Anand Rathi Wealth Ltd was incorporated on March 22, 1995. It is an AMFI registered mutual fund distributor and is one of the leading non-bank wealth solutions firms in India, being ranked amongst the top three non-bank mutual fund distributors in the country. The company offers a wide product portfolio of wealth solutions, financial product distribution, and...
Hello Guy's, Kotak Mahindra Bank chart looking very attractive, we can see Falling resistance trendline breakout and pull back pattern, and it has formed double bottom kind of pattern too, and today Kotak Bank has posted September quarter result also, Results are mind-blowing, I will write it down here, Sales has come 13717Cr, which is increased by 37% YOY EBIDT...
Good Morning Traders, Nifty and other indian Indices has done blood bath in yesterday session. American market has also done same. Now Gift Nifty suggesting a Gap down opening in market. Option data suggested that the 10600-19500 may act as a key support area for the nifty. while the 10800-19900 will remain crucial hurdle on the higher side. Well if i tell you...
Good Morning Traders and Investors, I hope you all will be doing good, i have brought an ideas on any stock after few days. Well you all guy's are familiar with this triangular pattern as i have explained many times before in other stocks. Here we have seem same pattern in Laxmi Organics, But after giving breakout price has not moved much for upside, and price...
Hello Traders & Investors, I have brought another analysis on Symmetrical triangle pattern breakout. Well this almost similar to Triangle pattern, but in this lower band trendline act upward sloping support in security. Same we have seen in Gujarat Ambuja Exports. Well there is higher Chances that we can see huge momentum in coming few weeks. So let's go, i will...
Good Morning Traders, Bank Nifty has formed Doji kind of candlestick pattern on the daily time frame, making lower highs and lower lows formation for second consecutive session. But good thing is that Banknifty have defended 44000 levels in intraday, it's a psychological support for Banknifty, Well today according to Gift Nifty market is ready to open on higher,...
Good Morning Everyone, Trends on Gift Nifty indicaties a flat to positive start in indian market. The market was under selling pressure on Friday as IT heavyweights continued to trade lower on concern over demand outlook and a slide in the banking stocks worsened the sentiment. That was the reason Banknifty have shown sharp declined (-311 points) in last one hour...
Hello Traders. Nifty is doing well since 2 days, Today also it has done well, and closed above 19800 which is positive sign for nifty. On weekly timeframe nifty has formed long bullish candlestick pattern and before to that we have seen a hammer pattern. All these indicating that Bullishness has come back in market, and market is ready to fly. We have seen recent...
Good Morning Everyone, Yesterday was the awesome day for traders, Bank nifty surged 474 points, and formed a bullish candlestick with minor upper shadow on the daily scale. Previous day's low of 43800 may act as a support in coming sessions. with resistance at 44500-44700, a break of which same can take the index towards 45000. Global market looking good,...
Good Morning Traders, Guy's today global market looking green, we might can see some bounce back in market, if talk technically about Nifty, the day was very volatile, we have seen gap down and then buying and then again pressure from top. So the day was really volatile, and Nifty had erased all previous two days gain after the Israel Palestine conflict pushed...
Good Morning Traders Guy's market was looking very very positive on Friday's evening, as American market had closed on higher, so Gifty Nifty was also showing huge positivity around 100 points. But due to Israel conflict, Everything has been opposed now, American Future showing more than 100 points down. Gift Nifty also indicating negative opening, no doubt if we...
Hello Traders and investors. I have brought an analysis on TCS ltd, it has given a breakout of kind of triangle pattern, And after breakout it has come to retest the levels, now it is showing pull back pattern, in between it has given a breakout of upper band of trendline and Price is sustaining above to that trendline, Seems Tcs is ready to fly in blue sky. This...
Good Morning Guy's Banknifty opened on gap up but witnessed consolidation for most of the day and closed at 44213, On the hourly chart, indicator showing positive divergence and crossover, which is bullish sign in Banknifty. We can expect Banknifty towards 44800/45000 in coming days. GIFT nifty also showing gap up opening, global market is looking good, we can...
Good Morning Traders, Yeah Market is looking oversold, A bounce is possible in indian market, i mean a rally of 120-180 points is possible in Nifty. Nifty have formed a small candle on the daily timeframe with almost identical open and close and with long lower shadow. Technically this pattern indicates the formation of a Dogi or Hammer type candle pattern....
Hello Traders. Nifty traded in lower range throughout the day and closed around 19528, good thing is nifty above 19500. If you Check Nifty has not closed below 19500 in last 20 sessions. Means it is simple buyers are accumulating in the range of 19475-19500. Any closing below 19500 will take nifty towards 19200 for sure. NIfty is safe above 19500. In case we get...
Hello Traders and Investors, i hope you all will be doing good. I have seen symmetrical breakout in SunPharma so publishing this..you can take advantage with that. Guy's Sun Pharma is looking good on chart, as it has given a breakout of kind of symmetrical triangle pattern and today price has make a pull back pattern which is going to retest the levels. Price is...
Good Morning Traders, Nifty has formed a bullish harami candlestick pattern in Daily timeframe. This is a indication of bullishness in market, According to this pattern price has to move in upward direction but as Global market is looking really bearish, might be we can see nifty in some lower range in today's session, Gift Nifty also suggesting a Gap down...
Good Morning Traders, It was a hilarious day for nifty yesterday, after opening that has never went back for upside, well guy's after Sharp fall nifty has broken important support zone 19600 and went down even lower than that, at some point it was showing huge bearishness when it touches 19500 levels, but it has respected the levels and closed above. For today i...