Let slow and steady win the Race......!!!

Nifty inching highr.....

Nifty, as expected, bounced back from yesterday lows....... and excpected to head till 5610-5650-5700....

After a Long time..... Bottom Fishing again....

Hi All,

All bulls have last ray of hopes with final Supports near 5470-50.... CMP 5510-15.....

Below the same there seems to be no hopes for any upward swings in near future...

A close above 5520 will enhance the chances of a smart rally of around 1-2%

Nifty going above 5535-40, can increase the probability of an intraday rise....

Regards

Hrishi

Was not available...

Hi All,

Sorry for not updating the blog for a long time now. Was caught up in some things.... Shall post something new as per the market developments...

Thanks for following....

Cheers

Hrishi

East meeting west.....

Hi All.....

Though the bias for Nifty is sceptical..... On hourly charts its giving multiple divergences, which is usually followed by at least a relief rally. Along with divergences Nifty hourly charts has given a Hammer Pattern at a support area near 5660-80.....

Hammer is supposed to be one of the most popular Candlestick patterns (eastern technical tool, ofcourse from Japan)...

Hurdles on the upside near 5730-40-5780-5830....

Supports near 5660-5600...