NIfty Weekly View

Hi All, Nifty is under the formation of HnS Pattern which is bearish in nature. 4470 Should prove good resistance and 4510 levels should be watched very closely Any Weakness observed at this levels will confirm a bearish HnS Pattern with neckline placed at 4170 levels and if that is broken gives a tgt of … Read more

HIGHLIGHTS OF THE RAILWAY BUDGET:

Ø Focus on passenger safety, amenities and punctuality Ø To develop 50 stations at tourist and religious places with internal facilities via PPP Ø Upgrade CST, Pune, new Delhi, Jaipur, Howrah Ø Computerised tickets from 5000 post offices Ø 50 mobile vans to sell train tickets Ø AC double decker trains for inter city transfers … Read more

Nifty 5 mins charts

Nifty 5 Mins charts are presented 4250-60 with few whipsaws is acting a strong support Most probably will be tested tomorrow.Before that todays low 4288 will also prove to be an important support Well if 4250 is broken than 4170 is on cards On upside 4440 will prove to be strong resistance FII buying since … Read more

Why the Dow Is Headed to 6000

By: Serge Hagopian The global capital-market rally since the March lows was a great trading opportunity, but the rally may have been based on shifting-sentiment (as opposed to structural improvements in the economy). The market was “pricing in” (or hoping for) a quick recovery; even though there was no evidence to suggest clear-&-compelling improvement in … Read more

MACD Divergence signals

MACD Divergence Signals. There are 3 types of Bullish signals that can come from the MACD Indicator. The three types are: a. Positive Divergences b. Bullish Moving Average Crossovers c. Bullish Centerline Crossovers, and … There are 3 types of Bearish signals that can come from the MACD Indicator. The three types are: a. Negative … Read more

Weekly Stock Picks for trading

Hi All, Nifty resumed its weekly Uptrend after closing marginally in greem.This week will see more volatile moves as Budget is on 6 and railway budget will be presented on 3rd.So i can make 2 scenarios 1. Nifty fulfills it’s H&S tgt of 4510 and marches ahead.I have no inkling what will happen once 4510 … Read more