Monday, December 25, 2017

Weekly Review - 26th Dec, 2017

Dear All,


Post BJP Win on Gujarat Election, Nifty tested all time high, Its time to re-evaluate the trend in many other ways. So many alternatives and possibilities are discussed here. Since I am travelling - Can't discuss all the Indices and Stocks. Only NIFTY this week.

>>> Nifty Daily Chart - Alternative One <<<

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

First Alternative - Must Hold above 10490-95 and if crosses above 10530 may trigger another 300 Points Rally.

>>> Nifty Daily Chart - Alternative Two <<<


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

Second Alternative - May be @ ABCDE - Possible Resistance @ 10490 - 10530 - 10665.

>>> Nifty Hourly Chart - Alternative Three <<<

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

Hourly Chart - Give is a Bearish Scenario Alternative. If Price failed to hold above 10495 - a Deep correction may test Gujarat Election Results Day Low - Can't be ruled out.

>>> Nifty Hourly Chart - Alternative Four <<<

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

This alternative shows - a Supper rally till 10600 and 10740.

>>> N4A-Whatsapp <<<

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