In our current market situation, market has corrected significantly and investors are attracted into the market to find value. But due to the current volatile condition, investors should be skewed towards more defensively natured stocks. Hence, I have decided to spend a substiantial amount of time to practise my FA skills again. My FA concepts [...]

Continue reading...

Trend: Downtrend slightly sideway, 20ma flat, MacD below 0 but heading towards 0 Support: 2.42 (20ma), 2.31, 2.21 Resistance: 2.54, (50, 100, 200ma), 2.60 Observations: Candlestick – White candle with lower shadow testing 20ma. Histogram –Many Gs. Bullish divergence is seen. RSI – around 50%. Bullish divergence is seen. Stochastic – No Bearish cross yet. [...]

Continue reading...