TheWizardsZone

TheWizardsZone

It is a blue chip company which is currently in correction mode. Any bounce towards 21 EMA is being sold into. Unless it makes a strong close above 21 EMA, the downtrend may continue and stock may correct to 200 SMA

TheWizardsZone

Gold has confluence of support around the current levels... 1. Support of the falling Channel (Blue Parallel Lines) 2. Support of the rising 2 year trend-line (yellow line) 3. 38% Fibonacci Retracement Levels. If USD1,700 hold on gold, we can see a strong bounce from here

10:59

TheWizardsZone

In the previous 2 quarters IT stocks rallied strongly going into the results with the rally fizzling out post results. Lets see if history will repeat again in March

TheWizardsZone Updated 

It has announced its new venture JD Mart which will compete with India Mart. It has given a strong breakout on chart even in correcting market and may get rerated.

TheWizardsZone Updated 

Big breakout on cards. With the current tailwinds for PSU Sector, it is not to be missed.

TheWizardsZone

Its Summer Time and AC/ Cooler Companies are on fire. VOltas has posted a very good set of numbers for Q3....with summer expected to be one of the hottest in India I think time for Voltas also is coming

TheWizardsZone

Another Power Stock ready to get rerated

TheWizardsZone

Tata Motors is breaking out after 1 month of consolidation. If it sustains above 340 then expect big upmove

TheWizardsZone

Last Friday when market corrected big time, Mid Cap Index was relatively stable and outperformed the Nifty....This out-performance may become the norm going forward

TheWizardsZone

Multiple Breakout on Cards...21 SMA and falling trendline...Continuation Flag

TheWizardsZone

If it does breakdown and sustains below 55SMA, then 200 SMA test will be on cards.

TheWizardsZone

It is breaking down on charts and Reliance Jio Tariff plan creates a headwind for the sector. Will MSCI buying over there is no immediate trigger as well

TheWizardsZone

Big Breakout Being Confirmed

TheWizardsZone

Another PSU Name...another big breakout on card...

19:00

TheWizardsZone

In this video, I have shared my views on various sector indexes and how they have performed against Nifty in the last few years and how they can shape up over the next couple of years.

TheWizardsZone

Tata Steel has given a fresh breakout after 3 months of consolidation in the range of INR 590 to 740. If the breakout sustains then it can head to INR 900 in coming month.

18:05

TheWizardsZone

In this Video, I have tried to share how a bear market in Dollar between 2002 to 2007 led to a huge rally in Commodities and EMs and how we expect the same bear market in DXY to repeat in coming couple of years and as a result the rally in EMs and Commodities may Continue. So, basically an overall perspective on some important inter-linked markets.

TheWizardsZone

Torrent Power is breaking out of 10 Year consolidation and has crossed the highs of 375 which it made in 2011. Stock can make a positional move towards 700 in days to come.