Indexes: Nikkei: Monthly and Daily Picture
Big Monthly Extension Long Area.. VPAwise M1 still bearish with record volumes but at a big extension Half Way Back. Daily pinbar on HWB is printing a decent long pattern on good volume so bear/bull battle of 2016 ahead of us which means Rangebound Action likely.. Adjusting style accordingly and trading both ways.. GL..HF
• Axis Bank offers 12 EMI-waiver on home loans of up to Rs 30 lakh.
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• IIFL Asset Management picks up 2.59% in Reliance MF for $60 mn.
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