Finally there are clear levels showing up charts for Longer Term Support Zones for Sensex and also the Profit Taking Targets once the Rally has started. 15000 is the level where the current Correction on Daily Chart may find a decent support, however if thats broken we may head down straight to 13194 For the [...]
Feb
27
2010
27
2010
Jan
1
2010
1
2010
Ichimoku Learning: How to trade Stocks
Ichimoku is perhaps the best tool in Technical Analysis when it comes to find the Support and Resistance in market. The good thing is that it gives extremely clear signals of when to enter or exit from a Trade and also when to hold your Investments (as you can see in the Chart). In this [...]
Dec
20
2009
20
2009
Weekly Ichimoku: Nifty in Bearish Mode
As we identified earlier the Resistance Zone for Nifty between 5150 and 5300 has acted as a Strong Rejection for any upside move and so far there has been a Weak Bearish (Tenkan-Sen / Kijun-Sen) Crossover on 4H timeframe. However, the Crossover is well supported by the growing bearish sentiment and in result of the [...]
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