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Maruti Technical Analysis suggest that currently, the stock is in a no trading zone. On price action, it has formed a triple bottom. Normally, it is considered a very reliable chart pattern. However, Maruti is following a declining trendline and it always acts as a resistance for the stock. Fibonacci retracement analysis suggests that the stock is in a downtrend and it has retraced back from the levels of 38.2% and 23.6%. The stock may resume its downtrend. The price volume analysis suggests that the selling in the stock is delivery based. The size of the volume bars and the price candles suggest a bearish bias for the stock. The option chain of the stock is bearish in short term and the stock is trading below the exponential moving average of 20 and 200 on the daily chart. It is a bearish sign. There was a strong correlation between the Maruti and the NIFTY. However, last month, they are moving in the opposite direction. It means the Maruti Technical Analysis suggest that stock can fall at a faster pace compared to the index if the nifty changes its direction. To become a member/join, please click on following link https://www.youtube.com/channel/UCqvVj1LkOpA8tjb7RadTvOg/join If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia

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Bajaj Finance Technical Analysis suggest that stock may face a strong resistance near its previous high. This stock follows a repetitive/harmonic/continuation pattern of N. it suggests that Bajaj Finance can scale new high if it breaks resistance. Bajaj Finance Technical Analysis also suggests that it is forming double top or M pattern on the daily chart. It is a strong bearish pattern. On Fibonacci retracement, this stock bounced back from the golden ratio of 61.8% and if it can break the resistance then it can easily deliver the return of around 33% in the near future. Bajaj Finance is a multibagger stock as from last 8 years, the 20 period exponential moving never crossed downwards the 200 period exponential moving average on the weekly chart. It is a very reliable multibagger pattern. Option chain analysis suggests short term bearish trend and strong resistance at 3000. The delivery % of a Bajaj finance is typically very low. Therefore, you can expect a speculative position in this stock. Also, this stock follows the movement of index i.e. NIFTY. To become a member/join, please click on following link https://www.youtube.com/channel/UCqvVj1LkOpA8tjb7RadTvOg/join If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia

If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia

Infosys Technical Opinion suggests that Infosys or infy stock is currently trading at a sweet spot. It can go up or down depending on the technical analysis it decides to follow. On price action strategy front, it has formed double top or M pattern and it might fall sharply. It is also forming a triangle pattern which is a bullish continuation pattern. It gives a breakout. As per Fibonacci retracement, it is trading near a 23.6% retracement level. If it breaks the previous high then it can deliver spectacular returns. For long term investment, it is trading below 20 period EMA on the daily chart and buy signal will be generated when it closes above 20 EMA. The price volume analysis suggests that there is a delivery based selling in recent past and it is not a good sign. The option chain analysis is bullish. Also, it follows the nifty movement. Therefore, you can keep track of NIFTY. Even if Infosys technical set up is bullish but nifty is bearish then Infosys will also follow the nifty movement. To become a member/join, please click on following link https://www.youtube.com/channel/UCqvVj1LkOpA8tjb7RadTvOg/join If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia