Nifty Metal bearish formation

Nifty Metal bearish formation

Nifty Metal bearish formation Nifty Metal is about to form a shoulder head shoulder formation (HSH formation). Normally a HSH formation is bearish and we can expect a fall of about 20%. For the HSH formation to be valid, we need the price to...

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Nifty50 update 2018 may 18

Nifty50 update 2018 may 18

Nifty50 update 2018 may 18 Nifty50 has just crossed 3 important indicators. Moving Averages 20 has been crossed, MACD line has been crossed and RSI 50 line has been crossed. The indicators shows, that we might go into a periode with bearish...

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NIFTY200 bearish MA100

NIFTY200 bearish MA100

NIFTY200 bearish MA100 Indian Nifty100 Index is reaching to supportline and MA100 line. Will the price touch Supportline now ? We think so, as the price has been testing MA100 5-6 times within the last 1½ years. NIFTY200 bearish MA100

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MCEI Triangle breakout

MCEI Triangle breakout

MCEI Triangle breakout Multi Commodity Exchange Of India (MCEI) is forming a triangle and have just tested the supportline. In midt October 2017, the price broke out of the Triangle, but Sellers forced the price back. I think we will see another...

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TVS Srichakra Support Buy

TVS Srichakra Support Buy

TVS Srichakra Support Buy A week days ago, I received a TVS Srichakra Support Buy Signal, because TVS is testing Supportline. Since 2014, TVS Srichakra has been in a long term uptrend. In February 2016, TVS created a Strong Support level and...

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Nifty50 short opportunity

Nifty50 short opportunity

Nifty50 short opportunity Although a number of Indicators like Moving Averages etc. are providing bullish signals of Nifty50 Index, then I believe we have a Nifty50 short opportunity soon. As the image below indicate, then all Moving Averages and...

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Yes Bank Possible Breakout

Yes Bank Possible Breakout

Yes Bank Possible Breakout Yes Bank (YESB) is testing a strong Supportline from April 2017 and also testing Supportline started December 2016. It can drop below the Supportlines and fall or the price can accept the Supportlines and move up from...

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