Mphasis' stock has provided breakout from a consolidation zone
Lupin's stock is making a higher top and higher bottom pattern on the daily chart
The momentum oscillator MACD has provided buy crossover on the Nifty's hourly chart
One should refrain from creating any aggressive long position in Nifty at higher levels
Nifty is currently near its previous swing low which is placed at 9,150
Macquarie has suggested that taxpayers will the biggest casualty in the government-approved bailout plan for YES Bank
The dip in Nifty should be utilized as a buying opportunity for the target of 12,150
The Nifty has provided a sell crossover on its hourly charts and with that, the index seems to have reversed the overall trend in the short term.
The daily, as well as weekly momentum indicator MACD for Nifty, is well in the buy mode
The Nifty has broken down from the symmetrical triangular pattern, which is a bearish reversal pattern
Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
Till 11,950 is held on the Nifty, one can maintain the long positions however if it breaks one has to reverse the longs to shorts
Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
Nifty has again started to form higher tops and bottoms and has finally provided a breakout from the crucial swing resistance of 12,040 levels
Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
Stock recommendation by Jay Anand Thakkar,CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
Top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.