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Dlf daily Dlf weekly Dlf monthly I am not much into realty sector though but this Stock has caught my eyes. Simply its a long consolidation phase going on. Daily chart shows a little confusing pattern with head and shoulder in the offing but Rsi on top range moving towards over bought zone. However monthly and weekly chart shows quite good investment options with RSI  Banks will be allowed to invest in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs),  Detailed guidelines will be issued by may end.      upside  can be ranged around  210-270  with support at 137-115 for long term scenario. Market is subject to risk Only time will tell
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Lets get on the back seat for a while , shall we!! Nifty given correction today due to US-Syria conflicts and weekly profit booking. Technically nifty can initiate a sell off till 9050 - 8990 level due to RSI divergence as shown in the image. As this divergence is in daily chart , I am not expecting a sharp decline but correction to touch a base level of  9050-8950  and wait for the broader picture to emerge. Only above  9275 market will continue its bull run further. Only time will tell Market to subject to risk
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HISTORY never repeats itself . If it did, we would have had World War after every two decades. Instead TIME  takes inference from history , re-corrects itself and make   NEW history 
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Crude shows  hell of a lot of time to break the head and shoulder pattern. It shows a good consolidation before the surge in price. OPEC has agreed to cut short their supply leads to price  stabilization  in the mid term. As per the chart if crude is able to break the pattern the theoretical target should be somewhere around 72-75 However there is a resistance at 57 -58 first. Market is subject to risk Only time will tell
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?!!?Will History repeats itself ?!!? only time will tell Market is subject to risk! Godspeed!!!
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The following is the Nifty daily chart Look closure into the tiny candles formation here, it looks like a short term Head and shoulder is forming which is further supported by volume formation. However the formation is yet to form and we have to wait for a crack below 8550 to confirm it. Two major resistance of nifty are 8680 and 8720 which may lead to failure of head and shoulder pattern to form. But If in case it starts to crack then nifty will try its best to fill the gap of 8375 created on 11th of july 2016 as shown in the image above. Further Nifty PE is 23.73 and dividend yield is 1.25 SO be cautious in every trade Time will only tell Market is subject to risk
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This is the nifty hourly chart Nifty closed at 7704 today. The rally begun from the date of union budget after testing 6830 and jumped all the way till 7704 today. Till 7450 all were bearish and now at 7704 all are so damn bullish. FIIs are buying everyday ......that is a good new, but do not forget they are equally fast to sell as they are to  buy. Market is on the verge of 5th of the 5th wave as shown in image above (hourly chart). Now it is the waiting for the corrective wave A to begin......for which we may not  have to wait so long. Nifty has made a breakout from the expanding triangle which most probably could be  fake breakout  . volume has not shown much of a zeal too. However it all depends on how much open position are left with buyers and blank sellers .  If market corrects it can drag down to 7270 level and may close around 7350 month on month basis. Only time will tell  Market is subject to risk  Mar...
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