Metals dragged, but private banks helped Nifty stay afloat. Do you feel 16,200 will hold?
Price is now at key support level. Though the fundamentals are good, valuation is at a higher side. Expecting IT INDEX to fall another 17% towards 25500 level, which may drive it low towards 2750 level. Trendline support will provide confluence at that level. Its better to accumulate around 2700-2800 level for the following targets: 1) Short term swing...
The markets fell, partially thanks to the unexpected rate hike announcement by the RBI governor. What's your view?
The markets concluded the week on an indecisive note this time around as well. Axis Bank results, while not disappointing, still disappointed the markets. Kotak Bank was an unexpected performer.
Nifty retested 17k yet again, and with VIX back above 20, the volatility continues. Bajaj Finance (BAJFINANCE) fell after its results, meaning now the focus is on BAJAJFINSV on how it may move during its earnings. Axis Bank, too, has its results tomorrow. What's your view?
RIL and IT stocks were under pressure today, dragging Nifty below 17k. Banks performed a little better despite pressure from PSU banks. Bajaj Finance (BAJFINANCE) has its results tomorrow, so let's see if it shows some wild moves! What are your views?
Hello traders, India's Biggest IT company- TCS is a great stock for long term. Stock's behaviour is good for trading. Currently TCS trading on weekly support. It can be bounce back from here. We will get buy side entry on this stock(with great risk reward ).Levels and logic behind the trade explained on the chart. Buy above:3645 Keep...
Banks seemed very weak today, especially ICICI Bank and SBI. The rest of the market, too, faced second-half jitters. VIX did not rise by much, and RIL touched 2800!
Reliance, along with other heavyweights, helped Nifty close a smudge away from 17,400 in today's session. I feel the Q4 earnings season might give Nifty the boost it may require to pick a direction. What's your view?
Reliance, HDFC twins and Infy were able to lift the markets fairly well today, but that does not necessarily mean that the bearishness is behind us. All eyes are on ICICI Bank as we could see it being a key performer or dragger in the coming days. What's your view?
The markets fell spectacularly in the second half. Which side were you on? Why do you think this could have happened? Here's my analysis!
Nasdaq - Side ways movement prediction. The current movement will retrace to the next swing. Note this is only for educational purpose.
The markets fell yet again, this time owing to HDFC twins and Infosys. Nifty is at 50 and 200 MA, let's see how the week shapes up. What's your view?
#REDINGTON NSE:REDINGTON NSE:REDINGTON NSE:REDINGTON REDINGTON CMP 166.75 TARGET 220+ SL 155 TF < 6 months RR > 3 Return > 40% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE...
The last week was short owing to the long weekend, and the bears seem to be a little stronger. Do you feel Nifty will hold 17400?
#HITECH NSE: HITECH CMP 559.30 NSE:HITECH Target 650 ++ 730 (170) SL 500 (60) Return 30%+ RR ratio 3 Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT...
There are two cases for TCS on HTF! Case -1 Right now it broke downtrend and retested 0.382 fibo level nicely if it broke then we will retest 0.236 fibo level or else we will see any time reverse from these two levels! Case-2 As we can see that it is forming inverse H&S and sitting on top of 2nd shoulder if it will reverse from there and breaks the Neckline then...
The markets fell today as well, this time finding support around 17400-17500. Banks outperformed. What's your view?