About Us

Covering Major Equity, Forex& Commodity Markets, Way2Profits filters information and streams meaningful conclusions right to your inbox.

Technical Research is our realm and we fathom the depths.

Gain access to our positional views on…..

  • Nifty
  • Equity Stocks
  • Forex Pair
  • Precious Metal (Gold, Silver)
  • Metals (Copper, Aluminum, Zinc, Lead)
  • Veg Oils (Soybean, Soy Refined Oil, Rapeseed, Mustard Oil)

Let’s make some Vitamin “M”….. 😉

 

Nifty and Bank Nifty Technical Analysis for 13 Sept’13

September 4, 2012

Nifty as on 12 Sept’13– 5850.70 (-62.45)    Bank Nifty as on 12 Sept’13– 10158.55 (-210.55) In last two days, nifty is making marginal high and finally turned lower settled at 5850.70, it seems that top is done, may be some few upside surprise may come, but possibility is very low. Sim

[ read more ]

Nifty Weekly Technical Outlook for 01st July, 2013

September 4, 2012

Nifty Weekly Technical Outlook for 01st July, 2013

Surprising- Gap Up, just after expiry. [caption id="attachment_1888" align="aligncenter" width="300"] Nifty Weekly Chart as on 28 June, 2013[/caption] [caption id="attachment_1889" align="aligncenter" width="300"] Nifty Daily Chart as on 28 June, 2013[/caption] Week ends and we start evaluati

[ read more ]

Nifty & Bank Nifty Weekly Technical Outlook for 23 Sept, 2013

September 4, 2012

Nifty & Bank Nifty Weekly Technical Outlook for 23 Sept, 2013

[caption id="attachment_2513" align="aligncenter" width="300"] Nifty Daily Chart[/caption] [caption id="attachment_2514" align="aligncenter" width="300"] Bank Nifty Daily Chart[/caption] You can’t be always right buddy… Or Some excuse is coming to help you… During last week market gave u

[ read more ]

ICICI Bank

September 4, 2012

ICICI Bank

Last couple of months was really fascinating for Banking Sector stocks, where representative of all major banks Bank Nifty managed to make fresh all time high of 13414.30 in Mid May’13, although new high was marginal, so better we consider it as retesting of the highs of Nov’10. We are coveri

[ read more ]

Grasim – Sell on Rise.

September 4, 2012

Grasim – Sell on Rise.

Grasim Inds at CMP- 3171 looks like a selling opportunity to me.  In below attached chart, it is depicted that prices is already broken support of 23.6% Fibonacci Retracement of last up move from low of 2210 to 3505.  Also prices has formed double bottom near ~3150 levels, once this level is broke

[ read more ]

Technical Analysis on USD/INR- 54.75

September 4, 2012

Technical Analysis on USD/INR- 54.75

As you can see in attached USD/INR chart, prices are facing resistance near INR 55 level since from last few sessions.  This resistance comes from Golden Fibonacci ratio 61.8% of last move from all time high of INR 57.25 made on 22 July, 12 to low of INR 51.50 which was made on 5th Oct, 12. On the

[ read more ]

SBIN –State Bank of India Technical Analysis

September 4, 2012

SBIN –State Bank of India Technical Analysis

[caption id="attachment_934" align="aligncenter" width="300"] SBIN as on 26 April’13 – 2287.95[/caption] On last Wednesday only I become little skeptical about Bank Nifty performance (click here to view Wednesday's post), but some how due to holiday and global peers were high, it opened Gap u

[ read more ]