Nifty Quick View

Nifty may surprise from here if this level holds. This is what following charts say :

Important weekly close.

NOTE: Above chart is shared for learning purpose only and is not any BUY/SELL tip.

Hindalco Trying to Reverse

This stock has been continuously falling from the top. The charts seems to be suggesting that may be worst has been over for this stock.

Lets checkout charts what they have in store for us:

• Breakout above long trend-line resistance with increased volume.
• Retested the trend-line and gave fresh breakout above Head and Shoulder trend-line above 93.
• Retested the neckline on Friday and gave sharp pull-back.

If 93 holds then sky is limit otherwise again going back to base after false breakout.

NOTE: Above chart is shared only for learning purpose and is not related to any BUY/SELL tip.