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Tag Archives: Bullish

Bearish selloff challenging the Uptrend

Sharp selloff challenging the Vedanta Bullish Trend

By Trading Predator August 14th, 2017 No Comments

Vedanta Share prices rallied from 240 – 300 during the period of July to August. The movement correlated with general direction of Nifty 50 as a typical bull market. From April to July prices were in a range between 220 -240. Price action broke out the range high 245 in July and started trending upside;

Idea Share prices - Downtrend is losing momentum

Long trade justifiable in Idea Cellular Share prices? Price Action Analysis

By Trading Predator March 16th, 2017 No Comments

Finally, there is some breathing room for Idea Cellular share prices. The downtrend that was in place since the beginning of May 2015 is finally losing strength. During the period of last two years, Idea shares lost 60% of its earlier gains. Prices fell from 200 per share to 70 per share within that period.

Axis Bank - Will the uptrend continue or reverse

Axis Bank – Is it a New Uptrend or Temporary fluctuation?

By Trading Predator March 8th, 2017 No Comments

Axis Bank share prices are making higher highs. We are seeing a correction or retracement above 500.00 (a notable psychological round number and key level). Well previous retracements which tested the trend resulted in trend continuation – Will the same happens this time? Since the beginning of this year, Investors are quite optimistic on this

BOF Price action trading setup in MCX Copper

MCX Copper Price Action Trapped Bulls! Is it a right time to short?

By Trading Predator February 16th, 2017 No Comments

MCX Copper trading at 403.00, slightly below an important resistance level 406.00. By examining the charts, we could see that Market was struck in a range for nearly a month. It seems like an effect of stellar rally in November and December, from that we can conclude it’s like an intermediate correction taking place in