Technical check on buzzing stock: Mahindra Holidays & Resorts India Technical check on buzzing stock: Mahindra Holidays & Resorts India Thoviti Brahmachary / Wednesday, May 26, 2021 0 1079 Article rating: 3.1 The stock is trading above the prior parallel resistance. It is moving in an upward channel and retraced 38.2 per cent of the previous fall. Wednesday's move of over 10 per cent on the back of the highest volume in the last seven years indicates a huge accumulation of interest. Read more
ITC likely to trade range-bound: Traders can take benefit applying short straddle ITC likely to trade range-bound: Traders can take benefit applying short straddle Thoviti Brahmachary / Monday, May 24, 2021 0 1574 Article rating: 3.5 The stock of ITC is trading in the range for a long period. To take advantage of this range-bound movement. Read more
Understanding price movements in different stages Understanding price movements in different stages Thoviti Brahmachary / Saturday, May 15, 2021 0 2021 Article rating: 3.8 In a transition phase to stage-2, the stock price is above 150-DMA and 200-DMAs. The 150-DMA is above the 200-DMA while the latter has turned up. Read more
PCR: How to use advanced market mood indicator? PCR: How to use advanced market mood indicator? Thoviti Brahmachary / Tuesday, May 11, 2021 0 3896 Article rating: 3.7 It is also the best indicator to find out the swing highs & lows. It is an advanced derivative market mood or a sentiment indicator that gives clues well before other indicators. It provides clues to traders about the market tops before it turns. Read more
This stock offers good opportunity to initiate covered call strategy This stock offers good opportunity to initiate covered call strategy Thoviti Brahmachary / Monday, May 3, 2021 0 1312 Article rating: 3.7 The 710 CE has enough liquidity to trade while the capital required to apply this strategy is Rs 2,80,000. Read more