IlyasShaikh

IlyasShaikh

Nifty breakout on the upside..

IlyasShaikh

Since prices are pushing up while momentum is going down. For a short term trade, if we can take a short position with a stop loss of 100 points then it could be a good bet. Shorting @ 7920 Stoploss @ 8020 Target @ 7722

IlyasShaikh

Can we say that Nifty has made its top, atleast in short term? Prices is making new highs while the momentum is drifting down..

IlyasShaikh

Nifty likely to downside.

IlyasShaikh

Nifty found support @ 7950. It touched 7950 and bounce back three times. Will Bihar election result impact nifty? Don't know... Nifty made a Dogi candle on Friday with huge volumes. May be participants excepting a bounce back or it would be a trap from the operator.. Who Knows? i am NOT smart enough to know that.. Monday would be the crucial day for the market..

IlyasShaikh

Tata motors has entered into a strong resistance level on weekly chart. Earlier it faced a lot of resistance at this level. Be cautious if you are planning to buy Tata motors for mid-term.

IlyasShaikh

Greetings to everyone! This is my study of Nifty weekly chart. If you are planning to buy stocks for mid-term or for long term just take a look at this bench mark index.. Nifty is in clear downtrend it just need a reason to continue to get its direction.

IlyasShaikh

Nifty is also working in Cycles

IlyasShaikh

Nifty form a doji on Friday... Will it bounce back to the levels of 8800-8900?

IlyasShaikh

Nifty will Face Resistance soon..