TREND LINES Technical analysis is built on the assumption that prices trend. Trend lines are an important tool in technical analysis for both trend identification and confirmation. A trend line is a straight line that connects two or more price points and then extends into the future to act as a line of support or… Read More »
Source: Herald (English Daily in Goa) You cannot reach 13,000 runs in Test Cricket, 10,000 runs in ODI cricket, become the first and only batsman to score a century in all 10 Test playing nations and hold the world record for the most number of catches in Test cricket beside captaining your country in both… Read More »
HUL Positional Traders can use the below mentioned levels Close below 930 Tgt 898 Intraday Traders can use the below mentioned levels Buy above 938 Tgt 942,950 and 960 SL 933 Sell below 929 Tgt 925,917 and 912 SL 933 Tata ELXSI Positional Traders can use the below mentioned levels Close above 1686 Tgt 1741… Read More »
FII’s bought 6.8 K contract of Index Future worth 461 cores ,7.9 K Long contract were added by FII’s and 1 K short contracts were added by FII’s. Net Open Interest increased by 8.9 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. The 3 Phases… Read More »
As discussing in past analysis Now the range of 18758-18898 is very crucial range where bulls should book profit. Bank Nifty made high of 18880, so once 18750 is crossed we saw a quick move towards 18898. Close above 18898 can see another quick move towards 18969/19103, traders should trail longs with strict stop loss… Read More »
Phases of Trade Analysis The Expectation Phase: A technical trader anticipates that a past price pattern will repeat again, so he identifies the pattern, locates a current one and determines a suitable match is present. Technical analysis is nothing more than finding previous price patterns matched with current market conditions. As the Old saying Goes… Read More »
UPL Positional Traders can use the below mentioned levels Holding 555 Target 576/589 Intraday Traders can use the below mentioned levels Buy above 564 Tgt 567.3,573 and 583 SL 561 Sell below 558 Tgt 555.5,551.5 and 545 SL 561 Infosys Positional Traders can use the below mentioned levels Close above 1220 Tgt 1280/1350 Intraday Traders… Read More »
FII’s bought 10.5 K contract of Index Future worth 673 cores ,10.3 K Long contract were added by FII’s and 273 short contracts were liquidated by FII’s. Net Open Interest increased by 10 K contract, so fall in market was used by FII’s to enter long and exit shorts in Index futures. How to Trade Successfully… Read More »
As discussing in past analysis Bank Nifty opened gap up above 18100 at 18250 suggesting bulls were in command, Now Bulls should above 18300 on closing basis for next move towards 18768/19000.Now the range of 18758-18898 is very crucial range where bulls should book profit. Bank Nifty made high of 18711 today and closed at 18618… Read More »
Sybly Industries We have covered this stock in our last analysis, Stock remained in the range for 6.2-8 in past 21 trading sessions volumes have been increasing in past few sessions suggesting a breakout on cards and today finally closed above 8. Stock has seen the Highest closing in past 4 years, High made was… Read More »