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Sunday, June 18, 2017

Weekly Review - 19th June, 2016

Dear All,


>>> Nifty-Weekly-Chart <<<

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

Price Unable to cross the crucial resistance @ 9660 on Weekly basis.

>>> Nifty-Daily-Chart <<<

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

Daily Chart shows Support @ 9560 & 9530. Resistance 9800 and 9925.

>>> Nifty-Hourly-Chart <<<

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

Support 9560 and 9530 if manage to hold - Should cross above 9620 and 9660 for a Rally.

>>> Bank-Nifty-Daily-Chart <<<

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

Price made a clear break out above channel shows a lot more rally pending.

>>> CNX-PSUBank-Daily-Chart <<<

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

Last week also wrote - PSU Bank Index on a Crucial Support @ 3420. Break below may trigger correction in all PSU Bank Stocks.

>>> CNX-PSUBANK-Hourly-Chart <<<

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

150+ Points Rally Possible if manage to hold 3420. All PSU Bank Stocks may also rally.

>>> CanBK-Hourly-Chart - Profit Booked Rs.17000/- <<<

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

Booked Profit 17K on CanBK Long. Possible rally if trades above 356 and 358.

>>>CNX-IT-Daily-Chart <<<

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

Nifty IT Failed to hold 10330 and followed by a good correction on TCS. Next Support @ 10140.

>>> INFY-Hourly-Chart - Posted on 12th June, 2017 <<<

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

Wrote on 12th June - INFY may really.

>>> INFY - SL hit and Exited <<<

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

We have exited long. Next support @ 930-32.

>>> ASIANPAINTS - HOLDING LONG <<<

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

Holding Long.

>>> CNX-MIDCAP50 - Daily Chart <<<

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


MidCap Index on a Crucial Point 4645-4650. If manage to cross may trigger fresh rally, else may correct 400+ Points, which may trigger a fall in all Mid Cap Stocks.

>>> RelCapital - Hourly Chart <<<

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

Start MidCap Stock - RelCapital - If Corrects - May trigger sell off in MidCap Index too. Lets wait and see.

>>> Performance till 16th June 2017 <<<


Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision