Remember our characters, Dev and Tara? In our last two articles, Dev, the expert technical analyst, introduced his friend Tara, a successful entrepreneur, to the significance of trend following and ways to spot trends. This ignited Tara’s curiosity about technical analysis. So, the other day, Dev and Tara were chilling at a cafe, savoring their … Read more
In an interview with ETMarkets, Ratnaparkhi said: “Structurally, the Nifty50 is set to test 17000 on the upside in the coming weeks, and the bullish stance will hold true as long as Nifty trades above 16400.” Edited excerpts: A strong week for markets where bulls pushed the benchmark indices higher by over 2% each. What … Read more
This week Indian bourses shed some blood as bears tightened their grip. Valuations of numerous companies are bulging while fundamentals trail behind. Interestingly, in majority of the companies that steeply corrected recently in spite of any pessimistic event, FIIs and DIIs have trimmed their holdings in the past quarter. This behavior corresponds to the Dow … Read more