Smart money which can move prices at will are seen using this panic shakeout tactic to get rid of weak hands. There are many stocks which are showing this pattern. Following are few points that I have observed in this strategy are: 1. Stock price is near all time high level. 2. There is result or news coming at the same time. 3. Dramatic drop of price is seen...
As per last 10 yrs history Strategy of buying in march and selling in April would have worked 7 times. All these cases have occurred when nifty is close/below to monthly 20MA. While not worked on 2 times. (though in one case may did give good return) 7:2 is very high probability . . . Will this march low create good rally till may?
One and a half year long correction in Indian security markets have started showing sign of completion. A strong bull run is like a strong tide and it will lift all sectors. However, there will be some sectors which will give 1.3x return while others will give 3x return. So now relevant question is how to make our investment to gain 3x returns. To identify...
After good correction phase which started in Dec21 Nifty is now showing very good strength. A very good bullish indication is confirmed due to current week's breakout above 17900. Inv head and shoulder is now in place and we can see nifty reaching 19000 in coming 3~5 months. Nift below 17400 will negate this assumption hence. Last shoulder is formed with...
Nifty close below 17635 makes bearish Outlook very strong. As this is 20 week ma levels and close below last week low is not good sign. If today nifty closes below last week low bears will dominate for 5-7 weeks. Waiting for Close
A good descending triangle breakout is seen in tata motors. Breakout with gap is very significant. This gap is very unlikely to be filled. Targets of 522 and 586 expected in 3~6 months. Large SL of 399 considering the swing low or SL of 422 can be considering moving avg can be considered.
Good inverse head and shoulder is seen in this chart. Target 1750 / 1827 in near term SL 1583 buy on dips to get good risk reward.
Good support nr 200ma Target 22300 SL 20200 Also channel support can be confirmed
Resistance became support at 200MA also showing bullish engulfing Very good Risk Reward SL 2735 Targets: 3077/3400/3740
There is clear sign of bullish reversal in all international market all forming inv head and shoulder. Waiting for Indian market to also follow the same trend.
I have been monitoring and regularly profiting from these long term cycles in metals. Now that downward phase is going on will be waiting till Dec to see if can do some bottom fishing in metals. For those looking to short this is good candidate.
Reverting just above the support zone. It is very bullish signal if can stay above 2835. SL 2750 Target 3230/3480
Correction in ABB is complete. Took support at 200MA which is its regular support area. Also made a higher high. Buy on dips....
I recently heard few comments from some of successful investors that having gold does not really help in hedging portfolio. While expert stock pickers may be right that their portfolio does well in any weather. For small investor it is not easy. I have plotted gold vs niftyjr as my choice is to invest in niftyjr. Since I have been using gold as one form of cash...
This bearish candle stick pattern has come at 20DMA. Likely target 17200 ie previous low. Will this be last swing low for this ongoing time correction? Let us see if buyers are supporting at this level . Considering this will likely march low and also coming after 15-16 months there will be good low risk long term shopping opportunities coming up.
Bearish pennant breakdown in Metal index. 4600 levels likely in coming days.
Good cup and handle in Arvind Smart space target 400 SL 229
A good triangle breakout in linde india. from weekly 50ema. Target 4750 SL 2900