Latesh_Narula

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About me Certified : 1. Fundamental Analyst 2. Research Analyst 3. Technical Analyst 4. Investment Advisor 5. Derivatives expert 6. Mutual Fund Distributor 7. Options Traders from OIC , USA
Joined India narulalatesh
For ideas and subscription : https://t.me/lateshnarula or whatsapp @ 9549980990
Markets Allocation
50 % indices 50 % stocks
Top Mentioned Symbols
INFY 50% | 1 NIFTY 50% | 1
Latesh_Narula Latesh_Narula INFY, D, Long ,
INFY: Buy INFOSYS
40 1 1
INFY, D Long
Buy INFOSYS

1. Infosys made a low of 1068 on 29/02/2016 and made a high of 1268 on 18/04/16 , drawing fibonacci retracements from these levels , we find that stock is retracing from 1168 that is 50 % retracement . 2. Loooking at the chart of Infosys it looks like it is holding the support by sustaining above the trendline drawn. 3. on Wednesday , Infosys formed a Dragonfly ...

Latesh_Narula Latesh_Narula NIFTY, D, Short ,
NIFTY: NIFTY SHORT
26 0 0
NIFTY, D Short
NIFTY SHORT

Nifty is retracing from its 61.8 % fibonacci retracement levels , from 8670 ( highs of July 2015 ) to 6825 (lows of feb 2016 ) . Trading below 200 dAY SMA adds to more pain. We saw earlier a runaway gap on 13 /04/16 which after gap filling has turned out to be exhaustion gap. Suggesting end of uptrend and reversal . Next we see is a trendline breakdown ...

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