Tuesday, May 17, 2016

More Rally Above 7940

Dear All,

>>> Nifty Hourly Chart <<<

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

Price need to break above the neck line or 7940 for more rally. 7870 may act as a good support as shown on above chart.

>>> Bank Nifty Hourly Chart <<<

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

We are long and looking for a Good Upmove above the trend line as shown on chart.

>>> RCOM - Hourly Chart <<<

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

Hope the above chart is right as w-x-y down move. If so, Price as shown as a break out may be an valid one, can rally further also. We are long and expecting and rally from here. Cheers!!!