NEW PENSION SCHEME

Everyone needs to save some money as pension after retirement. If there is a facility for them to get the pension from their office, they are lucky. Otherwise many people depend on provident fund or the pension plans from some companies. Last year government introduced the new pension scheme for everyone which is administered by … Read more NEW PENSION SCHEME

BreakOut Stocks:Genius Power,GE Shiping and Honda Siel

Genus Power and Infrastructure Genius Power a look at daily charts with proper set up tells the whole picture and trading pattern visible in the stock charts Genius is an classic example of support becoming resistance. Stock was taking support at 50 DMA and was bouncing from the same,but as soon as 50 SMA got … Read more BreakOut Stocks:Genius Power,GE Shiping and Honda Siel

Breakout Stocks:JM Financial and MIC Electronics

MIC Electronics MIC Electronics broke out of the one year of consolidation. Today’s volume in NSE was 3 Million shares as against last 10 days average volume of 442,000 Today’s close is above 200 DMA and the breakout is with volumes exceeding 6 times of average volume. Buy for Tgt of 43.3,46.7 and 49.4 JM … Read more Breakout Stocks:JM Financial and MIC Electronics

Technical Calls on BF Utility,FT,WIPRO and Nagar Construction

WIPRO Wipro weekly charts is trading in arange of 374 and 440 on weekly charts.As such it has done nothing in 2010.Looking at the way infy is shooting up looks like lots of catch up needs to be done by WIPRO. For any further up move WIPRO needs to break the trading range.Looking at Volumes … Read more Technical Calls on BF Utility,FT,WIPRO and Nagar Construction

Nifty and Bank Nifty Weekly Technical View

Nifty Daily Chart Nifty Daily Charts are displayed below showing the power of money dumped by FII.Its a stellar rally which Indian brouses are seeing.Valuation are moving towards bubble territory as NIfty P/E is at 25.11. FII inflow in September 2010, totaled Rs 17,499.43 crore (till 23 September 2010). FIIs had bought equities worth Rs … Read more Nifty and Bank Nifty Weekly Technical View

Technical Analysis on Crompton Greaves,Jupiter Bio and Tata Global

Crompton Greaves Crompton is trading in a parallel channel as shown on chart. Taking support at lower trendline and taking resistance at upper trendline. Such stock become easy to trade as we can see where they will take support and where they will stall there upmove.MACD is showing positive divergence on Daily Charts. Buy above … Read more Technical Analysis on Crompton Greaves,Jupiter Bio and Tata Global

Technical Calls:BF Utility,Tech Mahindra and NTPC

BF Utilities Limited BF Utility is at its 200 DMA and i belive stock will show a good bounce after going for around 2 weeks of slumber and decline in trading activity.Technically Stocks looks ripe for bounce. Indicators are in Oversold Conditions and Volume is on decline as shown in above chart. Buy around 967 … Read more Technical Calls:BF Utility,Tech Mahindra and NTPC

Trading Calls:Fortis Health,Graphite India,HOEL,GAIL

GAIL Limited Gail is forming an inverted Head and Shoulder pattern on Daily charts with neckline place at 493.If we are able to cross 493 on closing basis GAIL will add another 50-60 points. RSI is below 70 indicating still can be bought MACD is showing positive divergence RSI is below 70 indicating still can … Read more Trading Calls:Fortis Health,Graphite India,HOEL,GAIL

Technical View on Infosys,Tata Motor and SBIN

Infosys Technology Infy is on a roar like a raging bull and there is no stopping for this stock from past few days.Fundamentally news is not good for IT companies as US is getting wary of sending jobs to Indian Soil looking at the unemployment state in there own country. STOC has given a negative … Read more Technical View on Infosys,Tata Motor and SBIN