Updated on 8 Aug 2018 PIONEER DISTILLERIES LTD : CMP 265 | Descending Triangle Breakout | Target 305/405 in 3-6 weeks | SL below 232 on CB UPDATE : High after post 291.65. SL hit due to negative news of order from Maharashtra Pollution Control Board to stop all manufacturing activity at one of its […]
READ MORE >Voltas : CMP 573, View – Bullish, Target 636, SL below 555 on CB, Time Frame – 1-2 Months 2. DLF : CMP 177, View – Bullish above 188, Bearish below 170, Target- Above 188 can see 208/224, Below 170 can see 161/155, Timeframe – 1-2 months 3. Havells : CMP 610, View […]
READ MORE >Last week Nifty consolidated in a narrow range of 10830 – 10701. On Friday it made a strong upmove and ended the week slightly positive and formed a bullish engulfing candle on daily charts and dragonfly doji on weekly charts in the process. NSE Midcap and Smallcap indices underperformed during the week and ended 1.15% […]
READ MORE >After a long rally in Indian and global equity markets we are seeing a sharp correction from past 3-4 trading sessions. The rally was one of the longest and lasted for more than 7 months without any significant correction. Nifty hit a low of 7893 on 26 Dec 2016 and hit a lifetime high of […]
READ MORE >Nifty are likely to open on a flat note on Monday following mixed global cues. SGX Nifty was trading 2 points down at 8,112 in morning trade, indicating a flat start for domestic equity markets. Asian peers Hang Seng, Nikkei and Shanghai indices were trading down by 0.11 per cent, 0.64 per cent and 0.90 […]
READ MORE >After closing in red for six consecutive trading sessions Nifty took a breather yesterday and managed to close in green above 8000 levels forming a Bullish Harami and Hammer pattern on daily candlestick charts indicating a possible reversal. Nifty is likely to open gap up today as SGX Nifty was trading 60 points up at […]
READ MORE >Indian markets are likely to open in big gap up tracking SGX Nifty which was trading 106 points up at 8221 at 8:45 am. Nifty to find immediate resistance around 8220 levels. After the sharp fall in past couple of trading sessions markets may see some buying interest from value investors. Markets continue to be […]
READ MORE >Indian markets are likely to open in gap up today tracking positive cues from SGX Nifty which was trading 22 pionts up at 8725 at 8:50 am. Asian markets are trading mixed. Markets will react to quarterly numbers from over 50 listed companies including Axis Bank, Idea, Relcapital and three Adani Group companies.
READ MORE >After rebounding strongly from 8500 levels Nifty is likely to trade in a range in today’s session. Nifty may open a bit lower tracking SGX Nifty which was trading 10 points down at 8687 at 8:50 am. Asian markets are trading mixed with NIKKEI up 0.16% and KOSPI down 0.35%. US markets ended lower after […]
READ MORE >Indian markets are expected to open positive following positive clues from Asian markets. SGX Nifty was trading 31 points up at 8563 indicating a gap up opening for Nifty. Yesterday Nifty moved below it’s crucial support levels of 8540 to close @8520. Our near term view on Nifty remains bearish and we advise traders not […]
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