Did we just print Nifty Top today?

Nifty Fibonacci levels

Fibonacci in action??? On Nifty charts, we had a bottom of 6825 and there on had a rally of 2145 points to 8970. From there we corrected exact 50% to 7895. And then 2145 points from 7895 is 10040. Today we tested these levels and corrected. Are we printing an intermediate top? Make no mistake, […]

Beauty of compounding – best way to look at growth in capital

Loans are silent killer. If you want to be successful in creating long term wealth – you must continue reading… This is one of the lessons I learnt very recently when I was evaluating my wife’s financial journey. I was pleasantly surprised to see that she was getting much better returns after taking all the […]

Indian Equity Investment – All that you need to know

How to invest in stocks

This week we look at how to invest in stocks. This article should be simple enough for new investor and comprehensive enough for an experienced investor. This is a little longish blog and if you like listening to video, sharing one of my old videos on the same subject. While both these things are little […]

Nifty – Weekly chart does not look good

Nifty weekly chart shows breal of the trend line and it has created a good resistance area around 9650 levels. If market wants to do what I see it doing, then we have printed a top for few weeks now. I expect it to correct from here with 9600-9650 to be a very good shorting […]

US Crude Top Down detailed analysis

This is an effort to do a detailed top down analysis on Crude. Have taken US Crude as it has a lot of data. USD is stable currency hence the chart should have a good structure. Analysis of Quarterly chart From low of about $ 10.4 in 1998, crude has shown a unidirectional move to […]

US Crude on 23 Jun

Here is My Technical analysis on US Crude. This Chart shows all the support demand areas which are important from daily point of view. If you look at it closely, we have just now broken a minor support area and trying to reenter it above 42.9. So it can either continue down journey and go […]

About Milind

Why pay experts and mutual fund managers when you can do it better than them… This is best place to learn the art of trading and investing… Milind Pol is an IITan by education, an experienced IT professional and a successful Trader and Investor. He has been trading for more than 15 years and has […]