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Nifty: We are at a critical juncture
Lets first present our medium term chart for Nifty. This chart shows the trend channel that has largely contained the correction in Nifty from 9100 highs in March of 2015. As you can see in a little more than three weeks we have traversed from lower trend line to the upper […]
Nifty jumps by 300 points on our call. What now?
Nifty rallied in accordance with our buy call issued on 20th January evening. It managed hit our target zone of 7580-7630. In due course, we will issue a supplementary report on our 2oth January call in order to outline an unlikely sentiment indicator that was also flashing buy at the time. […]
Indian Equities: Right time to start building your portfolio
Our last short term update on 12th January read: “Nifty opened lower yesterday and has managed to close the opening gap formed yesterday. Markets managed to bounce from 7494. The price structure looks corrective, but considering the volatility we recommend getting out of your short trades if markets cross 7633. […]
Nifty Short term Update
Short term Update Nifty opened lower yesterday and has managed to close the opening gap formed yesterday. Markets managed to bounce from 7494. The price structure looks corrective, but considering the volatility we recommend getting out of your short trades if markets cross 7633. The shorts can continue to target […]
The market mover from 31st Dec you must watch out for
A debt free heavy electrical equipment company which happened to have rallied by 13% on 31st December 2015 with extreme volumes has managed to break out above its 52-week high of 839. The sales of the company have been under pressure specially over last two quarters. The charts of the company […]
Is it the right time to invest in ELSS or equity mutual funds?
In this video we answer the question Is it the right time to invest in equity mutual funds? Welcome to our special report on Equity linked savings scheme or ELSS as it is popularly known. As you might be aware ELSS is a popular investment product because you can get […]
