Good buy call on Ujjivan Finance Based on technicals, price is now near a good support zone also RSI at nice level so expecting a pullback from 262-260 level with stop loss of 250
Bseindia
ESCORT : Wait For Pullback Before BUY 450We can see Pullback at 450 and Wait For Reversal Confirmation Upside
BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Indian Stock Market Outlook for 2018 The two-year bull run of Indian stock market since March 2016 is due for a breather. Sensex touched a new all-time high of 36443 on January 29, 2018, ushering new euphoria amongst people. Markets do not go straight up or down, they do so in steps. We are expecting a step-down 2018 for 90% of Indian equities. And we do not expect the new highs to be taken out for the better half of 2019.The reason for a bearish outlook for Indian markets for us is purely technical. We do not try to link fundamentals with our reason so as to appease the economists. What this means for an average investor is to either sit on cash or be very stock specific. Following the broader markets – it’s going to be very hard to generate a positive return on investment this year. How deep the correction is going to be will become clearer when the market makes a few lower lows and lower highs.
We, on this blog, are trying to bring you information and ideas to create wealth amidst all odds. Our investment philosophy is to be in the know of events unfolding that lead to changes either positive or negative – come out as a winner, regardless. Keep coming back to this blog to know what we have our eyes on. We will give you plenty of stock ideas so as to make your year a fruitful one.
BSE-500 SMA Technicals Chart50 days and 200 days Simple Moving Average (SMA) indicators for BSE-500 index chart
State Bank Of India- Best buy opportunity HI,
I hope everyone is doing well. as the start the last couple of months is really depressing for banking sectors as every major public sector banks is suffering at the moment and it's quite hard to just rely on the Technical side of these assets so just keep in mind that the risk is a little high while we try to go long on them, but it's really interesting to know what our technicals have to say one of major public bank ( State bank of India).
As per our analysis, We have found a major support in a month time frame in state bank of India. Remember this call is for holders whos like to double their money in a year.
Good luck.
NIITTECH Flag pattern TradingApproaching oversold conditions on the weekly graph.
TA also suggests signs of next wave formation.
Although, recent acquisitions could give a boost in the perceived value by the market.(Arago and Cast)
Hit the top resistance and retraced back ~22%.
wait for the channel breakout(green)
and trade in the flag pattern. watch out for the resistance marked in red.
I will update on the next price movement. and targets if it stays in the channel.
Pioneer Distilleries BO above 255 , can trade long as weekly charts shows bullish crossover on aroon indicator.