Nifty Daily Chart

Nifty daily chart.,
trading in channel(downward)., volumes are decreasing while price is moving up

Nifty Houly Chart

Nifty Hourly chart (24-12-2011)
trading in a Upward Channel., and forming a right shoulder for Inv head and shoulder., may take support at 4640 level, at present oscillators are negative.

updated 24/12/2011 at 4.50 pm

Reliance Hourly chart

Reliance Hourly chart., closes at 754/- level, it is a good indication that it closed above the 100 ema's and sma's as well., and also formed Inverse Head and Shoulder, Oscillators are also supporting,
there is a weekly pivot at 760/- so this level is crucial., if it crossed with volume then can expect to reach the level of  795/-.

posted on 22-12-2011 at 7.40 pm

US SPOT GOLD

posted on 21-12-2011 at 10.45 pm

nifty head and shoulder daily chart

nifty head and shoulder breaks downside., with 2% conformation as well., but moving upside towards 4744 as 38.2% from recent high to low., .

updated 21-12-2011 at 10.38 pm

Reliance Industries

Reliance Industries Hourly chart. double bottom,
as expected given a pull back after breaking the Head and shoulder pattern in daily chart, try to retrace upto 38.2% from high(819) to low(721), and close below it and also 50 ema
Oscillators shows the negative.,
posted on 16-12-2011 at 12.50 AM 

M&M Daily chart

Today (19/12/2011) touch the low 645..

MARUTI Daily chart

Maruti daily chart., Flag Pattern.

It retrace 38.2% from high(1186) to low (907) and breakout given at 970 level.
in hourly chart., there is a complex head and shoulder.
Can go short it here with a strict stoploss or Buy a Call Option of 960

nifty weekly chart

nifty weekly chart, trading in a downward channel, if breaks upside, then it can be a inverse head and shoulder..