In the last week’s post, we mentioned that the underlying trend in the Nifty was bullish and buying on dips would be a safer strategy. While we were right about…Continue Reading
Last week, we discussed the concept of divergence in the RSI. This is one of the most popularly used concept associated with the RSI. It may be recalled from last…Continue Reading
Defying gravity, the Nifty continues its march up. We turned bullish right near the recent swing low at 5,477 and expected a rally to 5,800, followed by 5,970. The surge…Continue Reading
Hope the earlier posts on RSI was informative and interesting. This week, let’s discuss the much talked about divergence. The positive and negative divergence are the ones that are most…Continue Reading
Planning to buy gold on the auspicious occasion of Akshaya Tritiya? Why not do it differently, smartly and tax efficiently? In order to do so, you need to go the…Continue Reading
The Nifty managed to move past the well-advertised resistance level of 5,970 on Thursday. It still remains to be seen if this breakout is a genuine one or just a…Continue Reading
We take the discussion of RSI Range Shift that was discussed last week. We take a look at a couple of examples which would provide a better understanding of the concept.…Continue Reading
The view expressed in the Last Week’s update hasn’t changed much. There is still no conclusive answer to the key question – Is a major low in place at 5,477?…Continue Reading
Hope you found the previous week’s post on the Relative Strength Index (RSI) interesting. Taking the discussion forward, let’s discuss the typical range within which the RSI moves in a…Continue Reading
Here is the extract of the concluding paragraph from last week’s update: “The Nifty could rally to the immediate resistance at 5,610-5,620 range. A breakout past 5,650 could help the…Continue Reading