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Sensex

SMSLIFE - MAJOR UPMOVE POSSIBLE....SMSLIFE CMP 490 STOP 400 LONG SUGGESTED ABOVE 530 TARGET OPEN LOGIC: WEEKLY CHART - Stock has formed a sort of reverse H&S pattern. Fundamentally EPS has been witnessing triple digit annual growth for the last couple of quarters Date EPS %Chg Sales(Cr) %Chg Sep-18 14.59 +334% 89.2 +75% Jun-18 10.16 +196% 59.9 +31% Mar-18 6.52 -100% 54.1 -3% Dec-17 8.19 -100% 66.5 +9% Sep-17 3.36 -42% 51.0 +4% Jun-17 3.43 -100% 45.8 -21% Promoter holding 67% D/E : 0.3 Low float share
NSE:SMSLIFELong
by scorpiomanoj
India’s Adventures in Fiat BubblesIndia became an independent country in 1947 and had a Grand Supercycle Wave I into the 60’s. Grand Supercycle Wave II finished up the 70’s, and this chart shows the completion of Grand Supercycle Wave III. The price action is reflective of the massive fiat credit creation in the Indian economy, hence the equity bubble. A true democracy, India is in the process of learning not to allow the politicians control of the money supply. I also don’t recommend giving control of the money supply to a criminal banking cabal either, like we have in the United States. Both are examples of letting the Fox watch over the Hen House, and will result in The People getting robbed of their money… A recent example would be the government recently robbing the lower classes of the money in circulation that they used for day to day business. India has a proud history of buying Gold and Silver. I recommend everybody in India trade their Rupees for gold and silver coins, and tell the government to shove their fiat where the sun doesn’t shine… And, oh yeah, sell the Sensex and invest in Gold and Silver until close to the end of the 20’s and the end of Grand Supercycle Wave IV. If India is smart, they will have transitioned to a PM backed currency, independent of Politicians and Bankers, and preferably enshrined in the Indian Constitution, so 60 to 70 years from now they won’t have to repeat this whole ordeal over…
BSE:SENSEX
by Cincinnatuus
13
NIIT Technologies - Forming Inverted Cup & Handle patternCup & Handle Pattern being formed on daily chart of NIIT Tech, currently trading around support line, if breaks & sustain below support line of 1060 then we can expect sustained down trend for coming weeks, once it confirms of breakdown below 1060 then one can expect it to fall another 10-15% in 2-3 weeks and 30-35% over the next few months, Must trail sl at 100 Day Moving average on closing basis post breakdown. On other side if it gives any bounce back before the breakdown then also one can go short around 1170-1190 with sl around recent high of 1240.
NShort
by KunalJain
NIFTY in the fourth Elliott waveNIFTY appears to be moving in the fourth Elliott wave which is likely to complete around 11250. It could then move up in the fifth wave before a substantial correction to below 10000 levels, if the wave count in the above chart is correct. This pattern will be invalidated if the the current correction drops below 10930. PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk. Cheers ND
NSE:NIFTYShort
by ndau
7
Nifty analysis for Month of September 2018 Have marked many levels on the chart directly, keep these levels under observation, whenever price will touch these levels be alert. Price is in complete up trend, for my trading i am keeping 2 price levels on scanner. 1. 11910 2. 11550 I personally expect market to go up till 11910 before it closes below 11550, if we dont go up till 11910 and go south then 11190 will be the target. But currently there is no reason to expect fall in price, current price action is not suggesting any such ting. I will be watching the price actin all the time any bearish signal can push us to the second possibility of 11190. Traders keep all these levels marked on your chart and be ready for any trend reversal around 7th-10th of September . Till that time i expect we to be in green zone. All analysis is based up on history. I am not doing future telling. When we expect few things in future then be sure about one thing that its not necessary that every thing will work as you expect it to work. I am not suggesting any investment or trade.
NSE:NIFTYLong
by dhananjay.d.joshi
9