Technical Analysis

Sensex and Nifty are edging close to their life-time highs despite continuing concerns surrounding the economy. The prospect of political change seems to have breathed fresh vigour into stock prices.

The algorithms are pre-programmed and make use of information in the market — such as market prices and quantities — to generate buy and sell signals.

Reliance Industries is range-bound between Rs 840 and Rs 885 over the last four weeks. A break-out on either side of this range will decide the ...

Adani Power (Rs 40): The stock of Adani Power is ruling at a crucial stage. A conclusive close above Rs 40.5 will change the medium-term outlook ...

A wind-down will reflect confidence on the sustainability of economic growth and will be a long-term positive rather than a negative.

Every time you want some information on a company, you head straight for the company website. But quite often you find that digging out information ...

The GDP growth for the September quarter at 4.8 per cent, indicating signs of recovery, may support the market in the week ahead.

The stock advanced marginally gaining Rs 9 in the previous week after taking support at Rs 840. However, the short-term trend continues to be down as ...

At what level can I buy ITC for the long-term? Anish ITC (Rs 320): ITC is in a strong uptrend and it is not surprising that investors are looking for ...

The stock remained range-bound between Rs 840 and Rs 884 and closed lower by a per cent last week. The 200-week moving average resistance, currently ...

For equity markets, election is yet another big event. More uncertainty causes more volatility. The only difference between other events and elections ...

IDFC (Rs 101.30): The stock is ruling at a crucial level. It finds immediate support at Rs 96 and a close below that will trigger a fresh fall in the ...

The MCX copper declined below Rs 440 last week. But taking support from the 200-day moving average (currently at Rs 428.8), it jumped back. Now, it ...

Signs of stress are beginning to appear in the weekly and monthly momentum indicators. Any further decline can affect the medium term outlook.

The bear market in gold is getting ferocious with the yellow metal moving steadily lower with every passing week. At $1,241/ounce, gold was down 3.6 ...

The most common method in which the Fibonacci numbers are used in trading stocks is through Fibonacci retracement. The retracement levels are based on these ratios; 0.236, 0.382 and 0.618.

The stock extended its decline by slipping 3.7 per cent in the previous week. It is now testing a significant long-term support band between Rs 840 ...

Indices have launched into a short-term downtrend. Extent of the current rebound will determine the medium-term trend in the indices.

Even as the BSE Healthcare Index clocked a 19 per cent gain, the stock of Cadila Healthcare lost 21 per cent this year, weighed down by challenges in ...

RIL fell 3.6 per cent during the week after testing a key resistance at Rs 920. While declining, the stock breached an important base at Rs 890 which ...

I bought Ashok Leyland at Rs 20.6 and HDFC Bank at Rs 682. Can you please provide the technical outlook for these stocks? Jagadeesh Kumar Balla ...

Gold was lacklustre and continued to drop in international markets. The US GDP numbers announced last week were stronger than expected — the economy ...

Investors straggling in to trade after Diwali celebrations were confronted with a sluggish market last week. Try as they might, experts, in their ...

Can you please provide the technical outlook for Axis Bank? Tarun Kanti Sinha Axis Bank (Rs 1,189): Axis Bank has not really gone anywhere since ...