Nifty Monthly Chart Nifty marched nonstop from 5,640 to 5,900 and as can be seen from monthly chart it has seen a fresh breakout on monthly charts.Its a blowout rally which is flaring out.Uptrend is expected to continue and volatility may be the order of the day for some more time and hence the investors… Read More »
Dow Jones Technical View Dow Zones has been showing some good moves in previous 3 trading sessions and now Dow is on its major resistancr level of 200 DMA at 10470 levels as mentioned in charts. RSI is in Buy Zone and MACD also showing positive mometum but we need volume to cross the significant… Read More »
The Following Article will give more clarity in term either you are Investor or Trader Or Trader turned Investor after your stock goes 10% from your buying Price Technical analysis and fundamental analysis are the two main schools of thought in the financial markets. As we’ve mentioned, Technical analysis looks at the price movement of… Read More »
Nifty Daily Chart As can be seen from Nifty’s Daily Chart 20 DMA has been a strong support in past 3 months and now again we are at the crucial juncture of 20 DMA. If 20 DMA is held we are in for a new high and if not we can move down till 50… Read More »
Ansal Buildwell Break Above Trendline Resistance with an expansion in volumes and MACD giving positive sings. Buy above 86 Tgt 88 90.5 and 94 Aftek Limited Aftek is near its resistance of 100 DMA,refer chart today volumes were extremly good in the counter and break above 100 DMA can propel stock to its 200 DMA.… Read More »
Markets finally broke out of the range and ended the week on very ‘Positive’ note, with NIFTY gaining 1.44% or 79 points or over the week. NIFTY is now hovering around 30 months high. In the coming week, Expiry of AUG contracts in F&O and resurfacing of Economic concerns in global arena are likely to… 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 »
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 »
Today was RBI policy meet and a Hike of 25 bps in repo and reverse Repo Rate.I have complied the following to give my readers who have no idea about these rates and there impacts. What is CRR? Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with the RBI.… Read More »