Nifty View
Nifty View
After a sharp upmove in last week of May 2019 (from 11400 to 12000 levels), Nifty is currently in consolidation phase between 11700 and 12100..
The much awaited “General Election” outcome is finally here and the BJP (303 seats) lead NDA (350+ seats) has finally got the clear mandate..
Since our last report published on 5th May 2019, Nifty is witnessing high volatility. During the fortnight, the index saw a sharp selloff from 116..
Since our last fortnightly report (published on 18th April 2019), Nifty has been largely range bound between 11800 and 11550 range..
After three‐months of sideways move in the month of March Nifty witnessed a massive move of 850 points (7.8%) and closed near the all time..
Company Research
Since Feb 2016, Hind Petro is in uptrend, making a series of higher tops and higher bottoms, taking support on long term trendline connecting the l..
The scrip has been into corrective decline since March 2016. During this correction it lost almost 50% from its peak of Rs.805 and touched a low..
Trading Ideas
Chola Finance touched its all time high of INR1760 in May 18 and then entered into a long term corrective phase. During its corrective..
Cipla is trading in Upward Sloping trend channel since June 2016. Since then it has made many attempts to clear this trend channel..
Since Feb’18, Biocon has been largely range bound between INR 550 and 700 and has taken support around 00 DMA multiple times..
Since Feb’18, Biocon has been largely range bound between INR 550 and 700 and has taken support around 00 DMA multiple times..