Wednesday, May 25, 2016

Watch 7940 & 7990

Dear All,

>>> Nifty Hourly Chart <<<

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

It was a dazzling rally today. We are long with an average of 7815. Price today made a clear break out as shown on chart. Hence more rally waiting on card.

>>> Bank Nifty Hourly Chart <<<

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

A Clear Break out on Bank Nifty also. We are long since 16640 and waiting for more rally.

>>> SBIN - Posted Yesterday <<<

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

Yesterday said - Price may break out from the wedge.

>>> SBIN - Booked Profit <<<

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

Booked Profit @ 176. Price above 50 HMA - Shows more rally possible. Cheers!!!