Infosys the IT Bellwether is going to declare the Result before market hours tomorrow morning.Technically speaking Stock has been hammered by bears in past 3 days on account of the expectation of a bad result. Technically speaking the Stock just touched its trendline today around 2186 and have a hood support at its 50 DMA… Read More »
Suzlon Energy Shorted Heavily by Bears,Can see good rally in couple of trading sessions. Buy above 88 for a tgt 90 93 96 sl 83 Buy Gail above 371 once crossed 377 385 394
Evening Star Formation Implication of Evening Star:The Evening Star Pattern is a bearish reversal pattern, usually occuring at the top of an uptrend. The pattern consists of three candlesticks: * Large Bullish Candle (Day 1)* Small Bullish or Bearish Candle (Day 2)* Large Bearish Candle (Day 3)The first part of an Evening Star reversal pattern… Read More »
Click on Image to enlarge
Aban Locked in a Rectangular range from 1450-1675.Longs should be initiated above 1675 for a target of 1684 1718 1769 IF unable to cross 1675 Shorts can be initiated with a target of 1600 IDFC in range of 152-156 sl 145 Tgt 172-175 APIL above 572.50 tgt 582 593
Hi All, Nifty Daily Charts are attached as Above.Nifty has gained 2.3%,But in Holiday Shortened week Nifty moved up ahead plummeting all the bears once again.FII is pouring money like there is no tomorrow.But in-spite of so gush of money Nifty is just making small moves. Lets look at in a technical point perceptive: 1.… Read More »
HI All, I will be writing and compiling about few Technical Indicator i follow so that people can also use it and come up with there own Interpretation.Moving Average Convergence-Divergence (MACD) was originally constructed by Gerald Appel an analyst in New York. Originally designed for analysis of stock trends, it is now widely used in… Read More »
Hi All, After Long time i wanted to share with you all the performance of the blog cash calls which i update the with charts. From now onwards i will try to include Futures and options calls also from the next month. Comments are welcome.