Price Action in Focus

Bandhan Bank - Price Action Analysis shows failed trend reversal attempt

Price Action Highlights – Bandhan Bank, Failed Trend Reversal and Bounce back !

Bandhan Bank stock prices have so far defied the general market sentiment.  After the company reported a multifold jump in its net profit for the quarter ended in March 2022, Stock prices have seen consistent demand.   The reports came out on May 13th, but the stock prices in Bandhan started to shoot up even

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Indiabulls Stock Prices - Trapped Buyers and Downward Breakout

Price Action Highlights – Indiabulls in a Downward Breakout. Trapped Buyers are screaming!

It’s really a wonder to see how a couple of months ago, Indiabulls Housing Finance was a dear stock to most of investors and traders. Today the story is completely different! Once the broad market and major stocks entered into a correction phase, Indiabulls witnessed a drastic selloff since the beginning of 2022. If we

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USDINR Price Action is a Problem for the Markets

Price Action Highlights – USDINR at New Highs – Problem for Stocks!

In my previous contents on Intermarket relationships, I have already highlighted the relationship between USDINR and Nifty 50 several times. Whenever USDINR reaches a new high, it never ends well for the global markets, which include Indian Stock markets as well. Again, we are seeing a similar price action in USDINR right now.  It means

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Ambuja Cements - Price Action Analysis shows a turnaround in Stock Prices

Price Action Highlights – Ambuja Cements and Trend Reversal Trade!

For all those Counter trend traders out there, here’s a stock that you may want to consider – Ambuja Cements. Stock prices have turned around and rallied nearly 27% within a few weeks.  From 280, the prices went to 370, which is an impulsive movement for the Stock. The most interesting aspect of the Stock

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