The Nifty had a bullish reversal day, today (Friday, May 18). The Index opened with a down gap, moved lower, then rallied to close the gap and actually close higher
In December 11, the Nifty fell to 4531. A remarkable rally started which took the Index to 5630 before a decline has taken the Index down to 4858. This is
Peter Brandt, says in his post here, the NYSE composite Index as well as the Russell 2000 have confirmed bearish head and shoulder patterns. Please read his post for full details.
My own observations over the years are summarized below: -->It is not possible to identify multi baggers in advance. --> Investors can identify themes and invest prudently in shares of such
The Nifty is at a significant Fibonacci support level - 4950. This number represents the 61.8% retracement of the up move from 4500 to 5630. Now, I am not a