Federal Bank Share prices fell sharply in last two trading sessions. General Market psychology is indicating Panic Mindset of Market participants. We saw the same kind of Market behavior on other stocks recently. For e.g. Indigo Share prices tumbled heavily after poor Quarterly results. Now Federal Bank is following same route, 4h chart clearly shows […]
Federal Bank Price action – Panic Mindset of Market Participants Read More »
ICICI Bank Share prices are undergoing major structural changes. From Feb to April, Market was in downtrend. In Mid-April, prices broke the key support zone at 275, but later bounced back with strong momentum. This movement acted as a precursor of changing market sentiment. I have already pointed out these developments in earlier article. Here’s
ICICI Bank Price action – Focus on the Minor Consolidation Read More »
Indigo and other Aviation industry share prices are falling sharply from last few days. Market sentiment radically shifted from Positive to Negative. Investors and Market participants are liquidating their positions in an Aggressive way. Indigo Share prices tumbled from 1500 to 1200 within 4 trading days; it’s almost 30% decline from its earlier high. This
Indigo Share prices – Price action indicates Aggressive Selloff and Liquidation Read More »
Since Jan, there’s not much change in Gold Prices. Market structure is still in Range. Prices are trading within the borders of structural support and resistance zone. Structural Support zone is at 1310 – 1305 whereas Structural resistance is at 1360 – 1357. A combination of Dollar strength and selling pressure is influencing Gold’s Price
Gold Price Action – Trading near Important Support zone Read More »
This year is not so good for PC jeweller Share prices. In Jan, it was trading close to 600 per share, and then prices drastically fell till 200. Now prices have breached 200 and trading near 150 per share. So far, we could only see sellers’ dominance and bulls are completely absent. In last couple
PC Jewellers Price Action – Sentiment extreme and Oversold Market condition Read More »