Saturday, September 24, 2016

Weekly Review 25th September, 2016

Dear All,


>>> Nifty Daily Chart <<<

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

RSI turning down and price trying to break the trend line support. Caution advised.

>>> Nifty Hourly Chart <<<

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Price forming a irregular correction, to confirm the same, price must break below the triangle like pattern as shown on above chart. We are holding our shorts. Any sell off below 8700 may invite bears with full strength.

>>> Bank Nifty Daily Chart <<<

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Bank Nifty - If the channel breaks - Possible to correct more, Else may try for upmove.

>>> Bank Nifty Hourly Chart <<<

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We are holding short from 20140 and still waiting for a more such correction.

>>> JUBLFOOD - Booked Profit Rs.22500/- <<<

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JublFood - Booked Profit and Closed.

>>> LUPIN - Exited with Loss <<<

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Exited LUPIN Long with Loss. Price broken down the channel, shows more correction possible. We don't have any Open position in LUPIN.

>>> AJANTPHARM - Possible Correction <<<

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We have short in AjantPharma. Price completed 1-5 Rally and hope there should be some correction next week.

>>> Performance till 23rd Sep, 2016 <<<

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Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision
Note:- For details of our service - email to us @ niftyforall@yahoo.com or whatsapp @ 9677924975