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TRENDING NOW (Updated 11 am daily): Positive trend, Negative trend:| INDIABULLS HOUSING FINANCE LTD | LARSEN AND TURBO LTD | JUBILANT FOOD LTD| ZEE ENTERTAINMENT LTD | HINDUSTAN PETROLEUM CORPORATION LTD| REC LTD
Advice of the Day by Ashish Kyal, CMT – updated 11 am daily
Nifty broke its prior bar’s high and closed the session above it. One must continue riding the trend as is and avoid anticipating a reversal by catching a top. Only a close below its prior bar’s low would be the first sign of a change in the trend.
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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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