>>> COPPER - DAILY CHART <<<
>>> Click the chart to see on full screen <<<
Now Sell Copper @ 360 and also Sell on Every Rise with a SL of 384. Target as given on chart. Happy Selling. Cheers!!!
Wednesday, March 18, 2015
Sell Copper @ 360. SL above 384. Target 300 ??
Dear All,
>>> COPPER - DAILY CHART <<<
Now Sell Copper @ 360 and also Sell on Every Rise with a SL of 384. Target as given on chart. Happy Selling. Cheers!!!
>>> COPPER - DAILY CHART <<<
Now Sell Copper @ 360 and also Sell on Every Rise with a SL of 384. Target as given on chart. Happy Selling. Cheers!!!
Support @ 8613 & 8592
Dear All,
>>> Nifty Hourly <<<
Great Start on the monring, Price move up, Later - Price unable to hold. Previous such move shows 50 Hour Moving Average should be crossed for a continuous pull back. So lets wait for it.
>>> SBIN <<<
Price comfortably moving above from the channel support. RSI should confirm the trend. Expect a good rally. Cheers!!!
>>> Nifty Hourly <<<
>>> Click the chart to see on full screen <<<
Great Start on the monring, Price move up, Later - Price unable to hold. Previous such move shows 50 Hour Moving Average should be crossed for a continuous pull back. So lets wait for it.
>>> SBIN <<<
>>> Click the chart to see on full screen <<<
Price comfortably moving above from the channel support. RSI should confirm the trend. Expect a good rally. Cheers!!!
Tuesday, March 17, 2015
Worst is Over ??? Get Ready for Rally !!!
Dear All,
>>> Nifty Hourly - As Posted Yesterday <<<
Yesterday wrote clearly - 8613 and 8590 as a clear support. See what happened.
>>> Nifty Hourly - Happened and Yet to <<<
Clear Break out on RSI. If Price can able to hold above 50 HMA - then Short Covering and Fresh Rally on Card. Just Buy.
>>> Bank Nifty Hourly - As Posted Yesterday <<<
It was a clear message from Bulls Yesterday - See what happened ?
>>> Bank Nifty Hourly - Happened and Yet to <<<
Clear break out form Wedge and RSI. Price above 50 HMA. Nothing more to say. Get REady for a Rally. Cheers!!!
>>> Nifty Hourly - As Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
Yesterday wrote clearly - 8613 and 8590 as a clear support. See what happened.
>>> Nifty Hourly - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
Clear Break out on RSI. If Price can able to hold above 50 HMA - then Short Covering and Fresh Rally on Card. Just Buy.
>>> Bank Nifty Hourly - As Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
It was a clear message from Bulls Yesterday - See what happened ?
>>> Bank Nifty Hourly - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
Clear break out form Wedge and RSI. Price above 50 HMA. Nothing more to say. Get REady for a Rally. Cheers!!!
Monday, March 16, 2015
Support @ 8612 & 8592
Dear All,
>>> Nifty Hourly Chart <<<
Channel Support if Holds, Expect a recovery. 8612 or 8590 Act as a good support.
>>> Bank Nifty - Hourly Chart <<<
Looks like an Expanding Triangle. RSI on Clear Break Out. So all together - Get ready if the wedge breaks out on Price, Short Covering and Rally.
>>> DRREDDY - As Posted on 10th March, 2015 <<<
Wrote on 10th march to Sell DrReddy. See what happened ?
>>> DRREDDY - Happened <<<
We shorted @ 3468 and today made a low of 3301. Profit so far Rs.21000.
>>> COLPAL - As Posted on Weekly Review <<<
Wrote on weekly review - Stock completed its rally as 1-5. See what happened ?
>>> COLPAL - Happened and Yet to <<<
Made a Small Profit of Rs.8750 or 70 Points fall from 2105. Expect more fall. Sell on rise. Cheers!!!
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Channel Support if Holds, Expect a recovery. 8612 or 8590 Act as a good support.
>>> Bank Nifty - Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Looks like an Expanding Triangle. RSI on Clear Break Out. So all together - Get ready if the wedge breaks out on Price, Short Covering and Rally.
>>> DRREDDY - As Posted on 10th March, 2015 <<<
>>> Click the chart to see on full screen <<<
Wrote on 10th march to Sell DrReddy. See what happened ?
>>> DRREDDY - Happened <<<
>>> Click the chart to see on full screen <<<
We shorted @ 3468 and today made a low of 3301. Profit so far Rs.21000.
>>> COLPAL - As Posted on Weekly Review <<<
>>> Click the chart to see on full screen <<<
Wrote on weekly review - Stock completed its rally as 1-5. See what happened ?
>>> COLPAL - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
Made a Small Profit of Rs.8750 or 70 Points fall from 2105. Expect more fall. Sell on rise. Cheers!!!
Sunday, March 15, 2015
Weekly Review 16.03.2015
Dear All,
The raising consumer inflation raised concern about Next Rate Cut and sudden increase in Bond Yield - made the market nervous.
A raising bond yield doesn't sound good for a Rate Cut and reacted on a negative side for Bank Nifty to slide.
The SENSEX has already slipped as much as 1521 points from its record high of 30024.74 hit earlier in the month of March. Pressure on rupee, concerns over key bills and sooner-than-expected interest rate hike by the US Federal Reserve made investors cautious.
The sharp correction this week was primarily due to global risk-off trade, triggered by fear the US Federal Reserve would advance an interest rate increase. The panic led to sell-off in emerging markets and risky assets, as well as a surge in the dollar. Fund tracking firm EPFR pegged outflows in Asia emerging market funds at $2.4 billion.
Foreign institutional investor (FII) outflows from the Indian market were muted. FIIs bought shares worth Rs 67 crore, while their domestic counterparts sold shares worth an equal amount, according to provisional exchange data.
Analysts say the market has come under pressure due to weak corporate earnings and lack of near-term triggers in the Union Budget.
Analysts say most positive reports have been priced in, as Indian markets are trading at about 10 per cent above their long-term valuations. The Sensex is trading at 17 times its one-year forward earnings estimate.
Meanwhile Overseas investors have pumped in nearly Rs 14,000 crore into the Indian capital markets within a fortnight of this month, taking the total inflow to around Rs 72,000 crore since the beginning of the year.
The analysts expect the inflows to accelerate further going ahead following the passage of the Insurance Bill in Parliament and assurances in the Union Budget to revisit controversial issues like General Anti-Avoidance Rule (GAAR).
The latest inflow takes the foreign investments in the country's capital markets (equity and debt segments) to Rs 71,958 crore ($11.63 billion) so far this year
>>> Nifty Weekly Chart <<<
RSI made a Break down. Price needs to break below the trend line for a bearish confirmation. 15 Week Moving Average should be watched as usual.
>>> Nifty Daily Chart <<<
Immediate support @ 8590, If breaks then 8468 or 8450 should be the next Support.
>>> Nifty Hourly Chart <<<
8590 Looks important for Bulls. If 8590 Breaks Price may fall till 8468 or 8450. Else there can be a bounce as relief rally.
At the same time, there are chances for Nifty to move till 8290 on the downside as a-b-c to fill a gap left as shown on chart. As expected if there is any relief rally - it must be used for exiting Longs or Selling at higher level.
>>> Bank Nifty Daily Chart <<<
On 04th March we had a short on bank Nifty @ 20,000 - 20300 Level. Now the Price almost near the final Target 18500. Almost a 1500 Points Profit.
Above chart looks like a Head and shoulder, If this is not wrong, Just imagine what shall be the next ?.
Trend Line and 100 Day Moving Average should rescue the Bulls now. Else Disaster to continue.
>>> Bank Nifty Hourly Chart <<<
FAN on the chart clearly reveals how the price resisted at every time and breaks the support to fall every time. If the Price doesn't holds the bottom most fan, fall to continue.
Bank Nifty has given to us almost 2500 Points Profit on last 2 calls.
>>> STOCK PERFORMANCE of the Week <<<
>>> DRREDDY Daily Chart - As Posted on 10th March, 2015 <<<
Wrote on 10th March, 2015 to Sell DrReddy. See what happened.
>>> DRREDDY - Hourly Chart - Happened and Yet to <<<
Break below the trend line may trigger a free fall. We had a Part Booking for Rs.12500. More fall likely. Sell on every rise.
>>> COLPAL <<<
We are in short from 2110 onwards. Price completed its 1-5 Rally. Expecting a fall form here. Sell on ever rise.
>>> Rcom - As Posted on 12th March, 2015 <<<
Continue to hold Rcom. Break out on Both Price and RSI. Rally coming soon.
>>> EXIDEIND <<<
After completing the rally as 1-5 wave, Price broken the channel and confirmed the bearish side. As shown on chart - A Throw Back on Price - Giving a Selling Opportunity. Just Sell on Rise.
>>> PERFORMANCE till 13th March, 2015 <<<
For details of Service - send email to niftyforall@yahoo.com
The raising consumer inflation raised concern about Next Rate Cut and sudden increase in Bond Yield - made the market nervous.
A raising bond yield doesn't sound good for a Rate Cut and reacted on a negative side for Bank Nifty to slide.
The SENSEX has already slipped as much as 1521 points from its record high of 30024.74 hit earlier in the month of March. Pressure on rupee, concerns over key bills and sooner-than-expected interest rate hike by the US Federal Reserve made investors cautious.
The sharp correction this week was primarily due to global risk-off trade, triggered by fear the US Federal Reserve would advance an interest rate increase. The panic led to sell-off in emerging markets and risky assets, as well as a surge in the dollar. Fund tracking firm EPFR pegged outflows in Asia emerging market funds at $2.4 billion.
Foreign institutional investor (FII) outflows from the Indian market were muted. FIIs bought shares worth Rs 67 crore, while their domestic counterparts sold shares worth an equal amount, according to provisional exchange data.
Analysts say the market has come under pressure due to weak corporate earnings and lack of near-term triggers in the Union Budget.
Analysts say most positive reports have been priced in, as Indian markets are trading at about 10 per cent above their long-term valuations. The Sensex is trading at 17 times its one-year forward earnings estimate.
Meanwhile Overseas investors have pumped in nearly Rs 14,000 crore into the Indian capital markets within a fortnight of this month, taking the total inflow to around Rs 72,000 crore since the beginning of the year.
The analysts expect the inflows to accelerate further going ahead following the passage of the Insurance Bill in Parliament and assurances in the Union Budget to revisit controversial issues like General Anti-Avoidance Rule (GAAR).
The latest inflow takes the foreign investments in the country's capital markets (equity and debt segments) to Rs 71,958 crore ($11.63 billion) so far this year
>>> Nifty Weekly Chart <<<
>>> Click the chart to see on full screen <<<
RSI made a Break down. Price needs to break below the trend line for a bearish confirmation. 15 Week Moving Average should be watched as usual.
>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
Immediate support @ 8590, If breaks then 8468 or 8450 should be the next Support.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
8590 Looks important for Bulls. If 8590 Breaks Price may fall till 8468 or 8450. Else there can be a bounce as relief rally.
At the same time, there are chances for Nifty to move till 8290 on the downside as a-b-c to fill a gap left as shown on chart. As expected if there is any relief rally - it must be used for exiting Longs or Selling at higher level.
>>> Bank Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
On 04th March we had a short on bank Nifty @ 20,000 - 20300 Level. Now the Price almost near the final Target 18500. Almost a 1500 Points Profit.
Above chart looks like a Head and shoulder, If this is not wrong, Just imagine what shall be the next ?.
Trend Line and 100 Day Moving Average should rescue the Bulls now. Else Disaster to continue.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
FAN on the chart clearly reveals how the price resisted at every time and breaks the support to fall every time. If the Price doesn't holds the bottom most fan, fall to continue.
Bank Nifty has given to us almost 2500 Points Profit on last 2 calls.
>>> STOCK PERFORMANCE of the Week <<<
>>> DRREDDY Daily Chart - As Posted on 10th March, 2015 <<<
>>> Click the chart to see on full screen <<<
Wrote on 10th March, 2015 to Sell DrReddy. See what happened.
>>> DRREDDY - Hourly Chart - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
Break below the trend line may trigger a free fall. We had a Part Booking for Rs.12500. More fall likely. Sell on every rise.
>>> COLPAL <<<
>>> Click the chart to see on full screen <<<
We are in short from 2110 onwards. Price completed its 1-5 Rally. Expecting a fall form here. Sell on ever rise.
>>> Rcom - As Posted on 12th March, 2015 <<<
>>> Click the chart to see on full screen <<<
Continue to hold Rcom. Break out on Both Price and RSI. Rally coming soon.
>>> EXIDEIND <<<
>>> Click the chart to see on full screen <<<
After completing the rally as 1-5 wave, Price broken the channel and confirmed the bearish side. As shown on chart - A Throw Back on Price - Giving a Selling Opportunity. Just Sell on Rise.
>>> PERFORMANCE till 13th March, 2015 <<<
>>> Click the image to see on full screen <<<
For details of Service - send email to niftyforall@yahoo.com
Thursday, March 12, 2015
Above 8781, See 8845 & 8897
Dear All,
>>> Nifty Hourly - As Posted Yesterday <<<
Wrote Yesterday - for a possible rally with a support at 8677, mentioned to test the three resistance given above on chart. See what happened ?
>>> Nifty Hourly - Happened and Yet to <<<
First Target Done. Cross above 8781 may see next two resistance like 8845 & 8898.
>>> Rcom <<<
Break Out and Break Out - We are Long. Just Buy buy and Buy. Cheers!!!
>>> Nifty Hourly - As Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
Wrote Yesterday - for a possible rally with a support at 8677, mentioned to test the three resistance given above on chart. See what happened ?
>>> Nifty Hourly - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
First Target Done. Cross above 8781 may see next two resistance like 8845 & 8898.
>>> Rcom <<<
>>> Click the chart to see on full screen <<<
Break Out and Break Out - We are Long. Just Buy buy and Buy. Cheers!!!
Wednesday, March 11, 2015
Support 8677 - Holding.
Dear All,
Support holding at 8766. Though the above counting not looking clear as the 5th leg looks extensive and longer than 3rd one. Since RSI and 8677 keep holding, bounce looks promising.
>>> click the chart to see on full screen <<<
Support holding at 8766. Though the above counting not looking clear as the 5th leg looks extensive and longer than 3rd one. Since RSI and 8677 keep holding, bounce looks promising.
Tuesday, March 10, 2015
Just a Relief Rally - Resistance 8744, 8785 & 8818
Dear All,
>>> Nifty Hourly - As Posted Yesterday <<<
Wrote Yesterday - More downside possible. Lets see whats next ?
>>> Nifty Hourly - Happened and Yet to <<<
Current fall looks like 1-5. Hence the 3 wave completed near 8680 and a corrective upmove should happen as a relief rally. Now 8744,8785 and 8818 may act as a resistance. So the pattern looks still as a sell on rise.
>>> DRREDDY <<<
Just Sell on Every Rise. More fall Likely. Cheers!!!
>>> Nifty Hourly - As Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
Wrote Yesterday - More downside possible. Lets see whats next ?
>>> Nifty Hourly - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
Current fall looks like 1-5. Hence the 3 wave completed near 8680 and a corrective upmove should happen as a relief rally. Now 8744,8785 and 8818 may act as a resistance. So the pattern looks still as a sell on rise.
>>> DRREDDY <<<
>>> Click the chart to see on full screen <<<
Just Sell on Every Rise. More fall Likely. Cheers!!!
Monday, March 09, 2015
Support @ 8590 & 8450
Dear All,
Stocks fell and the dollar held firm on Monday in the wake of forecast-beating US jobs numbers that stoked expectations the Federal Reserve could raise interest rates sooner than previously thought.
In Europe, most euro zone government bond yields fell on the first day of the European Central Bank's 1 trillion euro bond-buying programme.
The US economy added 295,000 new jobs in February — more than forecast — and the unemployment rate fell to a more than 6 1/2-year low of 5.5 per cent from 5.7 per cent in January.
This raised expectations the Fed would at its March meeting drop a reference to 'patience' on the timing of a rate hike, opening the door for a rate rise in June.
>>> Nifty - Hourly Chart <<<
It was a bloody sell off in the Dalal Street. All immediate Supports broken and the entire shape changed the way it was earlier. So also our counts. Price breaks 50 and 100 Hour Moving Averages - tells us the strength of bear.
So whats Next ?
Now the move till 9117 may be wave B and the present fall looks like Wave C. Hence the fall can be towards 8590 and if breaks then 8450 also possible.
>>> Bank Nifty - Hourly Chart <<<
Price below 50 and 100 hma. Bank Nifty too looking weak. Hence if trades below 19111, may test 17860 very soon. Cheers!!!
Stocks fell and the dollar held firm on Monday in the wake of forecast-beating US jobs numbers that stoked expectations the Federal Reserve could raise interest rates sooner than previously thought.
In Europe, most euro zone government bond yields fell on the first day of the European Central Bank's 1 trillion euro bond-buying programme.
The US economy added 295,000 new jobs in February — more than forecast — and the unemployment rate fell to a more than 6 1/2-year low of 5.5 per cent from 5.7 per cent in January.
This raised expectations the Fed would at its March meeting drop a reference to 'patience' on the timing of a rate hike, opening the door for a rate rise in June.
>>> Nifty - Hourly Chart <<<
>>> Click the chart to see on full screen <<<
It was a bloody sell off in the Dalal Street. All immediate Supports broken and the entire shape changed the way it was earlier. So also our counts. Price breaks 50 and 100 Hour Moving Averages - tells us the strength of bear.
So whats Next ?
Now the move till 9117 may be wave B and the present fall looks like Wave C. Hence the fall can be towards 8590 and if breaks then 8450 also possible.
>>> Bank Nifty - Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Price below 50 and 100 hma. Bank Nifty too looking weak. Hence if trades below 19111, may test 17860 very soon. Cheers!!!
Friday, March 06, 2015
Weekly Review - 09.03.2015
Dear All,
Indian Market Edged higher during the week as investors reacted positively to the Budget. The repo rate cut (of 25 basis points) by the RBI on Wednesday lifted Sensex and Nifty to record highs, but profit taking pared gains.
Experts feel the market is overbought for now, and could see a correction on technical factors. With two major triggers—Budget and rate cut—out of the way, the focus will once again shift to corporate earnings.
Core sector growth weakened considerably in January, and economists are anticipating a dismal index of industrial production (IIP) reading for the month. By extension, this means that earnings growth for this quarter is likely to be subdued.
Realty, consumer durables, auto and IT were among the underperforming sectors during the week. Power and FMCG shares firmed, and investors showed a marked preference for small and midcap shares.
>>> Nifty Weekly Chart - As Posted Last Weekly Review <<<
Wrote on last weekly review about the possibilities for Nifty to move up higher after the formation of a DOJI. see what happened then ?
>>> Nifty Weekly Chart - Happened and Yet to <<<
High Possibilities of touching the channel top as shown on chart. A Red Doji on last week, signals some sort of Caution. So lets see how the bulls may gain - as per daily chart.
>>> Nifty Daily Chart - As Posted Last Weekly Review <<<
A Dragon Fly Doji on daily chart at the Last week end, gave confidence for a further upmove. See what happened, there after ?
>>> Nifty Daily Chart - Happened and Yet to <<<
If you are a regular reader or our blog, You might be well aware that we are long in Nifty since 8530. We also booked full 500 Points Profit. So what's Next is a big question again.
Nifty resisted @ 9119 or 61.8% golden retrace as shown on above chart. RSI had a confused pattern - both a break out and break down.
But as per EW - I strongly believe that Nifty. if able to cross again the resistance 9119, then 9290 and 9510 possible on the higher side very soon.
Traders must avoid Short position at current level. Should buy on every dips for the given target as per the chat given above.
>>> Nifty Hourly Chart <<<
8840 or the Trend Line should support Nifty now.
>>> Bank Nifty Hourly - As Posted on 04th March, 2015 <<<
Posted on 04th March, 2015. We have shorted Bank Nifty near 20,000. See what happened.
>>> Bank Nifty Hourly - Happened and Yet to <<<
It was a good fall, and in just 2 days Bank Nifty gave us more than 500 Points.
So whats next. If 19385 or 50% retrace holds as wave (x), then Upmove should resume. Else Price may test 61.8% retrace near 19111. Immediate Resistance for Bank Nifty @ 19821 & 20021 on the upper side. Cross above these resistance may give bulls strength.
>>> AMBUJA <<<
Ambuja gave us a 10,000 Profit.
>>> CESC <<<
Price getting consolidated for last 6 months as ABC. Wave C fell down as 100% of Wave A. Hence 570 if holds, expect a good and fast short covering very soon.
>>> RCOM <<<
Falling Wedge. Get Ready for a Break Out and Rally.
>>> PERFORMANCE - for the First Week of March, 2015 <<<
For details of Service - Send email to niftyforall@yahoo.com
Indian Market Edged higher during the week as investors reacted positively to the Budget. The repo rate cut (of 25 basis points) by the RBI on Wednesday lifted Sensex and Nifty to record highs, but profit taking pared gains.
Experts feel the market is overbought for now, and could see a correction on technical factors. With two major triggers—Budget and rate cut—out of the way, the focus will once again shift to corporate earnings.
Core sector growth weakened considerably in January, and economists are anticipating a dismal index of industrial production (IIP) reading for the month. By extension, this means that earnings growth for this quarter is likely to be subdued.
Realty, consumer durables, auto and IT were among the underperforming sectors during the week. Power and FMCG shares firmed, and investors showed a marked preference for small and midcap shares.
>>> Nifty Weekly Chart - As Posted Last Weekly Review <<<
>>> Click the chart to see on full screen <<<
Wrote on last weekly review about the possibilities for Nifty to move up higher after the formation of a DOJI. see what happened then ?
>>> Nifty Weekly Chart - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
High Possibilities of touching the channel top as shown on chart. A Red Doji on last week, signals some sort of Caution. So lets see how the bulls may gain - as per daily chart.
>>> Nifty Daily Chart - As Posted Last Weekly Review <<<
>>> Click the chart to see on full screen <<<
A Dragon Fly Doji on daily chart at the Last week end, gave confidence for a further upmove. See what happened, there after ?
>>> Nifty Daily Chart - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
If you are a regular reader or our blog, You might be well aware that we are long in Nifty since 8530. We also booked full 500 Points Profit. So what's Next is a big question again.
Nifty resisted @ 9119 or 61.8% golden retrace as shown on above chart. RSI had a confused pattern - both a break out and break down.
But as per EW - I strongly believe that Nifty. if able to cross again the resistance 9119, then 9290 and 9510 possible on the higher side very soon.
Traders must avoid Short position at current level. Should buy on every dips for the given target as per the chat given above.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
8840 or the Trend Line should support Nifty now.
>>> Bank Nifty Hourly - As Posted on 04th March, 2015 <<<
>>> Click the chart to see on full screen <<<
Posted on 04th March, 2015. We have shorted Bank Nifty near 20,000. See what happened.
>>> Bank Nifty Hourly - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
It was a good fall, and in just 2 days Bank Nifty gave us more than 500 Points.
So whats next. If 19385 or 50% retrace holds as wave (x), then Upmove should resume. Else Price may test 61.8% retrace near 19111. Immediate Resistance for Bank Nifty @ 19821 & 20021 on the upper side. Cross above these resistance may give bulls strength.
>>> AMBUJA <<<
>>> Click the chart to see on full screen <<<
Ambuja gave us a 10,000 Profit.
>>> CESC <<<
>>> Click the chart to see on full screen <<<
Price getting consolidated for last 6 months as ABC. Wave C fell down as 100% of Wave A. Hence 570 if holds, expect a good and fast short covering very soon.
>>> RCOM <<<
>>> Click the chart to see on full screen <<<
Falling Wedge. Get Ready for a Break Out and Rally.
>>> PERFORMANCE - for the First Week of March, 2015 <<<
>>> Click the image to see on full screen <<<
For details of Service - Send email to niftyforall@yahoo.com
Wednesday, March 04, 2015
Support @ 8895 & 8840
Dear All,
>>> Nifty - Hourly <<<
We have two alternative on the above given chart. 9117 acts as a Resistance, completed 1-5 upmove. On the other side the alternative says abc-x-abc pattern move may give support @ 8995 and 8840. If the mentioned support holds, then expect once more upmove also.
>>> Bank Nifty - Hourly <<<
Yes We have Shorted Today Bank Nifty near 20,000. Almost made a 500 Points intraday itself. Now if breaks 19500 more fall ahead.
>>> AMBUJA <<<
We are in Short from 282. Also we made a Part Booking of Rs.5000. Expect More fall. Sell on Rise. Cheers!!!
>>> Nifty - Hourly <<<
>>> Click the chart to see on full screen <<<
We have two alternative on the above given chart. 9117 acts as a Resistance, completed 1-5 upmove. On the other side the alternative says abc-x-abc pattern move may give support @ 8995 and 8840. If the mentioned support holds, then expect once more upmove also.
>>> Bank Nifty - Hourly <<<
>>> Click the chart to see on full screen <<<
Yes We have Shorted Today Bank Nifty near 20,000. Almost made a 500 Points intraday itself. Now if breaks 19500 more fall ahead.
>>> AMBUJA <<<
>>> Click the chart to see on full screen <<<
We are in Short from 282. Also we made a Part Booking of Rs.5000. Expect More fall. Sell on Rise. Cheers!!!
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