WEEKLY UPDATE

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  • Jun 10, 2017
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canara bank

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  • Jun 05, 2017
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hind zinc

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  • May 21, 2017
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As per our technical analysis, price seems to be ranging close to 245 and forming a candlestick pattern of bullish harami. If the price manages to hold near 245 then there are chances that it may show a sign of possible reversal.   Also the price has even retraced up to 161.8%. So we can … Continue reading “hind zinc”

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bank nifty

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  • May 21, 2017
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As bank nifty is the bhishmapitahama of the Indian stock market, a technical analysis here shows that bank nifty may continue to show an upward trend as predicted by the channel lines in the chart above.
In addition to that, bank nifty has been working over its 100 days moving average which therefore is a sign of bullish market. If the analysis remains precisely accurate then another 1000 point rally may be crossed in banking sector, as examined by the trend line.
So the candlestick pattern reflects that the bank nifty seems to be forming some sort of bullish kicker on its daily chart.
To conclude, bank nifty can touch near its upward channel resistant in the coming days.

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TATACHEMICAL

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  • May 19, 2017
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Tata Chemicals Limited is an Indian global Company with interests in chemicals, Crop nutrition and consumer products Headquartered in Mumbai , India. The Company is one of the largest chemical Companies in India with significant Operations in India and Africa. Now move towards technical as on picture. If price holds the channel holds we will see new high. As RSI … Continue reading “TATACHEMICAL”

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tatamotor

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  • May 17, 2017
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Indian share markets are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the metal sector and power sector leading the gains. TATA MOTORS stock ready for breakout from trending lines as resistant broken  and RSI alreadybreakout and MACD ready to cross over. The Moving Average Convergence Divergence indicator … Continue reading “tatamotor”

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auropharma

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  • May 17, 2017
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  The Morning Star is signaling a change in trend from bearish to bullish. Traders use it as an early indication that the downtrend is about to reverse. A morning star pattern can be useful in determining trend changes, particularly when used in conjunction with other technical indicators. As price moves in channel line from … Continue reading “auropharma”

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ITC – BULLISH ENGULFING PATTERN

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  • May 17, 2017
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  ITC ON DAILY CHART SHOWING STRENGTH WITH MACD POSSITIVE CROSSOVER AND CHANNEL BROKEN WITH AN HARMONIC PATTERN ” BULLISH ENGULFING PATTERN ” BASED ON ABOVE TECHNICAL STRUCTURE , WE CAN EXPECT THAT PRICE COULD MOVE HIGHER TOWARDS THE LEVEL 300

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HOLDING SHORTS

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  • Jan 10, 2017
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    MARUTI    AJANTA PHARMA TODAY WHAT HAPPENED

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INDEX – WAITING FOR A FALL

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  • Jan 09, 2017
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STOCK CONTINOUSLY TOUCHES RESISTANT AND SHOWN DOWN WARD MOVEMENT IN A BEARISH FLAG PATTERN HERE WE ARE SHORT FOR THE TARGET 1650     PRICE RESIST AT ITS RESISTANT LINE AND WE ARE AGAIN SHORT IN INDEX AND EXPECTING HEALTHY CORRECTION THIS TIME

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