tag:blogger.com,1999:blog-4232226010890316192024-09-05T03:41:36.200+05:30TOPDATA empowers the Indian Equity, Commodity and Forex traders, investors and intermediaries with automated, algo and technical analysis software solutions to give them a cutting edge.Unknownnoreply@blogger.comBlogger152125tag:blogger.com,1999:blog-423222601089031619.post-12609722790379355772012-08-23T10:40:00.001+05:302012-08-23T11:17:33.538+05:30

AstraZeneca has broken out from the horizontal channel, BULLS ARE IN CONTROL. The horizontal breakout has a target of 1950 on the upper side.  The volumes have grown substantially in the last 2 days of trading pointing to the fact that people are expecting prices to rise further.  Other technical indicators are also confirming the bullish move in Astra Parabolic SAR has

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-423222601089031619.post-55481416095307692482012-08-23T10:06:00.003+05:302012-08-23T10:06:56.321+05:30

On the weekly charts of tata power, we can see the formation of symmetrical triangle. A symmetrical triangle is generally regarded as a period of consolidation before the price moves beyond one of the identified trend lines. A break below the lower trend line is used by technical traders to signal a move lower, while a break above the upper trend line signals the beginning of a move upward.&

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-423222601089031619.post-39508329686833042402012-08-18T03:00:00.000+05:302012-08-18T10:20:05.875+05:30

A clear negative divergence in the price and RSI is visible on the charts. The prices of ZEE are moving up while the RSI is making lower tops, technically the upside in ZEE will loose momentum and retrace to previous supports. Together with divergence today the candles patterns have given a clear verdict for fall. After a small doji like formation, ZEE fell breached the lows of the last 2

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-423222601089031619.post-68834538700702630612012-08-17T22:45:00.000+05:302012-08-17T22:45:45.823+05:30

The meteoric rise from 750 to 950 in just a week seems to be coming to an end. A Dark Could pattern can be seen on the charts which in conjunction with a highly over bought RSI level will drag the prices of Bajaj Finserv down in the coming days. A short term support exists at 855 levels which is the most likely target of this fall. And an extreme target of 765 also cannot be

Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-423222601089031619.post-78981790772054585792012-08-17T13:09:00.002+05:302012-08-17T13:09:40.135+05:30

ACC seems to loosing steam and yesterday it gave the first reversal signals at the top range. There is an evening star candle formation which is supported by a good rise and RSI levels above 70. There is another interesting development happening on the charts of ACC, the trading from 1100 levels from June 12 is in the form of a rising wedge. A rising wedge is a bearish formation

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-423222601089031619.post-20344401001951037112012-08-16T18:16:00.000+05:302012-08-16T18:16:51.171+05:30

The doji formation with 2 small days are at the top are indicating trend reversal after a  bullish rally. If M&M Fin breaches below 773 the lower level of shooting star we can take a short trade. The RSI at these levels is stretched and in the over bought zone. Bollinger Bands too have opened wide with prices trading outside the band. Both these indicators suggest a sideways to

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-423222601089031619.post-38209211031085420492012-08-15T08:32:00.000+05:302012-08-15T08:32:26.618+05:30

Bank Of India as on 14th August 2012 Undoubtedly the trend of Bank of India is down,but at this point we have started getting signals of the trend reversal. After a spinning top doji at the bottom, Today we have traded above the high of the spinning top doji and closed above it too.  A spinning top doji can occur at the tops and bottoms also and This candlestick

Unknownnoreply@blogger.com0New Delhi, Delhi, India28.635308 77.2249628.189362499999998 76.593246 29.0812535 77.856674tag:blogger.com,1999:blog-423222601089031619.post-30016853573787251842012-01-06T07:30:00.001+05:302012-01-06T07:30:38.244+05:30

Technical Views - Commodities 6th Jan 2012  MCX GOLD1TREND : Gold remained in the range of 27500 - 27850. Thus we follow the same strategy today also.There is an interesting pattern which is visible and confirmed chart of Gold1. This pattern suggests a target of 28400-500 in the next couple of days.For today's trading, we will stick to the strategy of trading the buy signals in

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-423222601089031619.post-9542926401641194582012-01-05T07:30:00.000+05:302012-01-05T07:30:03.854+05:30

Technical Views - Commodities 4th Jan 2012  MCX GOLD1TREND : For today, though both sides trades can be taken, but Buy signals will be more profitable.Support and Resistance - 27000 / 27850SIGNAL : Use buy and sell signals of TDI BSMCX SILVER1TREND : 54220 is the next resistance for Silver, till then we can trade the buy signals Support and Resistance - 51980 - 53500SIGNAL&

Unknownnoreply@blogger.com0New, Cheswold, DE, USA39.2176959 -75.58704239.216158400000005 -75.589509499999991 39.2192334 -75.5845745tag:blogger.com,1999:blog-423222601089031619.post-52305889872334426632012-01-02T07:20:00.000+05:302012-01-02T07:20:00.494+05:30

Technical Views - Commodities 2nd Jan 2012     MCX GOLD1TREND : 27500 will remain to act as a resistance and we expect to take sell signals in this zone. Buy positions will be initiated only if gold trades above 27500 Support and Resistance - 27000 / 27500SIGNAL : Trade the sells only if 27500 is not breached. Else play both sidesMCX SILVER1TREND :

Unknownnoreply@blogger.com1Tilak Nagar, New Delhi, Delhi, India28.6373205 77.093858328.623384 77.0741173 28.651257 77.11359929999999tag:blogger.com,1999:blog-423222601089031619.post-89244469978542936402011-10-16T01:03:00.003+05:302011-10-16T01:42:59.223+05:30

Guru of Point & Charting Method Mr. Jeremy Du Plessis  for a full-day Educational Seminar on October 22, 2011 at Hotel ITC Maratha.The Association of Technical Market Analysts (ATMA) is excited to bring the Guru of Point & Charting Method Mr. Jeremy Du Plessis for a full-day Educational Seminar on October 22, 2011 at Hotel ITC Maratha.CNBC-TV 18 partners with us as much as the Market

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-423222601089031619.post-6988773814717843512011-10-07T09:12:00.000+05:302011-10-07T09:44:31.005+05:30

Technical Views - Commodities 7th Oct 2011     MCX GOLD1 TREND : Long, short, long.......... yes commodities tend to react in this fashion when the breakout is just about to happen. The oscillations are similar to a Chick which is inside the egg shell waiting to come out. The moves are not slow and soft but fast and strong. And instead of burning our hands inside this range

Unknownnoreply@blogger.com1New Delhi, Delhi, India28.635308 77.2249628.4123265 76.909103 28.858289499999998 77.54081699999999tag:blogger.com,1999:blog-423222601089031619.post-67101093653053707982011-10-04T09:48:00.000+05:302011-10-04T09:48:05.029+05:30

Technical Views - Commodities 4th Oct 2011     MCX GOLD1 TREND : The breakout has happened and a final breach above 26675 will lead to a momentum rise. Though we have turned bullish and will look to buy Gold but there is one note of caution. Today by any chance Gold should not trade below 26245. In the event of Gold trading below 26235 we will consider this as a false

Unknownnoreply@blogger.com4Deen Dayal Upadhaya Marg, Connaught Place, New Delhi, Delhi, India28.635308 77.2249627.745798999999998 75.96153249999999 29.524817 78.4883875tag:blogger.com,1999:blog-423222601089031619.post-23130055729651380072011-10-03T09:37:00.001+05:302011-10-04T09:38:03.340+05:30

Technical Views - Commodities 3rd Oct 2011     MCX GOLD1 TREND : Against our expectation, Gold did not breakout on Friday. Our analysis of a breakout is delayed, this crunching makes the commodity all the more lucrative for trade. As whenever it breaks out the force and speed is going to be high. Inside the range our trading strategy is to take small fixed point profits

Unknownnoreply@blogger.com2New Delhi, Delhi, India28.635308 77.2249628.4123265 76.909103 28.858289499999998 77.54081699999999tag:blogger.com,1999:blog-423222601089031619.post-91977092849024004892011-09-30T10:40:00.000+05:302011-09-30T10:40:16.822+05:30

Technical Views - Commodities 30th Sep 2011     MCX GOLD1 TREND : After nearly 3 days of consolidation, today we expect a breakout. Though the probability of the direction is down, but we will still not spend time on getting the correction right instead we will wait for the breakout and trade it. We might get a trade wrong but that is part of the game and we should take all

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-423222601089031619.post-58261058467835551652011-09-29T09:15:00.001+05:302011-09-29T09:15:07.181+05:30

Technical Views - Commodities 29th Sep 2011     Mentha and Potato are covered in our premium newsletter, please subscribe to our signal service to view our analysis on Mentha & Potato. MCX GOLD1 TREND : Another day of consolidation, We will see some action today up or down unclear as of now, But all our signal subscribers can take the direction from the Buy and Sell

Unknownnoreply@blogger.com1New Delhi, Delhi, India28.635308 77.2249628.4123265 76.909103 28.858289499999998 77.54081699999999tag:blogger.com,1999:blog-423222601089031619.post-64322235284446882832011-09-28T09:00:00.001+05:302011-09-29T09:24:52.047+05:30

Technical Views - Commodities 28th Sep 2011    MCX GOLD1 TREND : On expected lines, the volatility was down, neither it went up in a hurry nor did it fall. There seems to be a consensus among the bulls and bears for now. This type of consolidation is good for us to analyze Gold. The support  and resistance are the same as yesterday. We expect silence today again.   &

Unknownnoreply@blogger.com2New Delhi, Delhi, India28.635308 77.2249628.4123265 76.909103 28.858289499999998 77.54081699999999tag:blogger.com,1999:blog-423222601089031619.post-70857211745098673842011-09-27T09:52:00.000+05:302011-09-27T09:52:08.564+05:30

Technical Views - Commodities 27th Sep 2011    MCX GOLD1 TREND : Yesterday was one of the better days we had high volatility to begin the day and then during the entire day we could find some consolidation happening. We have touched a bottom for now. The after-effects of such a massacre are going to be equally fast and furious. The ranges have expanded, do not trade on signals

Unknownnoreply@blogger.com1New Delhi, Delhi, India28.635308 77.2249628.4123265 76.909103 28.858289499999998 77.54081699999999tag:blogger.com,1999:blog-423222601089031619.post-59882583192566252582011-09-26T10:19:00.000+05:302011-09-26T10:19:34.356+05:30

Technical Views - Commodities 26th Sep 2011    MCX GOLD1 TREND : My collars are not up and neither my ego is on a new high, time and again i would just like to stress the fact that Technical Analysis works and if we follow some basic rules then you might lose some but gain many and the net effect will always be positive. One thing that still is out of my thinking is the speed

Unknownnoreply@blogger.com2New Delhi, Delhi, India28.635308 77.2249628.4123265 76.909103 28.858289499999998 77.54081699999999tag:blogger.com,1999:blog-423222601089031619.post-51726717809127499492011-09-22T08:41:00.001+05:302011-09-22T08:41:57.186+05:30

Technical Views - Commodities 22th Sep 2011    MCX GOLD1 TREND : On expected lines Gold did face good resistances around 28200-250 levels. Though everybody is planning to buy or have buy positions, but i would like to advise everyone to be cautious at these levels, Yes there can be rise but equal chances of a fall also exists. And what ever happens will happen very fast. You

Unknownnoreply@blogger.com1New Delhi, Delhi, India28.635308 77.2249628.4123265 76.909103 28.858289499999998 77.54081699999999tag:blogger.com,1999:blog-423222601089031619.post-29216740458983631472011-09-21T09:48:00.000+05:302011-09-21T09:48:46.179+05:30

Technical Views - Commodities 21th Sep 2011    MCX GOLD1 TREND : One Day down the other day up....... Yes this is turbulence. Gold is going to face major resistance at 28250. Clear UP trend only above this level. Both sides opportunities exits today also. Support and Resistance - 27580 / 28235SIGNAL : Use buy and sell signals of TDI BS MCX SILVER1 TREND : The

Unknownnoreply@blogger.com1New Delhi, Delhi, India28.635308 77.2249628.4123265 76.909103 28.858289499999998 77.54081699999999tag:blogger.com,1999:blog-423222601089031619.post-15535042180947532242011-09-20T11:15:00.001+05:302011-09-20T11:15:10.174+05:30

Technical Views - Commodities 20th Sep 2011    MCX GOLD1 TREND : The tussle continues and yesterday the Bears won, But the fight is not over and we will get to see a few rounds before the final winner is declared. The breach of 27200 and 28250 are the points where the final winners can be declared. Till then lets play the turbulence and hop between bears and bulls to make money

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-423222601089031619.post-23430435701201256242011-09-19T08:30:00.000+05:302011-09-19T08:30:04.854+05:30

Technical Views - Commodities 19th Sep 2011    MCX GOLD1 TREND : A predictable fall on Thursday and an unpredictable rise on Friday, gives us the conviction to believe that the tussle between the bulls and bears is getting stronger. Since we are in the zone of all time highs, we expect some fast and furious moves in gold. ALL TRADERS/INVESTORS BEWARE, DO NOT SIT ON YOUR LOSS

Unknownnoreply@blogger.com0New Delhi, Delhi, India28.635308 77.2249628.4123265 76.909103 28.858289499999998 77.54081699999999tag:blogger.com,1999:blog-423222601089031619.post-65545111266163679472011-09-15T10:02:00.001+05:302011-09-15T10:02:37.098+05:30

Technical Views - Commodities 15th Sep 2011    MCX GOLD1 TREND : No big action in Gold, as expected volumes were small and moves were volatile. Our strategy to keep order size small and book small profits paid off. Today we advise all our readers to avoid trading in the range of 27950 and 28350. Which ever side the Gold breaks, we will trade in the same direction.    

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-423222601089031619.post-51570623283279174772011-09-14T09:49:00.000+05:302011-09-14T09:49:12.078+05:30

Gold, Silver and Crude are entering a Anything Can happen Zone, There are no clear visible signals pointing towards a big move. Thus we suggest SMALL - small quantities and small targets for all 3. Technical Views - Commodities 14th Sep 2011    MCX GOLD1 TREND : Yesterday was neither a bearish nor bullish day. And we did get trapped and booked a small loss in our Intraday

Unknownnoreply@blogger.com0New Delhi, Delhi, India28.635308 77.2249628.4123265 76.909103 28.858289499999998 77.54081699999999