Category: Equity

Dear All, Nifty fallen from 11750-10880 almost 850-880 Points down. Nice one side movement since 03-09-2018. Lot of messages I’m getting, whether nifty bottomed out ? To answer this Let’s go to chart and see what they have to offer us . On Daily Chart, There is a Hidden Positive Divergence.. (hidden positive divergence develops when…

Dear All, As we have recently seen the performance of Pharma and IT Sector whatever the reason behind this rally, Chart already predicted that run..!! On longer time frame I see a very good opportunity for a investment in Pharma Sector and my favourite pick is “AUROBINDO PHARMA” Below is the Weekly Chart of Aurobindo…

Dear All, I’ll be soon launching premium membership. Premium membership will have Learning while Earning concept. Premium Membership is not compulsory but yes those who are serious about trading can join ! Premium membership will include extra benefits. Details of the same will be shared soon! Two stocks came to my radar are VOLTAS &…

Dear All, This is my view on Nifty.. Hope it will be helpful to take trade in the direction of the index. April IIP data came at 4.9% and CPI inflation rises to 4.87%. During last 30 mins market seems like cheering up the IIP data. The RBI last week has raised its benchmark interest…

Dear All, Lot of Drama’s happening on Political front related to formation of Karnataka Govt. Whether BJP makes govt or not.. These short term events can not change the market sentiments. If you see, Nifty rallied from 9960 levels to 10900 levels in no time but reality is that market breadth is negative and not…

Dear All, Gartley Pattern worked well and given all the targets! Cheers Sid

Cheers Sid

Dear All, 1st commodity update for all my followers. Gold has made a bearish Gartley pattern on the hourly chart. Price action also suggesting the same, as the price gets rejected from imp resistance level. Please find the Gold Chart for your kind reference. Bearish Gartley Details are The main rules of the Bullish and Bearish…

Dear All, It’s been a nice one-sided month of Feb and March. Bears active all around. Now the question arises what next? Let’s focus on charts and see what price is offering. Below are the charts for your reference. On Hourly Chart, Price is perfectly moving in a parallel channel. Channel Resistance at 10300. On…

Dear All, In my last post about Nifty, I’ve clearly mentioned the Trading range of 10300-10600 which worked so perfectly. So, 10300-10600 range is intact. 10600 level was a confluence zone of fib ratios which act as a strong resistance level and see how price got rejected from there. My view will remain the same,…