The S&P 500 is similarly headed for a test of support at 880. Breakout would test primary support at 670. Reversal above 950 is now unlikely, but would signal a primary up-trend with a target of 1100. Bearish divergence on Twiggs Money Flow (21-Day) warns of selling pressure, but the longer-term (13-Week) indicator is more… Read More »
Bharti is stuck in a range Forming Multiple tops and Bottom Best Stratergy to Trade Buy once rs 830 Breaks with 5 point sl for a tgt of 850,868 Sell if rs 790 with again a sl of 5 points for a tgt of 965 -970 As simple as that
Hi All, Nifty is under the formation of HnS Pattern which is bearish in nature. 4470 Should prove good resistance and 4510 levels should be watched very closely Any Weakness observed at this levels will confirm a bearish HnS Pattern with neckline placed at 4170 levels and if that is broken gives a tgt of… Read More »
Ø Focus on passenger safety, amenities and punctuality Ø To develop 50 stations at tourist and religious places with internal facilities via PPP Ø Upgrade CST, Pune, new Delhi, Jaipur, Howrah Ø Computerised tickets from 5000 post offices Ø 50 mobile vans to sell train tickets Ø AC double decker trains for inter city transfers… Read More »
Nifty 5 Mins charts are presented 4250-60 with few whipsaws is acting a strong support Most probably will be tested tomorrow.Before that todays low 4288 will also prove to be an important support Well if 4250 is broken than 4170 is on cards On upside 4440 will prove to be strong resistance FII buying since… Read More »
By: Serge Hagopian The global capital-market rally since the March lows was a great trading opportunity, but the rally may have been based on shifting-sentiment (as opposed to structural improvements in the economy). The market was “pricing in” (or hoping for) a quick recovery; even though there was no evidence to suggest clear-&-compelling improvement in… Read More »
5 and 13 EMA crossover in BPCL the previous time it happened we saw a good rally same will be repeated in coming days Fuel price hike positive for the stock.
Gail has formed Multiple bottom around 276-77 levels Now if it crosses 294 we can see 298 302 5 and 13 EMA cross over is also making. So watch out for this one.
MACD Divergence Signals. There are 3 types of Bullish signals that can come from the MACD Indicator. The three types are: a. Positive Divergences b. Bullish Moving Average Crossovers c. Bullish Centerline Crossovers, and … There are 3 types of Bearish signals that can come from the MACD Indicator. The three types are: a. Negative… Read More »
Hi All, Nifty resumed its weekly Uptrend after closing marginally in greem.This week will see more volatile moves as Budget is on 6 and railway budget will be presented on 3rd.So i can make 2 scenarios 1. Nifty fulfills it’s H&S tgt of 4510 and marches ahead.I have no inkling what will happen once 4510… Read More »