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Tuesday, January 19, 2016

7350-60 Should Hold for a Good Rally ?!?!?!

Dear All,

>>> NIFTY DAILY - Posted Yesterday <<<

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

Posted Yesterday that Nifty might have bottomed out. See what happened today.

>>> NIFTY DAILY - Happened <<<

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

Price jumped form the Channel Support, Need hold the support 7350-60 for a good rally. We are long since yesterday.

>>> AXISBANK - Daily Chart <<<

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

Yes - We are long in Axis Bank - Price completed last leg of fall as 1-5. More Short Covering and Rally possible. We are long in Axis Bank also for a good Profit. Cheers!!!