Nifty

Nifty ends with a bearish mood

Nifty had opened up near the resistance level as i mentioned in the morning near 7560 and we did trade above the same for few mins but we could not sustain above the same for much time. Markets had stuck in the strict range after opening hours and we ended with a Dragon fly Doji  …

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Nifty

7560 a trigger point level!

May be traders and analyst are busy with Daily charts of Nifty, but i guess many of them have missed last weeks closing on weekly chart. As you all can notice on the chart, last weeks candle has been a Spinning top or may be even doji resisting near to 7560 which is a crossing resistance level of a recent tops …

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Nifty

Nifty ends up with No clue!

Today was the most boring day for positional traders as we end up nowhere by the end of the day. We can call it a trap day for intraday traders as both bulls and bears were trapped at least once during the session. Traders are in confused state of mind for near term while expiry …

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Nifty

“Dark Cloud” almost covering Nifty

I may be sounding biased since last few days but i am still sticking with Sell on Rise strategy on Nifty as i have recommended on the post “Nifty in Reserve” Today to fuel more on my view, we have notice a possible “Dark Cloud Cover” candle stick pattern which is a bearish reversal pattern. Conditions of pattern are 1. First candle should be …

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Nifty

Nifty approaching resistance cluster

After reading Nifty chart closely today morning, i just came across a probable double bottom pattern which has been confirmed. Though i missed it while breakout but we had already recommended longs on other factors. You might be guessing that now whats the use of it?? Of-course we can be cautious near its target of 7620. Similar resistance …

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Equity Research and Valuation Fundamental Research

Prerequisite of Fundamental Research

Before starting of with Fundamental research on any particular stock you must have a deep understanding of that business and the sector. There are two broad categories of information which is required i.e., Qualitative and quantitative information for analysis. Qualitative Information includes insight of the business and industry working which could be obtained through material readings, …

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Commodities Crude

WTI Crude target hit: $38

My final target $38 has been triggered for long recommendation on WTI Crude which was given on post “Crude could rally a bit from here” on 18th Feb! We saw tremendous rally on the crude last night around the globe which was one of the biggest intra-day rally of 2016. Technically now crude has surely bottomed out for the longer …

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Charts Knowledge Technical Analysis

Chart constructions

In last post in this section,  i introduced you to different types of charts used for analysis and now we will go through some factors that should be considered while constructing charts. Arithmetic versus Logarithmic Scale Charts can be plotted using either arithmetic or Logarithmic scale. Difference would be spotted on Y-axis where there will …

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Charts Knowledge Technical Analysis

Charts

Charts represents the traded price of underlying asset during the time frame under study. Charts can be of many different types but mostly commonly used charts are Bar charts and candlestick charts because it shows complete price action on the assets unlike line graph were only closing prices are represented. Charts also accompanied by Volumes …

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Nifty Bank

NiftyBank Target Hit: 15350 and Reversal expected

Banks finally gave some strong rally and it triggered my upside target of 15350 as recommended at Lenders of Last Resort on March 2nd. Strategy recommended was to go long on 15100 Ce and Short 15500 CE. As recommended to 15100 CE should have been covered yesterday which traded last at Rs.500. and recommend to hold 15500 CE forward for next weeks strategy As you guys can notice …

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