Monday, May 16, 2016

Crossed 7840 - Next Resistance @ 7890

Dear All,

>>> Nifty Hourly Chart <<<

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

We are long with lot of patience. Today Price able to cross above 7840 after getting support from 7770 shows the confidence of the bulls. Tomorrow if able to cross above 7890 and 7920 - Expect more Rally and short covering.

>>> Bank Nifty Hourly Chart <<<

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

Long in Bank Nifty also. Waiting for a good Rally. Cheers!!!