Price Action in Focus

Price Action in Accumulation Phase and Sharp Gains

Price Action Highlights – HLE Glasscoat Ltd, Up by 20% and Signs of Accumulation!

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Here’s a stock that might be interesting for short-term traders and Swing traders.  It has already shot up by 20% from the bottom, even showing signs of Accumulation Phase. If the Accumulation Phase is successful, stock prices could rally further. HLE Glasscoat, also known as Swiss Glasscoat, is a small cap company, a leading manufacturer […]

Price Action Highlights – HLE Glasscoat Ltd, Up by 20% and Signs of Accumulation! Read More »

Nifty 50 - Price Action with Momentum Breakout and Trapped Traders

Nifty 50 – Buying Pressure, Momentum Breakout and Highs!

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The Bulls are rejoicing and the Bears are crying. Nifty 50 does it again! Short-term sentiment has quickly turned around in the market.  Short sellers, despite making decent returns the last couple of months, are caught off-guard. Since the beginning of July, the Nifty 50 has been on a bullish cycle.  Prices have rallied all

Nifty 50 – Buying Pressure, Momentum Breakout and Highs! Read More »

USDINR Mark Up Phase and Overbought trend

Price Action Highlights – USDINR in Mark Up Phase but Overextended trend !

Price Action in Focus /

There are times when Technical analysis can collide with the on going fundamentals of an asset. Understanding the market sentiment or taking any trades can be big issues in such circumstances.  The present condition of USDINR reflects such a scenario. On one hand, aggressive rate hikes by the FED are pushing the US Dollar to

Price Action Highlights – USDINR in Mark Up Phase but Overextended trend ! Read More »

Bank Nifty Price Action on Weekly timeframe

Price Action Highlights – Bank Nifty is still in the Correction Phase!

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Recently, Bank Nifty has rallied upto 5.00% after testing the low of 32500 at the end of June. The recent bounce back has sparked somewhat a kind of temporary optimism among investors and traders. But if we look at the Big Picture in Bank Nifty and the entire domestic and global markets, the scenario is

Price Action Highlights – Bank Nifty is still in the Correction Phase! Read More »