Nickel, just like other base metals, had an average performance since the beginning of 2018. Based on MCX prices, metal’s value rose from 750 in the month of Jan and touched 1000 in April. Overall Market sentiment and perception is optimistic in Nickel, but it may change if the recent fall turns into moderate correction. […]
Nickel Price action – Interplay of Upside breakout and Selling pressure Read More »
From last couple of Days Airtel shares rallied consistently. Share prices bounced back from 375 to 430 with decent momentum. Recent Price action might indicate the changing structure and market behaviour. The sharp upswing that we are witnessing on the chart is posing a threat for the earlier downtrend. Price action analysis on Daily chart
Bharti Airtel Shares – Changing Structure and Price Action Read More »
Aluminium prices surge to highest level since 2011 because of US Sanctions. The restriction has impacted the world’s second largest aluminium producer from Russia. United company Rusal also known as Rusal produces high quantity of aluminium year or year basis, the sanctions on Rusal has potential to affect large chunk of aluminium supply. This event
Aluminium – Geopolitics driving the Price action and Market behaviour Read More »
TCS share prices are trading very close to the structural resistance zone. Price action is on a Range bound or sideways Market structure. After failing to break the high at 3300 in Feb, shares saw some moderate correction. Prices tumbled from 3300 to 2800 within two months. This move is the precursor for trend reversal,
TCS Share prices testing the resistance zone. Read More »
It’s been a while since I updated about ICICI Bank share prices. Here’s the recent outlook, the structure we’re going focus is the Downtrend in 4h Chart. Since from Jan, stock prices fell from the peak of 360.00 and tumbled till it made structural low at 260.00 in the month of April. By comparison of
ICICI Bank Price Action – Upswing is challenging the Downtrend. Read More »