Real Time Crude,Gold and Sensex Charts

I would like to Thanks Mr Rajandran  for sharing with me  such a versatile and free of Cost Utility/Software which can be useful for Indian traders trading in Crude,Gold and other Commodities with Sensex Charts that also live and Real Time.
Broco is providing a demo trading account software for Forex, World Indices and commodities, Stocks.
How to access and use the Utility
Download  Broco Software By Clicking on the Link.
Register for the Demo Account on the Site.
Right Click on the Market Watch.
Select SYMBOLS.
To get MCX Charts search for  …
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Technical Calls:KS Oils,BF Utility and Core Project

KS OILS
KS Oils is on a bull run from a low of Rs 48 to a break of 60 today.Today stock came near its 200 DMA and was unable to cross it.I have given call on this counter around 54 levels.
Now if it is able to cross 200 DMA @60 with volumes and close above it than we are in for a ride of another 10-15%
Buy above 60.5 Tgt 62,66 and 70
Core Project
If one look at the chart of Core Project Closely we can find the imporatnce of 50 SMA …
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Nifty Views in Expiry Week

Nifty Weekly Chart
Nifty Weekly Chart we can see A-B-C Correction happening.Well this scenario is in progress and C wave can further be subdivided into 5 sub waves and as per correction from past 3 weeks we can assume 4 wave is done and we are into 5 wave from the coming week.
Nifty will be entering into expiry week and market can either break dow below 5980 or breakup abvoe 6125.
Bulls if can hold and cross above 6125 levels short covering can surge the index to higher levels.RIL looks ready for …
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Technical Analysis :Reliance,Larsen and Omaxe

Reliance Industries
The poster Boy of Indian Stock Market Looks like waling up from a slumber sleep and ready to roar above 1095 Levels.Yesterday RIL showed upmove with volumes after long time and it is tad away from its breakout levels of 1095.
As seen from the chart above 1095 is converging trendline and if taken out we will see a quick 2-3% move again on the Stock.
RSI and Stoc are giving buy. Volumes looks good
Buy above 1195-97 levels Tgt 1112 and 1137.75

Larsen and Tubro

LT is forming base around 1980 …
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Nifty,Bank Nifty and Indian VIX Technical View

INDIAN VIX– Volatility Index
VIX Denotes the fear in the market ,fear of downfall. Nifty cracked from past 5 trading sessions after reaching atad below it life time high.
VIX is updated on WOD Basis @http://livevixchart.blogspot.com/
I have attached the Daily Charts of VIX chart.
As seen from the chart VIX is touching the upper trendline of channel 2@23.86 Levels and at lower level forming higher lows around 19. If VIX breaks 23.86 tommrow we are in for a more correction and if we are able to resist this channel and move towards to …
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Technical Trades:ICICI Bank and JBF industries

ICICI BANK
ICICI bank is trading in a broad trading range as shown on charts if one draws medium term trend lines as shown in charts,
1090 is good entery point for long trades as seen in the low of today and stock bounced sharply.
RSI is showing positive divergence adding fuel to our bullish take on this stock.
Today candlestick formation is a reversal trading pattern we need to get confirmation from price volume action on tomorrows trading action .
Volumes were on higher side after long periods of time
Buy above 1111 Tgt 1128,1141 …
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Nifty Technical Analysis

Nifty Hourly Charts:
As seen from Nifty hourly charts we are in for a bounce back which can last till 6145 levels. As most of indicators are oversold in hourly time frame we can except a decent bounce.
Nifty Daily Charts
As seen from Nifty Daily charts we are near 20 SMA from where we have seen a fast and furious bounce many times in recent past correction.1 Tgt will be 6145 levels as per hourly charts.Nifty Daily Pivots are as below
Pivot:6104
Resistance@6154,6258 and 6304
Support@6008,5954 and 5858
Till 6145 is not crossed and sustained we …
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Nifty 21 EMA Intra Day Trading System

Nifty Intra Day Trading System
I present the Nifty Intra day trading system which is profitable and having good success ratio on trending day like today.
As you can see in Intra Chart we have just 21 EMA on a 5 Mins Chart@http://niftyrtcharts.blogspot.com/
How it Works:
Wait for first 15 Mins of trade to find the ORB(Opening Range Breakout/Breakdown) Value
Once we get the ORB value we need to see whether Nifty is moving above 21 EMA or Below it
Once Nifty Starts trading below 21 EMA as of today initiate Short positions.
Hold Your Short Positions …
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Technical Analysis:BHEL,Hindalco Industries,Elecon Engineering and Orchid Chemicals

BHEL
BHEL has pulled back sharply near 2550: breakout point. Another Example of Resistance becoming support in a Bull market.
Stock took support at 2550 where it made a breakout
Buy above 2576 Tgt 2605,2627 and 2666

ELECON ENG
ELECON gave a good breakout yesterday with volumes above 99.5 which had been elusive for almost 2 years.
Buy above 101.9 or near 98.4 Tgt 103.4 and 106.8
HINDALCO INDUSTRIES
Hindalco as per our 5 EMA Strategy has closed above 5 EMS HIGH and can head higher as nifty is bound to cross 6300.Dollar weakening is a good …
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Nifty Next Move: Is the Downside Over?

As You can see in 10 Mins Nifty 5 Day Chart we can see positive divergence in Indicators and a resistance at 1030 EMA around 6097 Levels crossing that we may head towards breakdown levels of 6140
Looking at Nifty Daily Charts and applying 5 EMA Strategy
Today we have touche 5 EMA (Low) @6084 moved below that but closed above this level. Technically speaking we should touch 5 EMA@6118 Tomorrow and if we start trading above it we are in for a ride till 5 EMA high …
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Technical Charts:Infosys,Reliance and Manglam Cement

Mangalam Cement

Mangalam Cement  is on the Verge of giving breakout  from trendline resistance line at Rs 168 as shown in below daily charts
Along with breakout stock has also closed above its 200-DMA which is prevailing at levels of Rs165.6 for second consecutive trading
session. Such a move is likely to catch buying interest from most of market participant as it indicates that medium term downtrend has been voided.
On the weekly chart RSI has given positive crossover and MACD is also giving buy signal.
Volumes trend have been quiet …
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Nifty Weekly Technical Analysis:Are we in Bubble Territory?

Nifty 5 Mins
Before giving a Technical Perpective let me give a Fundamenta Perpective on Nifty
As per Emkay Reaserch Report we are still having valuation Comfort and still not in Euphoric ZOne
Valuation comfort: Previous peak valuations in 2007 were at 24.5x/20.4x 1FY/ 2FY EPS respectively.
Current valuations are at 19.3x/16.1x 1FY/ 2FY EPS respectively.
Lets have a look at Minutes Charts: We can see a positive divergence which is  visible in all Indicators in the above charts.Hence Next week we can continue with our run up as we have 4 …
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The Pin Bar: A Powerful Price Action Setup

As traders we have two general ways to engage financial markets.  First, we can conduct intensive research on macroeconomic drivers, fundamental news releases, and key economic data and come to a conclusion concerning the future direction of a specific financial asset; then, once the research has been conducted and a decision has been made, we enter a position.  Second, we can look at charts depicting current and historical prices of a financial asset and apply a myriad of technical indicators in order to determine what direction price may be headed …
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Technical Charts:Sterlite,Educomp,AB Nuvo and Adani Power

ADANI POWER
Flag and Pole pattern formation on Adani daily charts and support at 100 DMA as metioned in charts.Stock is facing resistance at 138 levels and support at 133 levels.Volumes are on larger side from past 2 days and looks like stock will be revisiting the lower trendline before showing an upmove.
Buy above 138.6 Tgt 140.6,143 and 147
Sell below 133 Tgt 129 and 126

ADITYA BIRLA NUVO
AB Nuvo is trading in parrell trendline channel  as shown in charts with formation of higher highs and higher lows.
Stock is in a bullish channel …
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Technical Analysis:KS Oils,Exide Industries and Essar Oil

KS Oils
KS Oils has given a bullish breakout today moving above its 50 DMA@52 with volumes and which has been eluding its for quiet a few trading sessions. KS oils now faces a resistance at 100 DMA @ 54.3 which if crossed will propel stock to its 200 DMA@62 in few trading seesions
As can be seen on charts trading KS oils with patience and with levels metioned can reward for a move of 10-15% moves in short term
Buy above 54.3 Tgt 55.35,57 and 62

EXIDE Industries

Exide is forming a ascending triangle …
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Nifty Weekly Technical Analysis

Nifty Daily Charts
Technically, last six day’s chart of Nifty is moving under channel pattern and breakout can be either side. Nifty breached the psychological mark of 6,100 decisively on the very last day of week and managed to sustain above that, currently facing stiff resistance at 6,210-6,230 if this level breached decisively then we could see rally upto 6,260 mark and on the flip side immediate strong support at 5,960 if this level breached then we could …
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Trade using STOCHASTICS Indicators

Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. According to an interview with Lane,
The Stochastic Oscillator “doesn’t follow price, it doesn’t follow volume or anything like that. It follows the speed or the momentum of price.As a rule, the momentum changes direction before price.” As such, bullish and bearish divergences in the Stochastic Oscillator can be used to foreshadow reversals. This was the first, …
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NEW PENSION SCHEME

Everyone needs to save some money as pension after retirement. If there is a facility for them to get the pension from their office, they are lucky. Otherwise many people depend on provident fund or the pension plans from some companies. Last year government introduced the new pension scheme for everyone which is administered by Pension Fund Regulatory and Development Authority (PFRDA).
Who can take it?
Anyone can join this scheme whose age is between 18 and 55 years. Any individual whether employed with private sector, self employed or professional can now …
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