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Economic Cycles

Indus Towers - 5G Play, Long Term AccumulationAs per Dow Theory, Indus Towers has over the years formed a classic "Accumulation - Participation - Distribution" pattern which has since mid-2019 reset back into the Accumulation phase. On the fundamental side, 5G Technology is expected to be one of the big plays in the coming years. Indus Towers has also slowly but steadily been accumulating into forming a bullish pennant. It may take some positive news or event to push it towards a breakout, but sooner or later looks likely.
NSE:INDUSTOWERLong
by Wolf-AD7
Surya Roshni is ready for shine like a sunbuy & hold add @357 range trgt 400-435-457-500+🎯🎯🎯 anytime we can expect 🚀🚀 🔹the stock published good result in q3 🔹stock in a uptrend 🔹feels like accumulation 🔹 chart shows bullishness 🔹any time we can expect a breakout study then invest about the company 🎇Surya Roshni is engaged in the largest GI Steel Pipe Manufacturer and the second largest in lighting products in India. support🔸like🔸comment🔸
NSE:SURYAROSNILong
by ANKITHSHAJU
2
How to categorize trends?In times like these when markets are moving down so much from the high point, it is important to understand this chart. In a Bull market, the market consistently makes higher highs and higher lows. When the market starts moving lower, people start fearing an incoming bear market or a crash. But it is important to note that, if the market is down <10% from all time high, it is not enough to be considered a correction. A correction is when the market is trading between 10% and 20% lower from the all time high. Currently Nifty 50 is only down 7.5% from the high point. Hence, it cannot really be termed as a correction yet either. A bear market is defined when the prices are trading more than 20% from the all time high. This point is very very far away for Nifty and it would have to go down below 12,350 for it to be considered a bear market. In my opinion, if one is a long term investor, all dips on the market are good opportunities to start buying more shares. It is not possible for any one predict and buy right at the bottom of the dip. Hence, I consider the current market situation to as a time to accumulate small quantities of stocks which you can keep adding to if the market dips further.
NSE:NIFTYEducation
by ArcherDAVIS
Bank Nifty - Next MoveBNF is in a zone that is really hard to day trade. Tomorrow is Wednesday so premium decay would be a factor to consider if you are playing with option buying There can be two possibilities BNF makes a trending move downside towards 50 DMA. DMA are like magnetic lines that attract price towards it when they are near. Usually, it is also seen that patterns repeat for a given script. Last time when 20 DMA was broken and the price was nearing 50 DMA it formed an inside bar. Today also it formed an inside bar. so possibility is high it may break 50 DMA. Possible ways to trade - If trading in future sell on rise and 35250(Future price) as SL. The target can be 50 DMA . If trading in options - selling 35100 CE with SL as 35250 (future price). If buying options risky one - you may want to go for 34500 PE as 50 DMA is 34230, so if the hypothesis proves right this OTM option will become ITM and may fetch you max returns Another possibility - based on the below factors FIIs has bought heavily in the cash market.DII matched with selling. Fed meeting would be concluded after Indian trading hours. So it may happen that BNF remains range-bound. In that scenario, today's high and yesterday low may be taken as a range. Possible ways to trade- Selling strangle at BNF open price may be an option and keeping 25% as SL. Happy Trading MSK
NSE:BANKNIFTYShort
by msk_analysis
1
Bitcoin hits fresh all time high, how long will it sustain?There is a high possibility of some Pullback/Retracement. Looking at the chart - Technically in Bitcoin, At every $10k, there's an Accumulation Phase ( i.e. anger & depression ), and at some point there's a breakout, which is followed by an uptrend till next $10k. It's close to another $10k at $50170, which should technically act as a Strong Resistance. It has respected $10k before, therefore, it will in future. It doesn't matter who or the qty of bitcoins bought, markets have their own mind and events.
BITSTAMP:BTCUSDShort
by KuberPriya
9