indiamarketoutlook

Rel Capital Cmp 129.50 The stock has taken a lot of beating not just in the last couple of days but for a year or so.... It is difficult to say whether it can be considered bottom fishing or if we are trying to catch a falling knife. That only will be answered in future with hindsight in perspective. So for decision making today so far as the green trendline...

MGL CMP 967 If you have been following us and seeing our coverage on MGL, we have been in it since 860 odd levels... Link to our previous post Nothing spectacular here so far but the ride has been smooth and easy without panic...

Dlf Cmp 162.30 The stock has broken the minor uptrend channel and in pullbacks is looking weaker. Target on the downside T1 149 T2 137 Resistance at 165-168 zone Take care & safe trading...!!!

With over a month gone by in 2019, we look in to the performance of Nifty and Bank Nifty against some of the World's major indices namely - Dow Jones - Germany Dax - Hangseng - China & - Nikkei ...over different time horizons In the above chart we see Year to date performance of our market which is in the negative (NiftY -0.15% & Bank Nifty -1.12%) Our...

Making his debut in Test cricket for Sri Lanka, Marvan Atapattu scored a duck in his first innings. And again, in his second innings. The selectors dropped him. So he went back to the nets for more practice. More first-class cricket. More runs. Waiting for that elusive call. And after twenty-one months, he got a second chance. This time, he tried harder. His...

ICICI Bank CMP 337 An interesting observation on a multi year chart - we are looking at 13 year time frame for ICICI Bank - each time ICICI Bank came near the upper end of the channel it has terminated its uptrend - interestingly ICICI Bank has tested & terminated its rally at the upper end of the channel around January time on all the 3 previous occasions...

YES BANK CMP 194.20 - The stock is trading between 20 day EMA and 50 day EMA just before result announcement - in our previous post on Yes Bank when the stock was at similar levels we had suggested that below 190 the stock may fall up to 182 (low made was 181.50) and above 198 there is a strong possibility of stock rising up to 208 (high made thereafter...

JSW Steel CMP 277.8 - the stock has some support at current levels around 268-277 - if the stock manages to hold on to the support levels then a bounce up to 296 / 308-320 can be a possibility Take care & safe trading...!!!

SBIN CMP 289.50 Levels mentioned in the chart Stop loss can be kept at today's high. Take care & safe trading...!!!

Levels mentioned in the chart... Take care & safe trading...!!!

Nifty CMP 10852 We have seen a nice expansion pattern and then a contraction pattern in Nifty. All forming a nice diamond in the making... Now we could be in for some directional movement. Diamond chart patterns are associated to reversal pattern. Be ready for a 640-700 point movement. Take care & safe trading...!!!

YES BANK CMP 191.20 The zone of 191-198 is very crucial for Yes Bank. Closing above 198 can open doors for target of 208 / 212 / 220 Inability to sustain above 190, then there is a minor support around 186-187 below which can lead to fall up to 182 / 178 Currently we have a neutral stance and will wait for the price action to give some further clues. You can...

PNB Levels are mentioned in the chart If u LIKE the IDEA and find the analysis helpful do HIT the LIKE button and FOLLOW USto get regular updates. Take care & safe trading...!!!

Bank of Baroda CMP 123.40 Levels are mentioned in the chart In case u LIKE the IDEA and find the analysis helpful do HIT the LIKE button and FOLLOW to get regular updates from us. take care & safe trading...!!!

Apollo tyres CMP 229.65 The stock looks likely to be loosing its grip. It may be looked for downside target of 224 / 221 in the short term View gets invalidated if trades above 233 In case u LIKE the IDEA and find the analysis helpful do HIT the LIKE button and FOLLOW to get regular updates from us. Take care & safe trading...!!!

Gujarat Gas CMP 656.80 Holding 652 the stock can be looked for targets mentioned in the chart Below 652 the stock can be looked closer to 636 for buying SL if closing below 625 In case u LIKE the idea and find the analysis helpful do HIT the LIKE button and FOLLOW to get regular updates from us.

MGL CMP 905 In our previous post we had recommended MGL for a buy around 860 for target of 920 and it worked to perfection to the point making a high of 919 Looking at the charts again we observe - price action holding on to the gap zone between 902-868 - 20 day EMA crossover above 50 day EMA in late...

SBIN CMP 298.60 Last time we took a shot in SBIN at 300.85 and it worked well achieving it's 1st target Looks like we have a re-take opportunity. Will it achieve its's 2nd...