Angel Broking is a stock which has rallied from its IPO like crazy. Insiders activity is suspected in the rally. No signs of the stock correct due to it's firm financials and fundamentals and due to surge in volumes, I think a rally is here. Potential upside is seen. If the stock doesn't reach the target till the line I inserted exit it.
Supports to be made stop...
Nifty Index known as NSE or Nifty50 has or is experiencing a big breakout out if its much-expected consolidation phase. This is a big breakout is big because the market has become resilient to the Federal Reserve's decision to begin taper from November. If the Nifty50 index continues to hold above 17,620 it can well top 18K! Long positions should be made, do not...
NSE has made a little breakout at 16220 which turned now support for the index. The index has now a new resistance point to break but due to already weak global cues and the Federal Reserve's taper looming at the market, Nifty50 has to experience a consolidation phase for a few days (phase to last till week) Be on a close lookout for breakouts or downward...
Voltas Ltd. has been in the news for shorting recently. But demand in consumer goods and higher trading volume s had made the stock jump and pass the resistance point it has been trying to break two times as seen in the chart. Breakout is observed which makes it a strong buy currently. And coincidentally, it is the only Tata stock which hasn't witnessed...
