Prudent  Investments. ( Invest With Prudence. ) Infosys At  a  Glance. As per the charts above Infosys on Weekly basis has formed a Rising Wedge,  along with a Wolf Wave ( marked as pts 1 to 5 ) in the pic above, And their is also a Bearish Divergence on RSI, ( Marked as pt AB on the chart and AB on RSI ). ADX on the other hand shows that, even though their was a Positive DMI dominance, since the beginning of 2019, but the ADX line was below 25 , thus showing weakness in strength of the on going uptrend. Now, a rising wedge at the top is itself a signal of caution ..read more

Prudent  Investments. ( Invest With Prudence. ) Nifty Short Term View. As per the charts above Nifty hrly chart, from the last 3 candles, is respecting the Pitchfork support. ( See the red box in the pic ) While the Ichimoku suggests that the range bound activity may continue from  the Red horizontal support to the 3rd Blue Horizontal Line A break below the red horizontal line ( just below the red box ), will act as the last resort for the current scenario. A valid BO below it can lead to further downside and we may witness the Indian Benchmark Index falling down to th ..read more

Prudent  Investments. ( Invest With Prudence. ) Titan Short Term View. Titan Ichimoku Chart. As per the charts above Titan has broken its support and has closed below it. Most importantly this support has been broken after forming a  Double Top. Another important point to be noticed is , at the time of Double Top Formation, RSI has formed a Bearish Divergence, which acts as a supporting tool to BO of support. However, i would wait for appropriate Price Action, before entering into a trade , due to the fact that in the current scenario the Risk : Reward does not mat ..read more

Prudent  Investments. ( Invest With Prudence. )  Larsen & Toubro  Short Term View. As per the Chart Above L&T has broken out of the wedge , not only that, It has also formed a cup & handle pattern as shown in the pic above and has given BO of the same as well. However, the important factor to be noted here is that on the Daily Chart, we can see some wicks and gaps acting as support. The range of cup & handle is ( 1383 - 1309 ) in spot. The BO of which shows that L&T may come down to app 1235 - 1240. For F&O traders, one should always do sell on ..read more

Prudent  Investments. ( Invest With Prudence. )  ITC  Mid Term View. As evident from the chart above  ITC has broken a Crucial Monthly support app. 250 and has already given a close on Monthly Charts below it. But since the chart shows the formation of Flag Pattern ( price app. 43 - 252 ), and also the BO of the same , therefore the Overall Trend still remains positive. However, BO below the upper resistance of the Flag, has changed the Short Term to Mid Term view of the Chart. So the next levels where ITC can find buyers coming in can be app  222, 199 and 177. Th ..read more

Prudent  Investments. ( Invest With Prudence. )  Bank  Nifty  Strategy  Performance  Last  Week. Nifty  Strategy  Performance  Last  Week.   Rules for Trading:  Always trade in 2 or multiple of 2 lots at a fresh signal.   Book 50% position at a profit of 40 pts ( Nifty ) & 150 pts ( Bank Nifty ).  Exit balance quantity and make reverse position on next signal.  Always trade with sufficient funds. Subscribe  to  Our  Strategy  Signals   & Make  Profit  for  Yourself. Note : I am not a SEBI registered Investment Adviser an ..read more

Prudent  Investments. ( Invest With Prudence. )  Bank  Nifty  Strategy  Performance  Last  Week. Nifty  Strategy  Performance  Last  Week. Rules for Trading:  Always trade in 2 or multiple of 2 lots at a fresh signal.   Book 50% position at a profit of 40 pts ( Nifty ) & 150 pts ( Bank Nifty ).  Exit balance quantity and make reverse position on next signal.  Always trade with sufficient funds. Subscribe  to  Our  Strategy  Signals   & Make  Profit  for  Yourself. Note : I am not a SEBI registered Investment Adviser and my a ..read more

Prudent  Investments.( Invest With Prudence. ) Head & Shoulder Formation in  Nifty ( Spot )  Intra Day. Note : I am not a SEBI registered Investment Adviser and my accuracy is not guaranteed. My posts are my personal views and for information / educational purpose only. Therefore, kindly, do your own research or consult your adviser before trading or making any investment.  I am a Trainer & Mentor, for those who wish to learn Technical Research in Capital Markets. My ambition is to make you self - sufficient, by teaching you from Basics of Technical Analysis to High Probabil ..read more

Prudent  Investments.( Invest With Prudence. )  Nifty  Strategy  Performance  Last  Week. Bank  Nifty  Strategy  Performance  Last  Week. Rules for Trading:  Always trade in 2 or multiple of 2 lots at a fresh signal.  Book 50% position at a profit of 30 - 40 pts ( Nifty ) and about 150 pts ( Bank Nifty ). Exit balance quantity and make reverse position on next signal. Always trade with sufficient funds. Subscribe  to  Our  Strategy  Signals   & Make  Profit  for  Yourself. Note : I am not a SEBI registered Investment Adviser and my accuracy is not guaranteed. My ..read more

Prudent  Investments.( Invest With Prudence. )  Nifty  Strategy  Performance  This  Week. MTM  as on 6th June 2019. Rules for Trading:  Always trade in 2 or multiple of 2 lots at a fresh signal.  Book 50% position at a profit of 30 - 40 pts. Exit balance quantity and make reverse position on next signal. Always trade with sufficient funds. Subscribe  to  Our  Strategy  Signals   & Make  Profit  for  Yourself. Note : I am not a SEBI registered Investment Adviser and my accuracy is not guaranteed. My posts are my personal views and for information / educational purp ..read more