#TataElxsi has important support near 7100
In weekly chart RSI has dipped below 50
If the #stock breaks its long term support trendline and sustains below 7000, we can see serious correction in the stock
#stocks #Nifty
Not a trading call, academic post

Prasanna Venkatesa Perumal #temple -Gunaseelam,Near Trichy,TN #Thread

Gunaseela Mahatmyam,a chapter of Bhavishyottara Purana describes greatness of this place.

Venkatachlapathi of Tirumala Tirupati appeared b4 Gunaseela Rishi here,so Gunaseelam is known as Ten(South)Tirupati

Prasanna Venkatesa Perumal is in a standing posture with 4 arms holding sankha & chakra in the upper hands.The lower right hand is in abhaya pose,blessing devotees &left hand is in kati hasta,resting on waist.

A sceptre(senkkol)rests on right shoulder,with which this murti is believed to cure people affected by mental illness.These patient stay here for a period-48 days& participate in poojas&most of them get relieved of their problems.There is a temple run Mental Rehabilitation center

#storytimethread -As per Sthala Puranam,existence of this temple is due to efforts of Gunaseela Rishi, a disciple of Thalpiya Maharishi.
Thalpiya Maharishi along with his disciple Gunaseela Rishi once went to Himalayas.On his way back, Gunaseela Rishi stayed back at Tirupathi.

He was so wanted to have darshan of Venkatachalapathy in Gunaseelam near his asharam & bless the devotees.

He came back, bathed in the Cauvery,took blessing from his guru &undertook severe penance here in his ashram in Gunaseelam.

Best resort on the Ganga at Rishikesh

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1/n

Moving averages
EMA and SMA
1. Exponential Moving Average (EMA) is similar to Simple Moving Average (SMA), measuring trend direction over a period of time.
2. However, whereas SMA simply calculates an average of price data, EMA applies more weight to data that is more current
2/

21 EMA : SHORT TERM TREND
1. Calculates the Average Price of past 21 days
2. A stock above 21 ema is in strong momentum , which will give pullbacks to 21 ema again and again.
3. Stock above 21 ema should never be shorted so as to stay with the trend
3/n

3. A stock which moves 10-15% above 21 ema will be too extended and hence will generally pullback
Stocks take dynamic support on 21 ema
4. You can Short only if its too extended like 15 to 20% from 21 ema ( Not advised )
#ADANIPOWER:
#pnbhousing
4/n

1. Whenever 21 ema is sloping upwards its called uptrend
2. Whenever 21 ema is sloping downwards its called dowtrend
3. Whenever 21 ema is sideways its called consolidation
⏫Buy in uptrend
⏬Sell in downtrend
Examples:
5/n