Wednesday, March 16, 2016

Support Taken @ 7406. Next Resistance @ 7525

Dear All,

>>> Nifty Hourly Chart <<<

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

As given Yesterday Price got support @ 7406 and bounced back to test the channel as shown on chart. Now 7525 act as a stiff resistance.

>>> Tata Motors - as Posted Yesterday <<<

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

Wrote Yesterday - Tata Motor to correct. See what happened today.

>>> Tata Motors - Happened <<<

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

Have booked some profit near 153. Re-entered again at higher rate. Lets wait and see. Cheers!!!