Tag Archives: Symetrical Triangle

Nifty Weekly Technical Analysis for Week Begining 26 March

By | March 25, 2012 1:04 am

The following week we expected to be a trending week but again turned out to be a volatile week with daily range of Nifty of almost 100 points. We have march Expiry,Weekly and Monthly closing in the coming week which make in interesting both in term of data analysis and trading. Lets see how technical… Read More »

ICICI Bank Break of Symetrical Triangle

By | February 1, 2010 7:00 pm

The candlestick on the daily charts indicates an‘Engulfing Bull’ characterized by a large white real body engulfing a preceding small real body, appearsduring a downtrend which is an important bottom reversal signal and a implies a comeback by bull. It signifies that the downtrend is now losing momentum and the bulls started to take the… Read More »

Strides Acrolab showing bullish moves

By | January 31, 2010 7:59 pm

Strides Acrolab is showing good moves and is showing bullish channel from a low of 154 to a high of 312.Stock is trading above its 5 EMA and takinf support at 20 SMA which is being shown in charts as above,Stock is a buy on dip canditate. It faces channel resistance at 288-92 range.Once that… Read More »