Related Readings and Observations

• Short Wipro for 350 Target   Stock : Wipro Ltd CMP : Rs 412 Reco : Short Sell below 400 or short near 450 Target : Rs 350 Maximum upside : 450 Support : 401     This stock is testing news lows […]
• Triangle Breakout in Gold Daily Charts Now gold is trading around $1301 & we can see on charts, gold was able to provide a triangle breakout. This breakout was very much awaited after gold placed a bullish candlestick pattern […]
• Raising the Caution Flag in Nifty Auto Sector Since 2012 Nifty Auto Sector had delivered phenomenal returns of more than 300x times Return on Investment. That shows the significant presence of longer time-frame participants who […]
• Nifty and Bank Nifty Trend Update – 14th Aug 2014 Nifty on the hourly charts turned to positional buy mode with support coming around 7610 and on contrary Bank Nifty still maintains the positional sell mode with resistance zone coming […]
• Nifty Futures – Market Profile Analysis – 02nd April 2018 Nifty Futures on the Daily charts hovering still below the 200 Moving average level 10194. Currently SGX Nifty is pointing towards a possible open above 10200 levels. Though volatility in […]
• Nifty Trading Update for 16 Jan 2009   Resistance : 2809 RSI-2 : 26.55 Trend : Negative TRIN : 5.83 Nature : Oversold and Bearish  At any point of time maximum upside is limited to 31 day EMA which is […]