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Sunday, February 20, 2022

Weekly Review - 20th Feb 2022

 Dear All,

>>> Nifty Hourly Chart <<<

I was a volatile week, advised many of them to stay away, since many sectoral indices started feeling the heat. A Volatile market is more dangerous than a bear market. Over confidence may lead to disaster. 

Above chart needs a confirmation for any further trade decision. If there is a huge gap between Risk Vs Reward, You need to stay away, not to enter on probability. Learn to manage your emotions and Money.


>>> Marico - Daily Chart <<<


I have already Updated on Telegram that I am long in this stocks 2 weeks before itself, due to the nature of this stock, has not responded to the volatile move in the market. No I'm expecting a rally till 550+ if 514 and 520 breaks. I have bot in Cash only. 

>>> Tata Steel - Sell Alerted as on 13th Feb, 2022 <<<


It was a clear sell call below 1233 as on 13th Feb, 2022, Which tested or closed 1190 as on last friday. So what's Next ?

>>> Tata Steel - More Fall Likely <<<

Key Resistance 1220, above may trigger rally or may Exit Short, Or Else if breaks below 1185 / 1170 - may test 1150 / 1110 or 1080