Sunday, October 07, 2018

Weekly Review - 08th October 2018

Dear All,

>>> NIFTY Weekly Chart <<<

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

It was a Painful fall as Wave C. Its a Confused movement since Feb 2018 - Where the move can't be analysed - with lot of choppiness and volatile. Break below 50WMA - may test 100 WMA also.

>>> NIFTY Daily Chart <<<

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

If the trend line manages to hold, may even get sold off at every bounce. We need a Valid break out for a confidence Bull move.

>>> NIFTY Hourly Chart <<<

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

10180-190 if holds - Expect a Good Bounce back rally.

>>> Bank Nifty Weekly Chart <<<

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

May break 100 WMA or 24000 also.


>>> Bank Nifty Daily Chart <<<

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

Support Channel if holds - Expect a Dead Cat bounce rally.

>>> Bank Nifty Hourly Chart <<<

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

Bank Nifty Support 24240 & 23960

>>> NIFTY - MidCap50 - Daily Chart <<<

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

4370 must hold for a relief rally - Else may trigger another 280-300 Points Fall.

>>> CNX PSUBank - Hourly Chart <<<

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

Possible reversal ahead, Support @ 2620. Cheers!!!

>>> N4A & Whatsapp <<<


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