Wednesday, June 01, 2016

8200 - Still Resisting

Dear All,

>>> Nifty Hourly Chart <<<

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

RSI and Price - Getting Resisted @ the channel. Need more confirmation for any further decision.

>>> Bank Nifty Hourly Chart <<<

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

Bank Nifty resisted @ 17620 and continue to fall. If unable to cross above again - trigger some more correction. Lets wait and see. Cheers!!!