>>> Click the chart to see on full screeen <<<
Nickel - looks like some more downside left till the channel. Buy on dips. Cheers!!!
Monday, September 29, 2014
Nickel - More downside Possible. Buy on Dips
Dear All,
Nickel - looks like some more downside left till the channel. Buy on dips. Cheers!!!
Nickel - looks like some more downside left till the channel. Buy on dips. Cheers!!!
Supp 7933 & Resis 8065
Dear All,
Almost no one expects Reserve Bank of India governor Raghuram Rajan to reduce interest rates at the September 30 monetary policy announcement despite all the recent good news. In the year since he took over last September, Rajan has made amply clear he's not swayed by sentiment and that, as the governor said in August, he's determined to quell inflation "once and for all".
This recent good news has included Standard & Poor's upgrading its outlook on India's rating to stable from negative and finance minister Arun Jaitley cutting the government's borrowing target for the fiscal year by Rs 8,000 crore as revenue picks up on the back of a reviving economy and in anticipation of a blockbuster asset-sale programme, besides other money expected to come into the exchequer's coffers and improve government finances.
Rajan has said that he'll keep interest rates unchanged until there are convincing signs of inflation falling to 6% by January 2016. Those seeking signs of a possible easing of policy will look for the socalled 'fan chart' forecasting inflation, which may be pointing lower than in August due to sliding commodity prices and improving government finances.
The consumer price index reflects the drop in shopping bills for potatoes, tomatoes and onions, which are at least 30% lower than their recent peaks. That should comfort Rajan, for whom food prices are a key determinant of monetary policy since it pinches the pockets of more than three fourths of the population.
The key repo rate, at which RBI lends to banks, is at 8%, while SLR is 22%. The cash reserve ratio, the proportion of deposits that has to be kept with the RBI without any interest, is at 4%. The bimonthly monetary policy review is scheduled to be announced on Tuesday at 11 am.
Rajan, who has raised rates thrice since last September, has been adamant that the back of inflation needs to be broken if the country has to get back to the path of sustainable, high economic growth. Unless savers are provided positive real returns, the financial system may become skewed and any interest rate reduction could be temporary, forcing the RBI to reverse its stance quickly.
Although Rajan's stance has drawn protests from industry and short-term investors, the Narendra Modi government has backed him with Jaitley holding off from calling for a reduction in rates.
"The impact of both (coal block penalties and the falling crude price), assuming all other things unchanged, would bring down the fiscal deficit by 18 basis points to 3.95% from the budget estimate of 4.13% for 2014-15," said SK Ghosh, economist at State Bank of India. "With increased earning of the exchequer, the targeted fiscal consolidation roadmap of limiting the same at 3% by fiscal year ending 2017 would be significantly easier to achieve."
>>> Nifty <<<
Choppy Session today. No Direction. So lets wait for the RBI Policy - which may decide the direction. Cheers!!!
Almost no one expects Reserve Bank of India governor Raghuram Rajan to reduce interest rates at the September 30 monetary policy announcement despite all the recent good news. In the year since he took over last September, Rajan has made amply clear he's not swayed by sentiment and that, as the governor said in August, he's determined to quell inflation "once and for all".
This recent good news has included Standard & Poor's upgrading its outlook on India's rating to stable from negative and finance minister Arun Jaitley cutting the government's borrowing target for the fiscal year by Rs 8,000 crore as revenue picks up on the back of a reviving economy and in anticipation of a blockbuster asset-sale programme, besides other money expected to come into the exchequer's coffers and improve government finances.
Rajan has said that he'll keep interest rates unchanged until there are convincing signs of inflation falling to 6% by January 2016. Those seeking signs of a possible easing of policy will look for the socalled 'fan chart' forecasting inflation, which may be pointing lower than in August due to sliding commodity prices and improving government finances.
The consumer price index reflects the drop in shopping bills for potatoes, tomatoes and onions, which are at least 30% lower than their recent peaks. That should comfort Rajan, for whom food prices are a key determinant of monetary policy since it pinches the pockets of more than three fourths of the population.
The key repo rate, at which RBI lends to banks, is at 8%, while SLR is 22%. The cash reserve ratio, the proportion of deposits that has to be kept with the RBI without any interest, is at 4%. The bimonthly monetary policy review is scheduled to be announced on Tuesday at 11 am.
Rajan, who has raised rates thrice since last September, has been adamant that the back of inflation needs to be broken if the country has to get back to the path of sustainable, high economic growth. Unless savers are provided positive real returns, the financial system may become skewed and any interest rate reduction could be temporary, forcing the RBI to reverse its stance quickly.
Although Rajan's stance has drawn protests from industry and short-term investors, the Narendra Modi government has backed him with Jaitley holding off from calling for a reduction in rates.
"The impact of both (coal block penalties and the falling crude price), assuming all other things unchanged, would bring down the fiscal deficit by 18 basis points to 3.95% from the budget estimate of 4.13% for 2014-15," said SK Ghosh, economist at State Bank of India. "With increased earning of the exchequer, the targeted fiscal consolidation roadmap of limiting the same at 3% by fiscal year ending 2017 would be significantly easier to achieve."
>>> Nifty <<<
>>> Click the chart to see on full screen <<<
Choppy Session today. No Direction. So lets wait for the RBI Policy - which may decide the direction. Cheers!!!
Saturday, September 27, 2014
Weekly Review - 29.09.2014
Dear All,
India regains 'stable' outlook from S&P on Modi reform agenda
India regained its "stable" rating from Standard and Poor's on Friday, more than two years after an embarrassing downgrade, in a validation of Prime Minister Narendra Modi's ambitious agenda of economic and fiscal reforms.
S&P had cut India's "BBB-minus" rating to "negative" in April 2012, leaving it on the verge of a "junk" rating. That came to symbolize plummeting investor confidence because of corruption cases and a perception of the political paralysis of the then Congress-led government.
But foreign investor confidence has returned after Modi was elected in May, pledging to revive investments and boost growth. He will travel to the United States later on Friday on his first visit as prime minister, and has meetings lined up with 17 U.S. corporate chiefs.
"The stable outlook for the next 24 months reflects our view that the new government has both the willingness and capacity to implement reforms necessary to restore some of India's lost growth potential, consolidate its fiscal accounts, and permit the Reserve Bank of India to carry out effective monetary policy," S&P explained.
"We could raise the rating if the economy reverts to a real per capita GDP trend growth of 5.5% per year and fiscal, external, or inflation metrics improve. Conversely we may lower the rating if the government's structural reform agenda stalls such that economic growth does not accelerate, or fiscal and debt ratios fail to improve," S&P cautioned.
S&P expects the government to meet its stated fiscal consolidation path. "CAD has improved in recent years post gold import curbs. We see little foreign exchange or roll-over risk for the government," it added.
Commenting on same, Bimal Jalan told ET Now, "S&P upgrading India's outlook is a big positive. I am glad that S&P recognises India's potential to invest & grow." "India's FDI policy regime is stable which attracts investors," he added
Prime Minister Narendra Modi on Thursday defined FDI as he sees it. "For Indians FDI is First Develop India...for foreigners, it is an opportunity," the PM said to an audience of CEOs that packed Delhi's Vigyan Bhawan, where Mr Modi launched his ambitious "Make in India" campaign
The campaign, he said, "is the step of a lion." The logo is a striding lion made of cogs, symbolising manufacturing, strength and national pride. The Make in India campaign aims at turning the country into a global manufacturing hub by smoothening business processes and attracting foreign companies to set up factories in India and invest in the country's infrastructure. The focus, on creating jobs and helping the "poor reach the middle class faster," said the PM
>>> Nifty Daily - As Posted on Last Weekly Review <<<
Wrote last week if 8160 unable to cross then may fall down till 7860. See what happened.
>>> Nifty - Daily - Happened and Yet to <<<
Unable to cross above 8160 and sell triggered. Price made a low of 7841.8 and took support on the trend line as shown on the above chart. If the trend line holds, upmove should continue next week.
>>> Nifty Hourly - As Posted Last Weekly Review <<<
Above chart explains the possibilities of falling towards 7860, See what happened.
>>> Nifty Hourly - Happened and Yet to <<<
As Said last week Nifty down to 7842. The fall was marked as wave C and it was 127.2% of wave A. If the above marking is not wrong, then the pitchfork should support the bulls next week also. Expect more recovery. We are long since 7920 from friday.
>>> Bank Nifty Daily <<<
One of the possibility was given above in bank nifty. If the above count and chart is not wrong, then expect a big bounce from the friday's low.
>>> Bank Nifty - Hourly <<<
Again you can understand the importance of channel. Wave 2 completed as a-b-c. If the channel holds next week, get ready to see a good rally to emerge with fresh buying + short covering.
>>> Rcom <<<
No Comment. We are Long in this counter.
>>> NMDC <<<
Long in NMDC too. Keep Buying.
>>> Performance till 26th Sep, 2014 <<<
send your queries to niftyforall@yahoo.com
India regains 'stable' outlook from S&P on Modi reform agenda
India regained its "stable" rating from Standard and Poor's on Friday, more than two years after an embarrassing downgrade, in a validation of Prime Minister Narendra Modi's ambitious agenda of economic and fiscal reforms.
S&P had cut India's "BBB-minus" rating to "negative" in April 2012, leaving it on the verge of a "junk" rating. That came to symbolize plummeting investor confidence because of corruption cases and a perception of the political paralysis of the then Congress-led government.
But foreign investor confidence has returned after Modi was elected in May, pledging to revive investments and boost growth. He will travel to the United States later on Friday on his first visit as prime minister, and has meetings lined up with 17 U.S. corporate chiefs.
"The stable outlook for the next 24 months reflects our view that the new government has both the willingness and capacity to implement reforms necessary to restore some of India's lost growth potential, consolidate its fiscal accounts, and permit the Reserve Bank of India to carry out effective monetary policy," S&P explained.
"We could raise the rating if the economy reverts to a real per capita GDP trend growth of 5.5% per year and fiscal, external, or inflation metrics improve. Conversely we may lower the rating if the government's structural reform agenda stalls such that economic growth does not accelerate, or fiscal and debt ratios fail to improve," S&P cautioned.
S&P expects the government to meet its stated fiscal consolidation path. "CAD has improved in recent years post gold import curbs. We see little foreign exchange or roll-over risk for the government," it added.
Commenting on same, Bimal Jalan told ET Now, "S&P upgrading India's outlook is a big positive. I am glad that S&P recognises India's potential to invest & grow." "India's FDI policy regime is stable which attracts investors," he added
Prime Minister Narendra Modi on Thursday defined FDI as he sees it. "For Indians FDI is First Develop India...for foreigners, it is an opportunity," the PM said to an audience of CEOs that packed Delhi's Vigyan Bhawan, where Mr Modi launched his ambitious "Make in India" campaign
The campaign, he said, "is the step of a lion." The logo is a striding lion made of cogs, symbolising manufacturing, strength and national pride. The Make in India campaign aims at turning the country into a global manufacturing hub by smoothening business processes and attracting foreign companies to set up factories in India and invest in the country's infrastructure. The focus, on creating jobs and helping the "poor reach the middle class faster," said the PM
>>> Nifty Daily - As Posted on Last Weekly Review <<<
>>> Click the chart to see on full screen <<<
Wrote last week if 8160 unable to cross then may fall down till 7860. See what happened.
>>> Nifty - Daily - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
Unable to cross above 8160 and sell triggered. Price made a low of 7841.8 and took support on the trend line as shown on the above chart. If the trend line holds, upmove should continue next week.
>>> Nifty Hourly - As Posted Last Weekly Review <<<
>>> Click the chart to see on full screen <<<
Above chart explains the possibilities of falling towards 7860, See what happened.
>>> Nifty Hourly - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
As Said last week Nifty down to 7842. The fall was marked as wave C and it was 127.2% of wave A. If the above marking is not wrong, then the pitchfork should support the bulls next week also. Expect more recovery. We are long since 7920 from friday.
>>> Bank Nifty Daily <<<
>>> Click the chart to see on full screen <<<
One of the possibility was given above in bank nifty. If the above count and chart is not wrong, then expect a big bounce from the friday's low.
>>> Bank Nifty - Hourly <<<
>>> Click the chart to see on full screen <<<
Again you can understand the importance of channel. Wave 2 completed as a-b-c. If the channel holds next week, get ready to see a good rally to emerge with fresh buying + short covering.
>>> Rcom <<<
>>> Click the chart to see on full screen <<<
No Comment. We are Long in this counter.
>>> NMDC <<<
>>> Click the chart to see on full screen <<<
Long in NMDC too. Keep Buying.
>>> Performance till 26th Sep, 2014 <<<
>>> Click the image to see on full screen <<<
send your queries to niftyforall@yahoo.com
Thursday, September 25, 2014
7908 if Holds - Recovery to Start. BUY
Dear All,
>>> Nifty - As Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
Wrote a possible bounce next correction to touch 7908. See what happened.
>>> Nifty - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
A recovery till 8024 was short lived and tested 7908. Channel support should give a good recovery. Just Buy.
>>> Nifty - As Posted Yesterday <<<
Wrote a possible bounce next correction to touch 7908. See what happened.
>>> Nifty - Happened and Yet to <<<
A recovery till 8024 was short lived and tested 7908. Channel support should give a good recovery. Just Buy.
Wednesday, September 24, 2014
Correction may Continue - Buy on Dips.
Dear All,
Its really very hard when a correction + rumour + events occur at a same time. Rumours like chinese War like situation + SC verdict on Coal Cancellation + F&O Expiry. As a result Volatile and hence - many might have confused or even frustrated with their trade.
Our support level also not holding for last 2 days. Yesterday given support 8005 and 7990 also broken. So whats next ??
Above chart looks like a Flat Correction with 3-3-5 down move. We are on the C wave - Hence one more upmove for ivth of C wave left followed by a correction towards 7900.
>>> Bank Nifty <<<
If the support 36.2% retrace or 15700 doesn't hold then next possible correction till 15700.
>>> Rpower <<<
Taken support @ 78.6% golden ratio. Just Buy for a good Upmove from here. Cheers!!!
>>> click the chart to see on full screen <<<
Its really very hard when a correction + rumour + events occur at a same time. Rumours like chinese War like situation + SC verdict on Coal Cancellation + F&O Expiry. As a result Volatile and hence - many might have confused or even frustrated with their trade.
Our support level also not holding for last 2 days. Yesterday given support 8005 and 7990 also broken. So whats next ??
Above chart looks like a Flat Correction with 3-3-5 down move. We are on the C wave - Hence one more upmove for ivth of C wave left followed by a correction towards 7900.
>>> Bank Nifty <<<
>>> click the chart to see on full screen <<<
If the support 36.2% retrace or 15700 doesn't hold then next possible correction till 15700.
>>> Rpower <<<
>>> click the chart to see on full screen <<<
Taken support @ 78.6% golden ratio. Just Buy for a good Upmove from here. Cheers!!!
Tuesday, September 23, 2014
Gold - Support @ 26467
Dear All,
Gold Support @ 26467. One can Buy for a good Upmove from here. Cheers!!!
>>> click the chart to see on full screen <<<
Gold Support @ 26467. One can Buy for a good Upmove from here. Cheers!!!
Next Support @ 8005 & 7990
Dear All,
Broken previous support as mentioned yesterday. Now 8005 and 7990 key support as given on the chart above. If these 2 supports breaks then may fall till 7900.
>>> Bank Nifty <<<
My Long on Bank Nifty hit SL at 16020. Next minor Support @ 15890, break below may test 15750 or 15733.
>>> Click the chart to see on full screen <<<
Broken previous support as mentioned yesterday. Now 8005 and 7990 key support as given on the chart above. If these 2 supports breaks then may fall till 7900.
>>> Bank Nifty <<<
>>> Click the chart to see on full screen <<<
My Long on Bank Nifty hit SL at 16020. Next minor Support @ 15890, break below may test 15750 or 15733.
Monday, September 22, 2014
Between 8076 & 8160
Dear All,
Price between 8076 and 8160 - break these level should decide the trend.
>>> Bank Nifty <<<
Clear break out on chart. We have entered long and almost hit our first target. More upside left. Keep buying on dips. Cheers!!!
>>> click the chart to see on full screen <<<
Price between 8076 and 8160 - break these level should decide the trend.
>>> Bank Nifty <<<
>>> click the chart to see on full screen <<<
Clear break out on chart. We have entered long and almost hit our first target. More upside left. Keep buying on dips. Cheers!!!
Friday, September 19, 2014
Weekly Review - 22.09.2014
Dear All,
>>> Nifty - Daily Chart <<<
Above chart simply explains the possibilities of testing the lower end of the channel. So lets see what are the other possibilities on the hourly chart.
>>> Nifty - Hourly Chart <<<
Friday Nifty resisted at 8160, if unable to cross then high possibilities of drifting on the downside. Interim Supports like 8108, 8076, 8050 and 8024 - if breaks then danger ahead. Price may test 7935 and 7860.
>>> Bank Nifty - Hourly Chart <<<
Hope the above chart is very clear and readable. As per chart 16200 looks like a firm resistance. Bulls must cross over to avoid bear attack. Else possibilities of testing 15700 very high. Caution advised for aggressive longs.
>>> Last Week's Stock Performance <<<
>>> Andhra Bank <<<
>>> Biocon <<<
>>> Tata Steel <<<
>>> Rcom <<<
>>> Unitech <<<
>>> Hindustan Petroleum <<<
>>> Performance <<<
Email us on niftyforall@yahoo.com for details.
>>> Nifty - Daily Chart <<<
>>> Click the chart to see on full screen <<<
Above chart simply explains the possibilities of testing the lower end of the channel. So lets see what are the other possibilities on the hourly chart.
>>> Nifty - Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Friday Nifty resisted at 8160, if unable to cross then high possibilities of drifting on the downside. Interim Supports like 8108, 8076, 8050 and 8024 - if breaks then danger ahead. Price may test 7935 and 7860.
>>> Bank Nifty - Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Hope the above chart is very clear and readable. As per chart 16200 looks like a firm resistance. Bulls must cross over to avoid bear attack. Else possibilities of testing 15700 very high. Caution advised for aggressive longs.
>>> Last Week's Stock Performance <<<
>>> Andhra Bank <<<
>>> Click the chart to see on full screen <<<
>>> Biocon <<<
>>> Click the chart to see on full screen <<<
>>> Tata Steel <<<
>>> Click the chart to see on full screen <<<
>>> Rcom <<<
>>> Click the chart to see on full screen <<<
>>> Unitech <<<
>>> Click the chart to see on full screen <<<
>>> Hindustan Petroleum <<<
>>> Click the chart to see on full screen <<<
>>> Performance <<<
>>> Click the image to view on full screen <<<
Email us on niftyforall@yahoo.com for details.
Thursday, September 18, 2014
Next Resistance @ 8125 & 8180
Dear All,
After clarity from FED that record low interest will stay for some more days, Nifty surged today 140 Points. So now its time to look into next resistance. 8125 and 8180 if crossed then no worries for bull. Else we may see correction.
>>> Tata Steel - As Posted Yesterday <<<
Yesterday we have posted this chart and advised to buy. See what happened today.
>>> Tata Steel - Happened and Yet to <<<
Stock rallied almost 20 Points from 490 to 510 and our Profit stood at Rs.20,000. More Rally if break above the given channel.
>>> Rcom - As Posted Yesterday <<<
Said Yesterday - Rcom to turn around from here onwards. See what happened.
>>> Rcom - Happened and Yet to <<<
From 100 to 105 with a Profit so far Rs.10,000. More Action Left. Keep Buying on every dips.
>>> UNITECH <<<
We Booked a Bumper Profit of Rs.42500 today. Unitech Rallied almost 14% near 26.50. Chart shows a clear break out. More rally possible. Keep Buying and enjoy. Cheers!!!
>>> Click the chart to see on full screen <<<
After clarity from FED that record low interest will stay for some more days, Nifty surged today 140 Points. So now its time to look into next resistance. 8125 and 8180 if crossed then no worries for bull. Else we may see correction.
>>> Tata Steel - As Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
Yesterday we have posted this chart and advised to buy. See what happened today.
>>> Tata Steel - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
Stock rallied almost 20 Points from 490 to 510 and our Profit stood at Rs.20,000. More Rally if break above the given channel.
>>> Rcom - As Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
Said Yesterday - Rcom to turn around from here onwards. See what happened.
>>> Rcom - Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
From 100 to 105 with a Profit so far Rs.10,000. More Action Left. Keep Buying on every dips.
>>> UNITECH <<<
>>> Click the chart to see on full screen <<<
We Booked a Bumper Profit of Rs.42500 today. Unitech Rallied almost 14% near 26.50. Chart shows a clear break out. More rally possible. Keep Buying and enjoy. Cheers!!!
Wednesday, September 17, 2014
Resistance @ 8010 & 8030
Dear All,
Key Resistance 8010 and 8030 - If unable to cross then fall to resume once again till 7860. Fed to announce its decision today. Hold your breath and get ready for a roller coaster.
>>> BIOCON <<<
We booked Profit Yesterday @ 480 with Rs.7500. Today Stock hit our Target of 470. Watch the channel, if breaks again, then free fall to start.
>>> Tata Steel - As Posted Yesterday <<<
Wrote Yesterday to Buy Tata Steel - See what happened today !!!
>>> Tata Steel - Happened and Yet to <<<
Yes We booked Part Profit of Rs.10,000 today. So Keep Buying - Fresh Buying and Short covering to come in.
>>> Rcom <<<
Yes we have Booked 5000 Part Profit. Just buy buy and buy again. Nothing Else. Cheers!!!
>>> click the chart to view on full screen <<<
Key Resistance 8010 and 8030 - If unable to cross then fall to resume once again till 7860. Fed to announce its decision today. Hold your breath and get ready for a roller coaster.
>>> BIOCON <<<
>>> click the chart to view on full screen <<<
We booked Profit Yesterday @ 480 with Rs.7500. Today Stock hit our Target of 470. Watch the channel, if breaks again, then free fall to start.
>>> Tata Steel - As Posted Yesterday <<<
>>> click the chart to view on full screen <<<
Wrote Yesterday to Buy Tata Steel - See what happened today !!!
>>> Tata Steel - Happened and Yet to <<<
>>> click the chart to view on full screen <<<
Yes We booked Part Profit of Rs.10,000 today. So Keep Buying - Fresh Buying and Short covering to come in.
>>> Rcom <<<
>>> click the chart to view on full screen <<<
Yes we have Booked 5000 Part Profit. Just buy buy and buy again. Nothing Else. Cheers!!!
Tuesday, September 16, 2014
Support @ 7905 & 7860
Dear All,
Today's fall was a bit fast and hurting too. The ByPoll Results are not in favour of BJP in UP and Rajastan and Two days FED Meet are the reasons sited for the today's Fall. Our Long also hit Stop Loss at 7950.
Now Lets review what's next. Price closed below 38.2% of Fib Level. Channel support 7905 as shown on chart, if breaks then 7860 should be the next support.
>>> Bank Nifty <<<
Bank Nifty Support @ 15830 and 15615.
>>> Tata Steel <<<
Tata Steel is a Buy. Lets See. Cheers!!!
>>> Click the chart to see on full screen <<<
Today's fall was a bit fast and hurting too. The ByPoll Results are not in favour of BJP in UP and Rajastan and Two days FED Meet are the reasons sited for the today's Fall. Our Long also hit Stop Loss at 7950.
Now Lets review what's next. Price closed below 38.2% of Fib Level. Channel support 7905 as shown on chart, if breaks then 7860 should be the next support.
>>> Bank Nifty <<<
>>> Click the chart to see on full screen <<<
Bank Nifty Support @ 15830 and 15615.
>>> Tata Steel <<<
>>> Click the chart to see on full screen <<<
Tata Steel is a Buy. Lets See. Cheers!!!
Monday, September 15, 2014
Support @ 8020 & 7980
Dear All,
>>> Nifty - As Posted on Weekly Review <<<
>>> Click the chart to view on full screen <<<
Wrote clearly on the weekly review about the downside support @ 8050 & 8020. See what happened.
>>> Nifty - Happened and Yet to <<<
>>> Click the chart to view on full screen <<<
Broken 8050 and trading near 8020 Support. Next support at 7980. Lets see what happen.
>>> Andhra Bank - As Updated on 11th Sep, 2014 <<<
>>> Click the chart to view on full screen <<<
If you are a regular reader - You know what we are in Andhra Bank - Have advised to stay long in andhra bank for more than a week. On 11th Sep told that if the channel shown on chart breaks then unstoppable movement. See what Happened.
>>> Andhra Bank - Happened and Yet to <<<
>>> Click the chart to view on full screen <<<
Clear break out and hit first Resistance @ 80 and may test next resistance @ 82.70. Lets See.
>>> Syndicate Bank - As Updated on 11th Sep, 2014 <<<
>>> Click the chart to view on full screen <<<
We are long from 115. Wrote to Buy the stocks many times. See what Happened.
>>> Syndicate Bank - Happened <<<
>>> Click the chart to view on full screen <<<
Believe it or not, Its True. If you are a regular reader - you must have watched the Syndicate Bank regular updates. Today we have booked maximum profit of Rs.60,000 on syndicate bank. Cheers!!!
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