At the end of day only result matter, no body will care about lame excuses. After Starting Technical Batches in July 2018, I never thought that my learning and teaching can put so much impact on participants life. Last 8 months all participants did hard-work and now I can see the result, one of TA-1 Batch participant is now Trading for living. In market Result you will get only when you filter out Noise and…
Sucker Rally generally refers to temporary rise in stock price or whole market, just to attract small traders, speculators. We can also term it as Dead cat bounce, Bear market rally ( This information applies to Small cap and Mid-cap category stocks as Both category is in bear grip). Bear Grip means when a stock/Index falls 20% from highest point. Dictionary Meaning of Sucker as one “who is easily deceived” or “duped ” Many new…
Last 4 months we saw too many bearish pattern, like Ashok Leyland, M&M, Tata Elxsi. Now some Bearish Continuation pattern is there in the market, that means more lower levels will be there in some midcaps, All these updates are there in My Telegram Channel InvestWisely Jai Corp CMP Rs 88 Heading towards Rs 65Tata Chemical CMP Rs 585 Heading towards Rs 540.Avanti Feeds CMP Rs 335 Heading towards Rs 230.GIC Housing Finance CMP Rs…
After Waiting for 5 weeks Nifty still not able to cross 10985 Resistance, Now it’s really hard to cross that mark again. Last 5 weeks, everyone was waiting for the Budget, and on Budget day it made a Bearish Sign. So Better to Hold cash for the last Panic in the market. Many Good shares going towards their long term support, Earlier they broked Short term and Medium term support, So now in the next…
There is no trend in the market, less volume, all lead to choppiness, still some trigger in big shares giving us an indication of the downtrend in the market. Everyone talking about Eicher motors when to buy it, see it all depends on your time frame of Investment, If you are looking for Short-term then 20k a good price for some small bounce, but that bonce will not sustain for long period. For long-term Investors wait…
After so long I got some Bullish pattern, and it will try to hit the respective target by March 2019. ( +-2 months) some good Bullish pattern is there in Cummins India, Trader who use to take a trade for a time frame of 3-5 months can easily buy this. There are 2 Bullish Reasons for this Cash trade. Inverse Head & Shoulder. Breakout from Lower Low and Lower High. Inverse Head & Shoulder is…
Bumpy Because of Upcoming Election. Because of High Volatility in Global Market. Bumpy Because of other Asian Market is in Bear grip. There are many other reasons, but above are the main factors, time to time we have to analyze all these things to get a view on our market, and Most Important is Movement of Crude oil, that can change all the game of Indian Market. Whatever I write is for generally short to medium…
Like last 2 weeks, every short seller was confused what’s all happening to Nifty, why this is not falling? Even Put holder were scratching their head because expiry is near and they hit by huge erosion of premium in option prices. These days People using term “Decoupling” that means some asset from a group going against the trend. Decoupling: That means when two different asset classes that typically rise and fall together move in opposite…
There is no reason to buy any share at any random price, check price, check technical you will get your answer, Overall there is no doubt about Sterlite Technologies company share price, but being a midcap share we have to take care of it by applying technical on it. There is only one good pattern formation which is Supply-demand zone, which confirms our next buying point. What is Demand-supply? That means finding out the maximum number of previous…
M&M is an overall good company, but recent sell-off in the market will push the price of M&M much lower to Rs 640 levels. I have three reasons to Justify Rs 640 Target in M&M, Overall it will take near about next 4-6 weeks to hit our target. Rectangle formation For this, we have to wait for closing below Rs 715 as per daily charts. once we get our condition of closing one single candle below…