Enter Short in IBULHSGFIN below 1269 Target 1263, 1257 & 1251 Sl - 1278
A Hanging Man Candlestick is visible which needs confirmation. OI Table is favorable to bulls. There is strong support at 11400 and 11500 Puts. Bulls have started unwinding their position at 11000 and shifting focus at 11400 and 11500 Puts. Bears have been consistently unwinding at 11300 and 11400 levels and now shifting focus at 11600 Calls. Nifty is a breakout...
Entered at 26th July at 213.35 with stop loss at 206.50 Update stoploss from 227.65 on 7th August As stop loss is hit , points captured would be 227.65 - 213.35 = 14.3 points
Is NIFTY' OVERVALUED? Fundamental View Based on P/E, P/B, Div'. Yld. (A) Nifty' 50’s Price to Earnings (P/E) Price-to-Earnings ratio (P/E) of the NIFTY' is a simple market-valuation ratio. A general guideline to help understand the valuation is: P/E > 24 = Dangerously overvalued P/E >...
Entered on 17 Aug 18 on 435 with a stop loss at 403.3 Current Trailing Stop Loss = 403.3 In case of hitting stop loss confirmed profit of 31.7 points.
Bullish Cyper pattern late Call for education purpose
The 200 simple moving average (SMA) is considered a key indicator by traders and market analysts for determining the overall long-term trend. The price level in a market that coincides with the 200 SMA is recognized as a major support when price is above the 200 SMA or resistance when price is below the 200 SMA level. Why is the 200 SMA so common for traders and...
Idea described in charts....