TRADING ARTICLES
Hexaware Share prices – Focus on the Price action of Long term trend
By Trading Predator August 27th, 2018 No CommentsHexaware share prices are trending higher since 2016. Shares rallied from 184 to 500 within a period of 2 years. But on Last Friday, Shares fell as much as 16.57%, after the company witnessed a series of large block deal orders. The primary reason for the fall is taunted as Promoter stake sale. Bloomberg reported
Crude Oil – Tug of war between Bulls and Bears with a mix of Macro factors
By Trading Predator August 23rd, 2018 No CommentsAgain in the energy segment, Crude Oil is taking the spot light. Recent Inventory reports and US – Iran sanction drama has kept the Investors astray on Oil prices. Global Crude Oil benchmarks posted a fourth straight gain matching its longest short-term rally since July 20. But still in the Intermediate time frame, Oil prices
Bank Nifty shows diverging price action and Momentum of the Trend
By Trading Predator August 17th, 2018 No CommentsThe sentiment in Bank Nifty might change in coming weeks as Bank Nifty shows a wide divergence between bank nifty and Momentum. Index prices are making higher highs whereas momentum measured by MACD is stagnating without any direction. It’s a representation that trend is getting weak. As a rule of thumb, momentum must precede price
ICICI Bank – Climax Movement in Share Prices
By Trading Predator August 10th, 2018 No CommentsWhen we look at the Daily chart of ICICI Bank, it’s pretty obvious to witness a strong rally from 260 to 330, that started on July 16 and persisting till to date. In the vocabulary of Richard Wyckoff and Price action Traders, these type of moves are referred as buying climax (when price shoots upward),
Zinc – Another Trend Reversal attempt over the Long term Trend
By Trading Predator August 2nd, 2018 No CommentsSince the month of June, most of the base metals are having a bad time. The MCX benchmark metals such as Copper, Aluminium, Lead, and Nickel tumbled from the Highs. On the other hand, Zinc lost the shine and dropped to multi month low. It’s the worst performing non – ferrous metal so far this
