Nifty at last Broke the scared levels of 4444-4448 and that too with a bang made a low of 4409 which shows the bear power and as discussed in the Below past that it is appearing that it is buy on Dips strategy but today it became exit and wait strategy. Lets figure out what… Read More »
Often times, you may have noticed that we point out market conditions that are showing a “Divergence”. What are divergences and why are they important? First … a divergence usually involves the direction of an asset’s price versus the direction of an indicator that suddenly starts to move in an opposite direction. Market technicians consider… Read More »
The fall of GM is symbolic of the current times in which America is living in. If GM was the symbol of the arrival of the super power in the early 1900’s, the fall of this mammoth company is a reflection of the collapse today. It is Japanese cars which command the maximum respect and… Read More »
Nifty has moved traders into uncertainty to go long or to go short. Lets trade with Levels.Now we have seen 2 Doji consequently on Nifty So what does it signify stalemate bulls and bears and buying is dying and week hands that have entered the markets should be shrugged off So till when market could… Read More »
Gail-Breaches Both Targets Gail Charts Escorts Breaches Both tgt reaches 85 today and hold on for rs 100 Escorts Charts Regards,Bramesh
How’s this for a bubble? In 1965 one in ten Americans owned stocks. In 1990, one in five Americans owned stocks. Put another way, it took 25 years for stock ownership to double in the US. And most of that growth came between 1983 and 1990 with the introduction of 401(k)s, IRAs and other stock-based… Read More »
Escorts India has seen a formation of Rounding Pattern on Daily Charts.Today it has crossed a crucial resistance of 71.9 with volumes Now it is headed for the targets of 75 80 85 in short term.Be a buyer at dips.