Dear Investors(Not Traders) The Engineering field is in fast development and New innovations and refined technology is evolving every day,Recently scientists developed polymer based solar cells (very cheap) with 13% efficiency solar and is in production now.The traditional solar cells are very costly and only 3 to 5 % efficiency. Another development is in the...
This chart is based on one of my all time favorite tech analyst Mr bramesh Bhandari who operates a blog "brameshtechanalysis.com" I just made a pictorial representation of his analysis.So the trading range mentioned is very valid up to get out of this range
Six Winning Option Trading Rules Rule 1—If prices are in an uptrend, and open interest is rising, this is a bullish sign. The bulls are in charge. They are adding to positions and making the money, thus becoming more powerful. There are undoubtedly shorts who are being stopped out, but new sellers are taking their place. As the market continues to rise, the longs...
Suzlon the non conventional energy leader(wind and solar) is highly debt driven company had a bright future as the global consciousness for non conventional clean energy is growing.At present all power sector players are badly beaten by huge debt due to govt and political interferences. Which cant be continued for very long time.Any time govt may bring a policy...
Hindalco trading on lower Channel support line of Bullish Channel it is is a sure buy. Closely watch the small price range of 180 to 176 on closing basis.Below 176 don't short and don't trade.Stock is extremely bullish .Buy and Hold above 184 for a target of 220+ time frame 10 to 15 days.
Trading at the top of the longterm downward trend line from 2011 TATASTEEL form a bearish butterfly at the top of trend line in the last 3 months price action.The stock can be shorted here as Risk reward ratio is very very low.Actually the idea was from Mr.Neteesh Jain who mistakenly quoted it as a long. Thanks to Mr.Neteesh to Identify a good trade.
Tea sector is available at rock bottom price as winter is on the way.Any Investors can be a part of the business by accumulating tea shares.Note that this is not a trading Idea .It is a part of investing in penny stocks. As the consumption of tea is increasing regularly and the tea plantation is not expanding accordingly in future tea become a luxury...
The left side of the bullish Gartley pattern completed.Right side is under formation.The glory and shining of private banks seems to be come to an end.At least a down trend up to 320 is possible.
ICICI Bank closed at the top of trend line.It also a double top.Last time its down trend started from here touched to Rs.180 from where the trend reversed. The bank’s gross non-performing assets (NPAs) more than doubled to Rs32,178.60 crore in the three months ended 30 September from Rs15,857 crore a year ago. Gross NPAs made up 6.82% of the bank’s loan book,...