SBI has fallen more than 50% three times in the last 10 years.
In order to find a rationale to invest, we have analyzed SBI in different time frames.
1. Demand Zone -
A demand Zone is an area where buyers dominate over sellers, there is massive buying pressure in this zone.
SBI is currently in demand zone which is around 160 to 150 levels. This...
TCS LOOKS GOOD ON DAILY TIME FRAME AND A BUY CAN BE INITIATED.
I have analysed it on daily time frame considering few points.
1. Fibonacci Retracements -
Fibonacci retracement levels are...
AXIS bank has corrected 60% from its highs of 760 and had touched 300, but does it make AXIS Bank a good investment opportunity?
I have broken it down to you and analyzed AXIS bank on WEEKLY Time-Frame.
1. VOLUME ANALYSIS-
• SELLING CLIMAX (Green Arrows)-
A climax occurs at the end of bull or bear market cycle and is...
1. Rising Wedge Breakdown – A rising wedge Is formed when price consolidates between upward sloping support and resistance lines. If it forms during a downtrend, it could signal a continuation of down move. This same pattern is noticed in nifty and breakdown happened on 4th of May 8, 2020. After breakdown nifty managed to remain below trendline...