Here is a quick Nifty update. Have a look at the 15-minute chart of the Nifty featured below. Notice how price reversed at the prior gap and has also fallen…Continue Reading
The Nifty has moved in sync with our expectations during the just concluded week. The index has done nothing much since our previous follow-up posted on June 20. From the…Continue Reading
The scenario mapped out in the Monday’s post has played out to perfection. The Nifty turned weak right at the prior gap area of 5,860-5,890 that was highlighted in the…Continue Reading
Our recent stance of the Nifty sliding to 5,650-5,700 has played out. The index last week fell 30-points shy of the target of 5,650. The sharp bounce back on Friday…Continue Reading
In the latest issue of ATMASPHERE, a monthly publication by ATMA India – a professional body for Technical Analysts in India, I had written an article on action/reactions and sloped…Continue Reading
The Nifty moved in line with the last week’s expectations. The failure at 5,970 on Friday confirms that the trend is down. Kindly direct your attention to the 15-minute chart…Continue Reading
The positive view featured last week played out as anticipated and the Nifty rallied to the 6,090-6,110 range mentioned last week. The failure at the earlier swing high of 6,110…Continue Reading
We launched FundsIndia Smart Solutions about a week back, and the response has been overwhelmingly positive! People love the idea and think it’s a great service. If you have not…Continue Reading
Last week, we had highlighted that the outlook for the Nifty is bullish and it would take a fall below 5,970 to violate the bullish sequence of higher highs and…Continue Reading
Last week, we discussed the concept of divergence between the RSI and price action and discussed a few practical problems associated with it from a trading perspective. This week, we…Continue Reading