Over the past few days the cracks in the Broader Market has hurt lot of investors/traders. But we have been finding some hope with index still being above 4700. ( this is untrue ) Broader market is at 3800 and 13000 levels. ( look at this image - - http://www.nooreshtech.co.in/wp-content/uploads/2011/10/NiftyataGlance.png [...]

    Sensex Technical View: -> The fibonacci retracements are placed as follows 38.2% retracement – 15500-16000. 50% retracement – 14500. 61.8% retracement – 13000.       BSE Dollex 30 This is a good indicator as the major inflows is through foreign sources. The index did not cross the [...]

Of late many of us have been talking about the Index and a good feeling comes is that Nifty and Sensex have just fallen 25% since 2008 or 2011 highs which is not really bad.   Everyone around the street is taking their best guess on the where would Nifty/Sensex [...]

Although i have been consistently posting about staggered buying and then updating to book the same in the past many swings in the market but today will try to look into a simpler chart on weekly basis. If we look at the chart we have lot of supports at 15400 [...]

  Time-Wise correction so be stock specific.  Recent bottom tested at 15800. Important support levels remain in the zone of 15400 ( + - 200 ). View remains to buy staggered but quality stocks. First signs of turnaround would be when we see a close above 17300 levels.     [...]

USD – INR – Nearing major resistance and now near 2001     USD-INR after making multiple bottoms at 43.8 zones gave a breakout above 45 recently and has spiked up sharply. The target projection for such a breakout would be 49 in short term which has been reached. At [...]

    Eicher Motors – Stock has hit 52 week highs in falling markets :) which clearly shows the strength. Accumulate on every dip stoploss 1300 medium term target price 1600-1700.   Disclosure: We have a buy on Eicher, Berger and other stocks discussed and will be from a little [...]

Jain Irrigation -   A nice triangle pattern waiting for a breakout above 180 levels. Can jump to 200 + in short term.   Deepak Fertilizers - Yet another fertilizer stock which is shaping up nicely for short to medium term. The others we are recommending is GSFC and Chambal. [...]

Hi,   This is a detailed update on the current market scenario with our favorite stocks. In our previous updates a couple of weeks back at 5400-5100 we had mentioned one should at least keep 50% cash.   We consider the next few weeks would be a good time to [...]