NSE:NIFTY
Indian Equity Markets followed up positive closing of the expiry day on Friday. The Markets saw a gap up opening with a renewed vigor, sustained it all throughout the day and the NIFTY ended the day with gains of 74.50 points or 0.70%. We enter into a truncated week with Tuesday being a trading holiday. Barring some more consolidation, we expect this...
NSE:NIFTY
In the week that was, the Indian Equity Markets continued to make a modest advance as the index NIFTY50 inched higher and ended the week gaining 128.25 points or 1.21% on Weekly basis. The volatility in the previous week remained overall less-than-expected and the Markets showed no major signs of any corrective move baring few range bound slightly...
Capital First is in a downtrend since it touched 660 levels recently, which now seems it may break. The RSI and MACD shows positive turnaround with a formation of Doji candle stick indicating reversal of trend. One can go long above 629 for short term target of 634/639/644 keeping SL below 624.
NSE:TDPOWERSYS
After a protracted downtrend, the stock is seen forming a potential bottom. Weekly MACD has reported a positive crossover. RSI is seen marking higher highs and a bullish divergence against the price is observed. In an attempted to reverse the trend, the prices may test the 200-WMA in a technical pullback.
NSE:NIFTY
The Markets ended the expiry day of the April derivative series on a positive note as the NIFTY ended gaining 47.25 points or 0.45%. The session remained absolutely quiet, contrary to expectations. Expiry led volatility was expected but the Markets spent the entire session in a 20-point sideways trajectory. It was only the last 30-minute of the trade...
Go for long on NSE:NIFTY F/O for this month. Supertrend, a reliable indicator has given a buy signal for today accompanied by MACD Bullish signal.
Buy NIFTY today aiming for a medium term target (Till April Expiry) of 10625(T1) & 11170 (T2).
A Stoploss of 10100 is highly recommended!
We are testing the top of the symmetrical triangle. MACD creeping to bullish divergence on the 4hr.
I believe we'll be shooting back up to previous highs in the near future.
It is not my advice that you do anything with this information. Just want to share my ideas.
NSE:NIFTY
In our previous note, we had expressed caution with regard to the lowest value of VIX seen in recent times along with elevated levels of NIFTY PCR (Put to Call Ratio) and the possibility of the Markets seeing profit taking bouts from higher levels. In line with this analysis, the Wednesday’s session remained much volatile, especially in the second...
As we can see from the 1 H Chart of TRXBTC(TRON BITCOIN PAIR) that we are currently in the 3rd impulse of the Elliott waves.
To subdivide it, we are currently on the 3rd subway.
The RSI is making higher Lows and also the MACD is bullish.
The expected target of the 3rd wave is around 900.
One more session of consolidation took place in the Indian Equity markets as the benchmark NIFTY50 ended the day with modest gains of 29.65 points or 0.28%. Markets saw a quiet opening on expected lines and just when it started to correct in the late morning trade, short covering lifted the Markets. Bulk of the short covering was rollover related in nature.
On...
In what can be termed as a classical consolidation, the Markets failed to sustain at the high point of the day. Very much on expected lines, the higher levels saw some profit taking coming in and the NIFTY pared nearly 50-points from the high point of the day before it ended the session with a modest gain of 20.65 points or 0.20%. If we discount the...
After peaking out in early 2018 at 328, the stock has been under classical corrective retracement. The stock bottomed out in the 250-255 zones and has shown signs that could trigger resumption of up move in coming days. A not-so-classical inverted (bullish) head and shoulder formation is seen on the Daily Charts. Daily MACD stays bullish while trading above its...
Friday’s session continued to witness a typical consolidation as the benchmark index NIFTY50 oscillated in a capped range and ended the day with a nominal loss of 1.25 points or 0.01%. The Markets continued to show resilience as it recovered significantly from the low point of the day before ending flat.
As we enter into expiry, we see that this is not yet the...
Inv.Head and shoulder formation is going on. If it finished and go above 237 (closing basis) it may reach the target levels. Daily MACD crossover may happen on upcoming days. It will helps to pattern formation and go above 237.
POINTS: 239,241,246.6,248.5,250,259,263,268-273
Vijayaraghavan,
Kovilpatti.
Pls see above chart.. Not only by trend lines, Indicators are also slowly turning to positive side(ie,Low RSI,Low stoch, MACD Cut,Low CCI,etc). So we can expect the targets.
Vijayaraghavan,
Kovilpatti
Refer above chart. MACD,CCI,&Stochastic will help to further move on upward direction. PSAR also turns sell to buy condition. Breakout also done in a Parallel channel.
Vijayaraghavan,
Kovilpatti.
