Strong Negative Divergence formation in Nifty Weekly Charts

Nifty Weekly charts shows strong negative divergence formation and macd likely to make a

bearish cross-over. Check out the charts

Nifty Metal Sector – Medium Term Overview Nifty Metal sector is showing medium term weakness as the overall momentum slows down as it has strong correlation with Global Metal prices. Base metals slid on Tuesday with copper and […]
Summary of Nifty Technical Analysis 1)5 EMA Weeky - Provides a Fresh Buy Signal with supports at 49122)5 EMA(High-Low) Daily - Buy signal retains with first support zone at 4975 andsecond support zone at 4875 3)5 […]
Nifty FMCG – Bearish Island Reversal Pattern to be Revisited? Nifty FMCG index formed a classical bearish island reversal pattern during the month of July 2017 since then it is drastically under-performing nifty and moving in a sideways phase, […]
Crude Under Critical Resistance Zone Just a simple chart to look out. Crude Weekly Chart shows that it is facing a massive Resistancenear 200 Week Moving Average i.e around 74-75$ Zone. And RSI-5 indicates […]
Pyramid Saimira Theatre Ltd : Stock Analysis and Buy Call Buy: Pyramid Saimira Theatre Ltd. CMP : Rs 316 Target : Rs 380 and 420 India's largest theatre chain, Pyramid Saimira Theatres (PSTL) operates in all categories - Film […]
Nifty Future Weekly Observation – 23 March 2015 We have witnessed three outside bearish reversal bars in march month every week, Even After a gap up opening on any global positive news or local triggers market has not been able to hold […]