015 <<<

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

For details of our service write to niftyforall@yahoo.com or whatsapp @ 9677924975