Price Action in Focus

Bank Nifty - Price Action in Focus, Paradoxical Pullback

Price Action in Focus – Paradoxical Pullback in Bank Nifty

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Global Markets are consistently making new highs as vaccine hopes are creating an optimistic sentiment among Investors. But still many professionals believe that markets are underestimating the economic risks and higher prices could once again lead to correction. Whether it’s true or not, historically we have noticed markets often retrace after making new highs, at […]

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Price Action - Tata Motors trying to break the range

Price Action in Focus – Tata Motors trying to break the Upward Range

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Tata Motors is one of the few stocks that have consistently broken through the previous highs in the last few days.  Despite average fundamentals and earnings, it’s outperforming the broader market along with few other automobile stocks. The Momentum that has picked up in the stock prices, over the last week, has decreased slightly when it approached

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Price Action of Crude Oil testing the Resistance Zone at 3200

Price Action in Focus – Crude Oil Testing the Resistance Zone

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Vaccine hopes are driving the Global markets higher.  Despite lockdowns and economic constraints, Market Participants are highly optimistic about the Market returns. Most of the Risky assets are consistently rising in value. Even though the spotlight is falling on the Stocks, it’s also worth watching the Crude Oil. If there’s one instrument that’s going to get high demand benefit

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Price Action of Nifty 50 and USDINR Intermarket Analysis

Price Action in Focus – Rising Nifty 50 and Stagnating US Dollar

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In Most of the times, Global Markets move relative to one another.  If you think about the Global Intermarket relationship as a big cobweb, US Dollar is the major link that connects that cobweb. Anyone who’s interested in knowing what going on in Nifty 50 should watch the co-relation between US Dollar and Nifty 50.  Just take a look at this

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Price Action in Focus – Reliance Industries, Hurdle in Downtrend

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Reliance Industries is one of the few stocks that have benefitted majorly from the Covid crises. Drastic changes in the company’s business model, diversification from Energy segment to Retail segment are the two major themes driving the Price Action. However, from last couple of days we can witness a downtrend in Stock Prices; it’s a Short term downtrend.  Prices have declined almost

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