Network 18 and Media is at its Wall of China resistance at 109 levels.The level has been elusive to this stock for almost 6 months.RSI is showing positive and if market condition remains positve we can see breach of 109 and flying to higher range of 115 and 118 in short term. Nifty Carmillea Levels… Read More »
Nifty posted a good post budger tally with a weekly gains of 3.4%,Coming Week IIP data which is bound to release on 10 March will decide the furthur Trend. As of now we are in good Uptrend and 5065 is proving to be a good support for Nifty.If we take the fibo levels as indicated… Read More »
United Phosphorus closed at its 61.8% Retracement on last Friday at 164 levels.This level should be a significant resistance,Traders should wait for the stock to show pull back till 157 levels to take further position. And if the stock crosses 167 levels instead of giving a pull back till 157 positions can be taken for… Read More »
Hi All, Today i will explain one more Trading System which is known as CAMARILLA Pivot Point which will come Handy for Day Trading Purpose. Origins of the Camarilla Equation: Discovered while day trading in 1989 by Nick Stott, a successful bond trader in the financial markets, which uses a truism of nature to define… Read More »
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Technical of Jumbo Bag Indicated accumulation Pattern in this stock is going On.Trading interest is reduced or near to null.But smart players are accumulating this stock As seen from the chart the stock is not breaking its support at 30.When ever it goes neae its lower range volumes increases on that day. 5 EMA is… Read More »
Resistance level for today is 1128.40. Yesterday’s close was at 1118.79, so the S&P 500 is now only 9.61 points away from that formidable resistance. As a percentage move, it is 0.86% away.
Tgt 139 and 144 NIFTY FUTURE Levels for tommorow resistance at 5115, 5143 and 5193. Support at 5065 and then 5037.
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