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Nifty ended the week 13 points higher at 5452 closing in positive 2nd consecutive week. TATA MOTORS and SBI were major gainers this week after good results with 13% and 8% gains respectively. JINDAL STEEL & POWER rose nearly...

KPIT buy was given on 18 June, the stock has performed as per expectations and now nearing our investment target also. Investors are advised to take profits.  Previous Report Link: ...

AXIS BANK (Rs 1290) has been moving in a very good up trend but now cracks are developing. 100 Day EMA (figure below) has been providing strong support and acted as an automatic trendline for the stock, currently 100DEMA stands...

KALINDEE (Rs 151):- The stock was a gross under-performer in whole rally but now shows positive signs as many non-performing sectors and stocks have started moving. This one shows a rounding bottom formation where 8-10% upside...

Nifty moved higher this week as it closed up by 72 points at 5439 and it has recovered last week’s losses easily. Leading the gains were TATA MOTORS, BHARTI AIRTEL, KOTAK BANK, HCL TECH, WIPRO which rose more than 5% each...

Nifty has closed down by 81 points at 5367 and fall was led by LT and RELIANCE both fell sharply on profit-taking after results. M&M, HCL TECH, HDFC BANK gained more than 4% each this week while MARUTI was top loser with 11%...

Here is an entertaining story about how strongly psychology can affect a market. It is from the book “The New Gatsbys” – It takes place at the Chicago Board of Trade.Soybeans were sharply higher. There was a...

Nifty has formed a rising wedge in Daily graph which is a bearish pattern to develop. Trades near resistance line around 5500. Breakdown below 5350 would signal a downtrend ahead, at least for short-term. RSI is showing negative...

SBI has been showing many channels in recent past and below is a weekly graph for the same. Every time there is a break from channel, the trend reverses. Now it is showing a rising Wedge which is a bearish formation and stock...

Nifty has closed at 29-month high and this week it was up 55 points at 5449. Gains were led by METAL and TELECOM stocks which bounced back after recent correction – TATA STEEL, HINDALCO, IDEA and BHARTI rose more than 5%...