Friday, August 29, 2014

Bank Nifty - Review

Bank Nifty as such trend is intact....if it close above last top, then it will be solid breakout..

The above chart with levels posted in the following link..

http://www.niftymetals.com/myaccount.php

Bajaj Auto and Grasim

Last week our picks Bajaj Auto / Grasim - no trade is initiated...

Look Bajaj Auto....if closed above our Red Line, next week...solid run will be there.

Again this week watch Grasim and Bajaj Auto...

Nifty 7900 Put Option - September

Now, we have to watch Nifty 7900 Put Option (September) for reversal of Nifty...

If 7900 put reverse from bottom...then Nifty fall will start...

The above chart with levels posted in the following link

http://www.niftymetals.com/myaccount.php

Nifty - Review



Nifty has broken last fortnight and last week good consolidation between our top level....

It never tried to cut our top level and closed below....so, last week no short in nifty....

Still the uptrend is intact.....

The above chart with levels posted in our following link....with detailed explanation for our clients..

http://www.niftymetals.com/myaccount.php