TNX (CBOE 10 – Year US Treasury Yield) – In a downtrend, lower high lower low. BRENT – Bullish above 200 EMA, in a pullback. NIFTY – Bullish above 200 EMA, in a pullback. RUPEE – Rangebound USD –
Recommendation: Investment Buy Stock : HCLTECH CMP : INR 1118.15 (EOD close) Code: HCLTECH090419 Stock : WIPRO CMP : INR 273.80 (EOD close) Code: WIPRO090419 Stock : TECHM CMP : INR 789.5 (EOD close) Code:
Nifty IT index is on the verge of breaking out from a seven-month consolidation. Preceding this consolidation the index had rallied 52 % between Sep 2017 to Sep 2018. Both INFY and TCS will declare their quarterly results on 12
Crude Oil finally clearing 200 EMA, expect some pickup in upside momentum.
Stock : IDFCFIRST Bank Code : IDFCFIRST010119 Intermediate-Term Target : INR 56 (+ 29.18%) > Achieved
Nifty strikes Deep but very overbought… expect some pullback otherwise be prepared for the blow-off rally The Intermediate-Term Trend: Strong follow up to the ascending triangle breakout of the last week. Nifty moved up 3.55% for the week.
Nifty took off like a Fighter Jet this week and we are now at the top end of the range again. Will it strike further or return back to the base? Nifty Daily: Nifty took off strongly on
If you look at the chart below, you can’t figure out the happenings of the India Pakistan conflict in the last four days. Already enough discussion has happened and we will stick to the charts here. Nifty Daily: The
Global equity markets moved up in unison in view of the news flow on the US-China trade deal. (Donald Trump last night) Nifty Daily: Nifty has strongly moved up today on the back