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At times it is important to have a closer look at the other asset classes to gauge the direction of equity markets. Now below is the chart of USDINR which we published in our monthly research report in month of…
Dow Jones Industrial Average witnessing Serious selloff!
Dow Jones Industrial Average traded in red territory the entire trading session by having a gap down opening and closed at 24700 level after making an intraday low of 24569. It also breached the 50 days EMA . DJIA has…
Is Nifty top in place again? Are you ready for another BIG trend!
Nifty had been drifting lower over past few days and prices are on verge of breaking another important support level on downside. The weakness now seems to be global and not local. It is time to “cash the crash”! In…
Tata Steel at crucial juncture, what is the trade setup?
Nifty metal sector has been under pressure from past two weeks. The understanding of particular sector is important which helps in indentifying the stocks movement belonging to that sector. Below is the detail analysis of Tata Steel stock which can…
Dow Jones Industrial Average at a crucial juncture!
Understanding the trend of DJIA with Elliot wave and channels! Dow Jones Industrial Average seems to take resistance near its blue channel resistance hence we can expect a range bound movement in coming session. So one can use buy on…
MCX Gold: Understanding the medium term trend and applying Hurst’s Time Cycles.
MCX Gold has been moving in volatile swings since past few trading sessions. Post making a low near 30870 levels prices witnessed an upmove towards 31430 levels due to the appreciation in the currency pair USDINR. So it becomes important…
How to create a trading strategy for beaten down banking stocks?
Bank Nifty has been moving with volatility since past few trading sessions. One of the important aspects of Technical Analysis is to identify a good trade set-up and apply in a particular situation. We have been applying basic techniques like…
How to make more than 10% over short term when Midcap index was down by 10%?
Over past month we have seen serious selloff in Midcap and Smallcap indices. Midcap index infact corrected by more than 10%. But even during such time we have been able to identify stocks that defied the gravitational pull and moved…
DJIA where will it go!
DJIA traded in red territory for most of the day as it closed at 25320 levels after making an intraday low of 23808. The sideways movement in last 2 sessions seems to be digesting the gain of 900 points. It…
DOJI candle formation for DJIA!
DJIA had a gap up opening at 25336 levels at start of the trading session but it failed to sustainat high and drifted towards lower level closing at 25324. This suggest that the dejavu of market sentiments. It would be…