Nifty technical analysis

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Strongly Bullish
  • 18d MA is above 50d MA
  • Both 18d MA and 50d MA are RISING
  • Gap between 18d MA and 50d MA widens
  • Any pull pack DOES NOT reach 50d MA
Mildly Bullish
  • 18d MA is mostly above 50d MA
  • 50d MA is RISING
  • Rising 18d MA goes slightly above/below 50d MA
  • Gap between 18d MA and 50d MA changes frequently
  • Any pull pack may touch and breach 50d MA
Strongly Bearish
  • 18d MA is below 50d MA
  • Both 18d MA and 50d MA are FALLING
  • Gap between 18d MA and 50d MA becomes wider
  • Any rally DOES NOT reach 50d MA
Mildly Bearish
  • 18d MA is mostly below 50d MA
  • 50d MA is FALLING
  • Falling 18d MA goes slightly above/below 50dMA
  • Gap between 18d MA and 50d MA changes frequently
  • Any rally may touch and pierce 50d MA
Range Bound
  • 18d MA snakes around 50d MA
  • 50d MA is mostly flat
  • Gap between 18d MA and 50d MA changes frequently
  • Rallies and Selloffs goes above and below both averages

Source: NSE CENTRAL

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Stock market analysts on trial

2002-02-09 14:24:25 by on-trial

The amount of poor and self-interested advice that is being issued by brokerages and their analysts. To this day, the majority of stockbrokers are compensated on the number of trades their customers make, not on the returns they generate for them or on the quality of the advice they provide. We believe that the price targets and analyst ratings are made with several masters in mind, none of whom are the individual investor. In a similar fashion, sell-side stock analysts are generally compensated based upon the overall profitability of their firms, not the quality or accuracy of their analysis. In the end, analysts have minimal structural incentive to be accurate in their predictions; rather their built-in incentive is to be as favorable to their corporate clients as possible. It is a...

Gurus' Results Stay Consistently Bad  — Forbes
Investment gurus make their money selling market predictions, not following them. Their overall performance has been historically and consistently dismal. Why people pay for market predictions is a one of Wall Street's biggest mysteries.

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