Nifty has formed a Bearish Butterfly pattern and could go as low as 5350-5330 which is a confluence region of 200 (4H) moving avg & imp Fibonacci Retracement! This possibility will only increase with no show from RBI in their monetary policy … Continue reading →

On hourly (H1) charts, bearish Wolf Wave pattern has emerged on Bharti Airtel. The target could be 249-245.5 which is the confluence region for the Fibonacci Expansion of 3-4-5 move and Fibonacci Retracement of the recent swing high/low. Now it’s … Continue reading →

As you have undoubtedly noticed, TradingWala.com was down since last couple of months because of some serious unavoidable technical issues. Thus, we could not update on some various profitable trading strategies in the financial markets. But we are back now, … Continue reading →

SP500 in last few days was under pressure due to the European debt concerns, recent weak global economic data especially from the Euro zone and FOMC meeting. With FOMC meeting proving to be a non event and US elections nearing, … Continue reading →