Sunday, December 6, 2015

Market Updates

Market corrected somewhat in previous week and USDINR showed some strength respecting the behaviour which we discussed last week.

Lets Analyze the market movement in coming week as what charts have to say:

Bank Nifty:


Bank Nifty is near crucial support. If holds then a pullback can be seen to sub 17400 levels otherwise big downmove knocking on the door. 

USDINR:


  Bullish pattern still intact. Be cautious for any follow up move above 66.92 levels.

NOTE: Above charts are shared only for Learning purpose. These are not related to any BUY/SELL tips.

 

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