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 »
Deal All, The coming 2 Weeks will be an interesting one and will throw up many trading opportunities to for trade. Nifty is locked in a range and now faces resistance at 3520 and above which 3561 and 3637 Levels. Nifty Technical Outlook. I have made a new Blog http://bramesh-niftycharts.blogspot.com/ for Nifty RT charts and… Read More »
Hi All, I am sharing with you a Nifty Intra day trading strategy which many trader follows in Intra day,Before sharing this i will let you know that this is one of the million trading set up and has it own pros and cons. Strategy Go long in Nifty once 3 EMA> 13 EMA>34 EMA… Read More »
As easily seen from the charts we are locked in a range and breakout on either side should be fast and furious So it is advisable either not to trade or trade on Intra basis. Positional call should only be taken once this range is broken.
HI All Hope you Enjoyed the Nifty Long call @3410 and Reliance Long Call Initiated at 1762 Today. I will tell you one trade set up which will help you all In predicting the Nifty Movement in near term. Take Long in Nifty when 13 Ema > 30 EMA > 55 EMA After Yesterday Fall… Read More »
The Securities and Exchange Board of India (SEBI) by its order dated 23rd April 09, passed against Nirmal Kotecha, in the matter of Pyramid Saimira, is a laudable one, but this indicates a finger on many such stocks, in which, pure speculative game is being played by the operators. This is with a view to… Read More »
Nifty has formed H&S PAttern on Intra day charts which signals a trend reversals on cards Nifty now is forming support at NIFTY SPOT TAKING SUPPORT AROUND 200 DAYS DMA 3370-3380 BREAK BELOW TRG 3300-3270-2975-2915 BREAK BELOW 3300 NIFTY SHOULD BECOME WEAK