Nifty has been going up over the last few weeks but in a wedge type manner. See the chart below. After the initial rise which happened at a fast pace, the angle of ascent has decreased. It is now going…
Nifty in a wedge
Author: RAHUL GUPTA
Stocks to outperform Gold
Relative allocation between assets is a very important part of portfolio analysis. On seeing the relative charts of one assets vs the other, we get very important macro trends. See the chart below of stocks vs gold: The period from…
Bank Nifty at trendline resistance
Bank Nifty has had a one sided move. It was around 21,000 in end September and currently it is close to 30,000. That is a 9000 point move in 2 months. How long will this trend continue? See the chart…
Nifty at significant Fibonacci Extension
The recent upmove in Nifty has caught all short sellers on the wrong side. Will this move continue or are we ripe for a big correction? Let us zoom out and analyse the big picture. See the chart below: If…
Market Breadth Positive
Market breadth indicates if a wider number of stocks are participating in the trend or it is being led by only a handful of names.A high breadth shows many stocks participating in an rally and hence it is healthier. See…
