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SBI Monthly Chart While a typical chartist may call for break-down, the price-to-book value (historical fundamentals) indicate that the stock has multi-year support zone around the price range of 140 to 160. Are we going to see this support zone break-down and melt away in 2020 ? We expect to see long-term impact to emanate from today's policy...

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Reliance Montlhy Chart with EMA 55. Reliance is tracking high-growth markets since Nov 2016 and behaving like one of the large-cap tech stocks on Nasdaq. As the stock pivot's into a debt free company, are we going to witness another consolidation period? Today's price action was quite interesting, as the stock tried to scale its previous highs of Nov 2019. The...

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INDIA VIX - An follow-on update In the last two trading days after trading down towards 9100 levels and today morning, Nifty 50 rebounded to trade above but closed below 9350 levels , a failure of NIFTY 50 climbing back to middle of narrower range (9200-9600 levels), from a broader trading range (with lower boundary around 9100 levels and upper boundary around...

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NIFTY 50 monthly chart with EMA 55, comparing with its long-term trend channel indicates that markets have to trade above 10,200 levels to regain bullish trend. Until then, markets are likely to be consolidate within a bearish move, with short-term bull relief rallies, providing trading opportunities only. I have constructed an approximation of trend channel,...

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Hindustan Unilever Weekly Chart with EMA 55, yesterday's rebounds from EMA 55, need to see the action next week, to know if the rebound sustains. Disclaimer: This is not a trading recommendation. I am not a SEBI registered Advisor. Investments are subject to market risks and you may consult your personal investment advisor prior to making investments.

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In the last two trading days after trading down towards 9100 levels, today morning, Nifty 50 has rebounded to trade above 9300 levels. We need to see today's close and review, if the NIFTY 50 moves back into a trading range, with lower boundary around 9100 levels. INDIA VIX which had jumped earlier, has started declining in line with S&P VIX and we need to watch...