Nifty Technical View for Week 1-5 Nov

Nifty Trading System as i have discussed few months earlier generated a sell signal @6090 and still now in Sell Mode.Last time it generated a buy signal was 5473 and trade made a high of 6284,but i do not think that anyone had so till high levels and with this trading system we need to … Read more Nifty Technical View for Week 1-5 Nov

Technical Analysis :Reliance,Larsen and Omaxe

Reliance Industries The poster Boy of Indian Stock Market Looks like waling up from a slumber sleep and ready to roar above 1095 Levels.Yesterday RIL showed upmove with volumes after long time and it is tad away from its breakout levels of 1095. As seen from the chart above 1095 is converging trendline and if … Read more Technical Analysis :Reliance,Larsen and Omaxe

Nifty,Bank Nifty and Indian VIX Technical View

INDIAN VIX– Volatility Index VIX Denotes the fear in the market ,fear of downfall. Nifty cracked from past 5 trading sessions after reaching a tad below it life time high. VIX is updated on EOD Basis @http://livevixchart.blogspot.com/ I have attached the Daily Charts of VIX chart. As seen from the chart VIX is touching the … Read more Nifty,Bank Nifty and Indian VIX Technical View

Technical Trades:ICICI Bank and JBF industries

ICICI BANK ICICI bank is trading in a broad trading range as shown on charts if one draws medium term trend lines as shown in charts, 1090 is good entery point for long trades as seen in the low of today and stock bounced sharply. RSI is showing positive divergence adding fuel to our bullish … Read more Technical Trades:ICICI Bank and JBF industries

Technical Analysis:BHEL,Hindalco Industries,Elecon Engineering and Orchid Chemicals

BHEL BHEL has pulled back sharply near 2550: breakout point. Another Example of Resistance becoming support in a Bull market. Stock took support at 2550 where it made a breakout Buy above 2576 Tgt 2605,2627 and 2666 ELECON ENG ELECON gave a good breakout yesterday with volumes above 99.5 which had been elusive for almost … Read more Technical Analysis:BHEL,Hindalco Industries,Elecon Engineering and Orchid Chemicals

Technical Calls:Jet Airways and KS Oils

Jet Airways Ascending Triangle formation in Jet Airways Taking support at Lower trendline and Facing resistance at upper trendline.Breakout of the above mentioned trendline can propel the stock to higher levels Buy above 848 Tgt 861 and 874 KS Oils KS oils is an excellent example of Support becoming resistance and resistance becoming support. As … Read more Technical Calls:Jet Airways and KS Oils