Upcoming Seminar
TECHNICAL ANALYSIS New Batch will start from 16th Dec 2014. For more info call 9820526455.
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Upcoming Training
TECHNICAL ANALYSIS Course starts 16th Dec 2014 at Sion. For more info call 9820526455.
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Daily analysis : INFORMATION REGARDING NEW BATCH

New Batch For :

Technical Analysis starts 16th Dec 2014.

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Weekly analysis : SHORT TERM TREND REVERSES - 12/12/2014.

SHORT TERM TREND REVERSES - 12/12/2014. 

MUCH AWAITED ‘CORRECTION’ BEGINS.

As expected and mentioned in the previous weeks article, the market started to correct once the level of Nifty 8429 was taken out. Also interestingly it has just stopped shy of our Support zone between 8198-8175. Those who had taken our advice to hedge their positions were saved; hence we once again emphasize on using hedging strategies to take positions in the market. The market had moved up almost vertically and hence some consolidation was required. Thus this Correction is not only a necessity currently, but it will be healthy for the overall well-being of the market. Strong trendline support is seen at the level of Nifty 8100, which if breached then we will need to check for the Correction levels of a higher degree.

 

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