Think back to a time when you had a losing trade, or made an error withyour trade execution, or had a bad trading day. Who was responsible for the result that you got? The market? The Trading Guru You Follow? Your Friend whose analysis went wrong The trading platform you were using? The… Read More »
DLF Limited DLF once it start trading above its 200 DMA ie. can see some quick moves.MACD is showing positive moves and RSI has again moved above 50. Buy above 324 Tgt 326,329.2 and 334 HERO HONDA Hero Honda is facing resistance at trend line from Highs and Swings highs as mentioned in charts. Buy… Read More »
Glenmark Pharma Glenmark Pharma facing resistance at 50 SMA @272 and taking support at 200 SMA@262. Buy above 272 Tgt 275,278 and 283 India Bulls Real Estate Stock forming Double top at 190 and break above that can see some quick moves Buy above 190.46 Tgt 194.15 and 200 Reliance Industrial Infra Stock forming double… Read More »
PARAL Parekh Aluminium posted a good numbers and Buying Momentum is back in the Stock.Stock is poised to open around its 52 Week high.Technical Indicators Suggest follow up buying can come and some more steam is left in the Rally Buy above 346 Tgt 359 and 380 J B Chemicals JB Chemicals is stuck in… Read More »
Rain Commodities Limited Rain Commodities after today huge up move is trading near its 200 EMA @ Rs 168 and if it continue to remains to continue with its upmove it can move till 200 MA at 178. Buy around 160-163 Tgt 168,173 and 178 DCM Limited — Will this stock be Sell on News… Read More »
Nifty is doing nothing in past few trading sessions and is slowly and slowly grinding upwards with a positive bias. Support is at 20 DMA which is at 5411 Levels break below that we can see downward bias on Nifty.VIX has closed at all time low and Bollinger Band has contracted almost 70%.Hence we can… Read More »
Hi all, Nifty had a made an History by posting 13 Weeks of gain.Now whats goes up needs to come down an old age adage.So we should not get carried away by this rise and we should book profits at each rise for now.As of now still i am bit circumspect of this rally and… Read More »
ABAN Offshore Aban Offshore is near its long term trendline and qualifies for a short term buy if it is able to break the trendline resistance of 915 on upside.Volumes are on higher side and RSI indicator showing strength which is trading abovr 50 Buy above 915 Tgt 924 and 936( 943 which is 100… Read More »
Article from “Trading in the zone” by Mark Douglas If technical analysis works so well, why would more and more of the trading community shift their focus from technical analysis of the market to mental analysis of themselves, meaning their own individual trading psychology? The most likely reason is that you’re dissatisfied with the difference… Read More »
Kalyani Forge Kalyani Forge has made a move of 36% in 2 days on a stupendous volumes.But if you see the chart closely you can see that Stock stopped just at Rs 246 where it had a resistance previously.Now Stock has made a double top and looks like it will take a breather before making… Read More »