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Wednesday, November 30, 2016

Next Resistance @ 8257 & 8337

Dear All,

>>> Nifty Daily Chart - Price Crossed above 200 DMA <<<

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

Price managed to cross above 200 DMA - shows more rally coming. RSI gave a clear break out. Next Resistance @ 8257 & 8337.

>>> Bank Nifty Hourly Chart - We are Long <<<

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

We are long with nearly 300+ Points profit. Price gave a clear break out shows more rally possible.

>>> Axis Bank Hourly - Posted on 28th Nov, 2016 <<<

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

Posted on 28th Nov, 2016 - Axis Bank may rally any time. See what happened.

>>> Axis Bank - Rally Possible - Hold Long <<<

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

Price should break above the triangle - for a fresh rally and short covering.

>>> SBIN - Ready for Break Out <<<

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

We are long in SBIN and holding for a Break out as shown on above chart. Cheers!!!