India's main index, NIFTY 50, hasn't broken down though these one hour boxes, on a closing basis, since the massive selling on December 21, 2020.
A case for long NIFTY continues till the boxes keep getting marked up.
It can't be gainsaid that this is a market, in which one should move with Stop losses on a progressive basis.
The CEO of the company was featured in an Indian Business magazine, in a very laudatory article. It is a widely held belief that such articles herald the beginning of the decline in the company's business, portended by stock price.
Britannia Industries stock has been a laggard in the massive rally in the last 2-3 months. In fact, it broke down below the...
Sun TV once again attempting to break out of the barrier around Rs. 500 mark. This time around it has very good volumes reaching the barrier and RSI seems supportive as well. A close above 520 will truly take it amongst the stars!
It seems as if some one needs to sing the old Bollywood song to Sun TV, "Aao Huzoor Tumko Sitaaron Mein Le Chaloon"!
It seems that Silver OANDA:XAGUSD is forming a Head & Shoulders pattern on a 3 hour time frame. This seems to be running against the expectation of a pending rally in precious metals.
