Price Action in Focus

Tata steel-Price Action Trading at peak Value

Tata Steel – Price Action Trading at Peak Value, Is the Party over for Bulls?

NSE: TATASTEEL, with current market price of 1034, stock has risen over 312% from the slumps of March 2020, is it time for a quick retracement? Iron & Steel Sector has been shining bright from the beginning of this year. Since the market recovery of March 2020, Tata steel stock prices are in a Structural uptrend, the sharp rise has broken all […]

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Nifty 50 Price Action testing the Resistance

Nifty 50 – Price Action Testing the Resistance, Don’t forget the Declining Volume!

Are the Bulls back in the charge? NSE:NIFTY has been consolidating for some time, in a downward range. The falling volume levels are pointing out the fact that the Institutional Investors are booking their profits at these levels and are not entering into new holdings. Price Action tells us that the market is in a

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Tata motors trapped traders and consolidating stock price

Tata Motors – Trapped Traders and Consolidating Stock Prices

Indian markets are now consolidating after reaching its peak point 15430 (Nifty) and 37700 (bank nifty) When we look at Tata motor stock prices, you can see a consolidation taking place after reaching 350. Keep in mind, this particular consolidation can turn out be a short-term or medium-term correction.  To get a complete sense of what I am saying –

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Reliance Stock Prices - Market not responding to negative news

Price Action in Focus – SEBI Fines Mukesh Ambani, Reliance Stock Prices didn’t care

There is a famous saying in the markets – “During Panic, all good news are considered as Bad news, during euphoria all bad news are firmly neglected.” Sentiments and narratives are strong forces that drive the Price Action regardless of fundamentals. Markets often play according to the tunes of crowd psychology. People’s thinking and decisions most of the

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Nifty 50 - Price Action broke the Major Resistance and made a new high

Price Action in Focus – Global Markets Trading at New Highs!

Markets often diverge from Reality, especially when they experience Euphoria and Panic. Sentiments have tremendous impact on Market Prices. The Behavior we are witnessing right now in Global markets is completely different from what’s happening on Economic front. Despite Global economy trying desperately to become normal, Global Markets on the other hand are already trading

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