Review Week 18-25 Dec

Amazing Week this was , With most of the charts obeyed and obliged as we thought them to do . Nifty We said wuld take support on 4500 levels and indeed it did bounced back from 4520 levels and bounced back nearly 250 points. LIC HF------210>>>230 HDFC LTD----615>>>660 HDFC BK----410>>>>445 ICICI Bk 650>>>>710-15 ONGC-258>>>>>268 CAIRN -295>>>>322. \n bearish i said metals and PSU banks will keep NF under presure and indeed it did kept them under huge pressure through out the week,did not allowed NF to rally moothly.