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Free Articles / Blog


EQUITY : Mcdowell Bullish Weekly Harmonic Pattern
UNITED SPIRITS  WEEKLY CHART

UNITED SPIRITS IS FALLING SINCE LAST 4 MONTH AND NOW TRADING NEAR 2530/2525 LEVELS. UNITED SPIRITS HAS FORMED A BULLISH HARMONIC PATTERN ON THE WEEKLY TIME FRAME.THE STOCK IS AT A GOOD SUPPORT LEVEL 2425/2400 LEVELS. STOCK CAN BE EXPECTED TO MOVE TOWARDS 2900/3200 LEVEL IN THE COMING DAYS.A BREAK BELOW 2400 WOULD NEGATE THIS BULLISH PATTERN.

03rd Feb, 2016 11:42:09 Read more...
MCX NICKEL...BULLISH HARMONIC PATTERN
MCX Nickel Monthly Chart

MCX Nickel has formed a Bullish Harmonic Pattern on Monthly Time Frame. Though fundamentals remains bearish on this metal, the bullish pattern warns of a short term bottom for the metal and a significant upside can be expected in coming weeks.

Recent lows in MCX Nickel around 540 should be held for a decent pullback rally towards 650-700 levels in coming weeks.

19th Jan, 2016 11:21:05 Read more...
COMMODITY : NYMEX CRUDE...Early Signs of Reversals
NYMEX CRUDE Hourly Chart

Nymex Crude is showing an impulse up move on Hourly Chart after a long time. The impulse move is also follwed by a three wave corrective decline. These are early signs of reversals for Crude. The recent lows should hold for further rallies now.

04th Jan, 2016 16:41:43 Read more...
COMMODITY : Gold and Silver nearing major Bottom
Gold Spot Weekly Chart - Elliott Wave Count

Gold and Silver prices have been underperformer for many years now and have been in a downtrend. Though trend remains down, prices are approaching crucial reveral levels where a major bottom could be in place

30th Dec, 2015 9:45:53 Read more...
EQUITY : Anticipated : First Target Achieved in ANDHRA Bank
Andhra Bank Anticipated on 15 Dec 2015

ON 15 DEC 2015, in 'Chart of the Week' section we updated our Analysis on Andhra bank and mentioned that "Andhra Bank is falling since last 2 weeks and now trading near 62.00 levels. The Stock is at a good support level and has just completed Bullish Bat Pattern on Daily chart. Stock can be expected to move towards 64.50/65.50 level in the coming days. A break below 60.00 would negate this bullish pattern" The Stock has met our target just in a matter of few days. To get updates for such trades register your Email ID on our Home Page,

22nd Dec, 2015 11:35:34 Read more...
EQUITY : Cairn India Bottoming Out. !!
CAIRN INDIA WEEKLY CHART

Cairn India is in strong downtrend since more than a year. The stock is highly oversold has completed Bullish Bat Pattern. These technical setups indicates that the stock has bottomed out for now and we expect the stock will take support near current level and will go upward to 170 initially and even as high as 225 in coming Months. Decline below 120 will negate this bullish technical setup.

22nd Dec, 2015 11:26:40 Read more...
EQUITY : Bullish Bat Pattern Andhra Bank
Bullish Bat Pattern  Andhra Bank

Andhra Bank is falling since last 2 weeks and now trading near 62.00 levels. The Stock is at a good support level and has just completed Bullish Bat Pattern On Daily chart. Stock can be expected To move towards 64.50/65.50 level In the coming days. A break below 60.00 would negate this bullish pattern.

15th Dec, 2015 12:30:21 Read more...
EQUITY : Relinfra..Good Shorting Opportunity !!!!!!
Relinfra Daily Chart

We Have Observed Strong Resistance In REL INFRA On Weekly And Daily Chart. Stock Has Just Completed Bearish Bat Pattern On Daily Chart And Bearish Divergence In Momentum Indicator Has Confirmed The Resistance. Stock Is Trading In A Consolidation Mode Since Last 2 Weeks Is Capped At Strong Resistance Around 420- 435 Level. Also Observed Momentum Discrepancy Reversal Down In RSI Weekly Chart. Stock Can Be Expected To Fall Around 363 - 345 Level In Coming Days.

19th Nov, 2015 10:55:25 Read more...