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TRENDING NOW (Updated 11 am daily): Positive trend, Negative trend:| HINDUSTAN UNILEVER LTD | INTER GLOBE AVIATION LTD | MINDTREE LTD| JET AIRWAYS (INDIA) LTD | YES BANK LTD | AVENUE SUPERMART LTD
Advice of the Day by Ashish Kyal, CMT – updated 11 am daily
Nifty gave a positive breakout exactly as we have been anticipating and that too within the cycle low period.The trend looks to have turned positive and further upmove looks plausible. Existing longs can now start using trailing stop method.
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Waves Strategy Advisors is an independent research house providing trading and investment advice using Advanced Elliott wave – Neo Wave and technical analysis. Price forecasting is done on varied asset classes like Equity, Commodity, Currency with focus on Global markets.
Ashish Kyal is the founder of Waves Strategy Advisors
He is a Chartered Market Technician (CMT) and a member of Market Technicians Association (USA). Ashish writes for MTA newsletters, International Federation of Technical Analysts – USA and is a frequent speaker on business channels like Zee Business, CNBC TV18, Bloomberg TV, ET NOW and Rajya Sabha TV . He is a regular columnist for Economic Times section of Navbharat Times, a leading newspaper.
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