Research

On vacation till the 4th

There will be no updates till the 5th – unless there are some significant moves in the markets

Hero Honda – start of a bigger fall?

The weekly charts of Hero Honda shows the obvious resistance at 2100. After failing to clear this level for the third time, the stock has plunged below the previous support.  A normal measured move for the above kind of  price action would be a move to somewhere around 1100 (the width of the previous price […]

Internals deteriorate for Indian stock markets

Let the charts do the talking. FMCG Sector: The key banking index:

Topping signs in Precious metals, CRB Index, Crude

The precious metals sector is throwing some serious warning signs. Check these charts.