Many investors may be confused whether the current stock market rallyis a bear market rally or a bull market rally. The fund managers havevoted for the bulls, while the economists are distinctly bearish. Thefund managers may have a vested interest in market movements. Theeconomists supposedly do not – but neither do they bet millions ofdollars… Read More »
Its politics and only politics which seems to have a firm grip on the market sentiments. At this point of time, nothing else matters. The lacklustre market is not really looking for any triggers at this juncture as it knows, nothing will work. Hence the IIP data which came in today was a virtual non-event.… Read More »
Nifty has again shown an support at 13 EMA.Now we need to watch out if it hold this time or not. One can see this fall as an gap filling as we have a gap left due to huge gap up we saw on 4 May. Please also have a look at Nifty Range prediction… Read More »
Hi All, Hope you all had a rocking week,All calls achieved the tgts and Option call 3500 PE also gave good returns. Previous Week Trading Stratergy Now coming to current week now Nifty is facing strong resistance at 3720 Levels and finding it difficult to cross but good thing what happened last friday the levels… Read More »
Hi All, 3819 Is a Strong resistance as of now coz it is a 38.2% retracement of fall from 6357 to 2252.75.So longs are advised only above 3820.
Hi All, Hope you all made good profits from our Nifty Intra Day Strategy(Click on Link to Visit the Post) At 2:10 3 EMA was below 13 EMA and 34 EMA Right time to enter short we entered and made good profits. For Nifty RT Charts please Click on Link to visit Nifty Intra Charts… Read More »
After the phenomenal over 700 rise, the markets have been kind of lack luster and down. People have once again become cautious, not just on Dalal Street but world over. The US markets were down yesterday, the Asian markets are weak and Europe seems mixed, heading more towards the negative. So what has changed for… Read More »
Picture is more than Words. According to a simple weekly model of the S&P versus its Relative Strength, the market is having a Bear Market Rally. Quite simply, the last Bear Market rally did not end until our zero based C-RSI entered positive territory. As you can see in today’s chart, the current strength is… Read More »
All Longs should be protected by a SL of 3618 which is today’s Low. Evening Doji Star:A three day bearish reversal pattern similar to the Evening Star. The uptrend continues with a large white body. The next day opens higher, trades in a small range, then closes at its open (Doji). The next day closes… Read More »