Pattern, Price and Time: Using Gann Theory in Technical Analysis
Dear All, Nifty has completed 12 Weeks of Weekly Positive close and May Series posting a Mind Blogging 25% Return Highest in any Series So far.So what’s Next Will 13 Week Prove Unlucky to us?? Time will only tell. In many Respect Next Week is quiet interesting if seen from trading point of view As … Read more
Nifty has expired the Series with a massive gain of 25% Now whats up for Next series Well let me update you all with the Nifty levels for 29 May and june View i will update in my Weekly View of Nifty Nifty as it is easily Visible on charts has formed a good support … Read more
GAIL India is facing a trend line Resistance of 289 Once it crosses and Sustains 290-291 for a tgt of 295 and 300 Keep SL at 281.2 RSI -2 @68 ADX14 @26
Click on Image to enlarge Go short in Nifty once 4050 is broken Pivot levels for TomorrowR1- 4217.5 R2-4318S1-4053 S2-3991.2
When the UPA Govt took charge, the stock markets surged and so did the Indian rupee vis-à-vis the US dollar. And after a run up of almost over a week, the rupee slipped yesterday. And even today, the rupee depreciated 24 paise to 47.52/53 a dollar in the early trade. The word on the street … Read more
Jet Airways is stuck in 2 parrel trendlines and is unable to cross 316.6 Once it crosses that with volume we can easily see 331 348 Levels keep a sl of 306 for all longs taken
Light volume on the Dow indicates a lack of buying support at the lower border of the recent consolidation. Bearish divergence on Twiggs Money Flow (21-Day) warns of reversal of the bear rally of recent months. Breakout below 8200 is expected, signaling a test of primary support at 6500. Reversal above 8600 is unlikely, but … Read more
Bharti Airtel has filled the gap which was formed on 18 May from 811 to 881 and today took support at trend line. It took support at the Middle line of Boolinger Band ADX is still positive indicating the trend is strong RSI has cooled off MACD still in Buy zone Keep all the above … Read more
HI All, After the Euphoric mandate given to UPA by the People of India Stock markets rejoiced and created History by hitting circuits twice in a Day.After the Historic day we were consolidation in 4167-4300 range for the rest of the Week.Now the Bears are completly white washed and probably there are few shorts in … Read more
India today is one of the fastest growing economies with a compounded annual growth rate of 8.6% in the last three years. Indian economy, Asia’s fourth largest, grew at a rapid pace of 9.3 per cent during April-June of 2007 after a 9.4 per cent expansion in the entire 2006-07. Industry The economic acceleration has … Read more