Its Really a tough Volatile and Confusing Move happening in Index. Many views and counts are matching with the current move. Given below is one among them. We may change the view as per movement or even take position against the view expressed here. Please consult your advisors before taking any positions.
>>> NIFTY Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Pattern shows a H&S Broken while counts are showing a Neutral view. We have no position.
>>> Bank NIFTY Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Bank NIFTY on a Double Bottom, If gives a Break out from Falling wedge, Fresh Rally possible.
>>> NIFTY IT Daily Chart <<<
>>> Click the chart to see on full screen <<<
IT Index on a crucial move. Watch all IT Stocks.
>>> N4A <<<