23Sep

Sensex starts on a cautious note; Nifty50 tests 8,850; Axis Bank down 2%

“Any bearish indicator on the candlestick, from global cues or open interest data may change investor sentiment quickly. OI data still suggests a consolidated Nifty50 level of 8,900 on the higher side to 8,600 on downside. A close below 8,700 will turn the intermediate positive trend into bearish. Keeping the larger frame in mind, the buy-on-dips trend remains intact. But the thumb rule should be: Book quick profits,” said Mustafa Nadeem CEO at Epic Research.

 

Source :- http://economictimes.indiatimes.com/markets/stocks/news/sensex-starts-on-a-cautious-note-nifty50-tests-8850-axis-bank-down-2/articleshow/54474202.cms

2Aug

Mustafa Nadeem article published in The Economic Times

Mustafa Nadeem, CEO of Epic Research, said the ‘Spinning Top’ candlestick pattern is formed at peaks and troughs and suggests exhaustion of the ongoing trend..

Source :-

http://economictimes.indiatimes.com/markets/stocks/news/nifty50-fails-to-break-out-amid-lack-of-conviction-forms-spinning-top/articleshow/53492496.cms

26Jul

Epic Research Media Coverage In The Economic Times

” The 8,660 level is simply confluence of various levels such as Fibonacci and Gann coupled with trendlines. In the short term, the immediate resistance for Nifty stands at 8,660, which if breached may take us to the next resistance at 8,710. If it doesn’t breach the resistance, we may see it touch back the 8,550 level. Range play is likely ahead of the expiry,” said‪ Mustafa Nadeem‬, CEO at Epic Research Private Limited
Source :- http://economictimes.indiatimes.com/markets/stocks/news/sensex-nifty-start-on-a-cautious-note-icici-hdfc-axis-top-losers/articleshow/53390196.cms

 

Publication :- The Economic Times

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