Shivraj_Patil_

Shivraj_Patil_

The Nifty 50 index has corrected almost 6.5% from it's all time high and it has reached a level of 17600. It also tried to break the 200 EMA on the daily chart. The most recent fall of 600 points in three trading days was majorly due to negative news in the market. We may see a fast recovery in the coming days if there is a positive news or due to the...

Shivraj_Patil_

In the past couple of days, Indian markets have shown a major correction. The Nifty Bank Index corrected more than 6% while the Nifty50 Index came down by more than 3%. The main reason for this correction is the research report published by Hindenburg Research (A US based investment research firm) which suggested that Adani stocks may crash upto 85% crash purely...

Shivraj_Patil_

After two consecutive sideways days we were expected to see a trending market today . The index opened at 42891 with a gap up of about 400 points, and formed a red candle with a big wick on the downside indicating a positive momentum ahead, the opening volumes were also more today as compared to previous days which further confirmed the chance of recovery. It...

Shivraj_Patil_

There has been a steady rise in the Mahindra stock of about 75% in the past few months after the formation of three white soldiers pattern in the stock It may present a good opportunity after a minor correction (not investment advice) As the company's fundamentals are fantastic it is a must have in your radar

Shivraj_Patil_

Dollar has hit it's 6week low against the INR And its still crashing What may be the reason behind it? There have been continuous big red candle and making lower lows

Shivraj_Patil_

Market wont be able to survive fir long on todays (i.e 28th jul) levels after a huge gap of almost 400 points profit booking can come Nifty facing resistance at r2

Shivraj_Patil_

After the close of the second candle it broke the daily S1 and pdl Option buying should not be preffered as it was the starting of the day and target was small Profit booking at gap border Almost 60 points profit

Shivraj_Patil_

Zomato's stock has hit it's all time low today As all the pre IPO investors had a 1 year lock in period And today it expired There were a lot of sell orders The volume in the first 2 candles itself was about 70 million What do u think of this? Why did Zomato hit the atl? Do u think it will become a penny stock?

Shivraj_Patil_

Banknifty will potentially be in a strong uptrend and possibly break ath(all time high)

Shivraj_Patil_

When the first candle was broken bn presented a shorting opportunity with a 200 point Profit target and a relatively small stoploss

Shivraj_Patil_

After the days low is broken immediately take a short position and the index fell by around 200 points

Shivraj_Patil_

after the formation of the first green candle buy a future and place the stop loss at the days low and exit at r2