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Mahindra and Mahindra Technical Opinion or technical analysis show that this stock is in a bearish phase or downtrend. It made 4 bottoms but the double or triple bottom chart pattern failed in the case of Mahindra and Mahindra share. It is trading near its long term and resistance and the next support is near Rs 550. Before a breakout, in past, Mahindra and Mahindra Technical Analysis show that it was trading in a channel. Now it has again entered the same channel. Therefore, it should take support near the bottom line of the channel. Currently, the volume or traded value of Mahindra and Mahindra share is very high. On a close look at the delivery percentage, it shows that selling is delivery based. Also, it has broken its trendline of lower lows and is trading below 200-period exponential moving average on a weekly chart. The option chain analysis suggests that short term trend during the expiry is bullish may be a small bounce after the sharp fall recently. The overall technical analysis of Mahindra and Mahindra suggests that this stock may continue its bearish or downtrend. 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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Reliance or RIL Technical Opinion is based on multiple trading setups including harmonic patterns. Based on candlestick patterns, it is showing bearish bias because of engulfing bearish and three black crows. You can also see Doji. Recently the Reliance made a double top M pattern. It is considered very reliable. The near term support is at Rs 1235 based on support and resistance. The Fibonacci retracement also suggests support based on price action strategy. Reliance Technical Opinion or analysis also shows N-type patterns, you may call it harmonic patterns or repetitive patterns or fractals. Repetition of these patterns suggested the continuation of a trend. For long term investment, Reliance share price is approaching the 20-period exponential moving average with a bearish bias. Ideally, for a multibagger stock, it is better to invest at a crossover of 20 and 200 periods EMA. In option chain analysis, the short term trend is bearish as there are strong resistance points but weak support points in the option chain. The premium decay and probability analysis also suggest the same. 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

State Bank of India or SBI Technical Opinion suggests that the stock is consolidating near its support and resistance of Rs 286. In this video, I have shown the technical analysis of SBI on multiple trading systems or set up as relevant for the stock. As an investor or trader, by now you must agree that technical analysis of each stock is completely different as i shared in stock talk series videos. The State Bank of India or SBI Technical Opinion based on Fibonacci retracement concludes that stock is consolidating between Fibonacci levels of 50% and 38.2%. It is trading below its trendline. The major support and resistance suggest that risk to reward ratio is not favorable as the upside looks very limited until unless there is some big positive news and downside is around 50 Rs from the current level. The option chain analysis of SBI suggests that option writers are closing their positions on PUT side i.e. they are expecting the stock price to come down. Also, the premium decay analysis, Implied volatility and option chain probability calculator also pointing to short term bearish trend. 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