Be readyKeep your money in your pocket to buy this bull, I'm the next bull market it will give us a zigzag return
There is a high probability that today it will touch to the support level buy in small qualities.
🍻🍻Cheers🍻🍻
Crashcycle
PKTEA | Awesome Risk Reward Trade💎Peria Karamalai Tea & Produce Company Ltd
Reasons for this buy ✔️
💎Technically promosing chart
💎Good Consolidation/accumulationt
💎After a good momentum from 227 it's consolidationg & there is big chance for trend continuation.
💎Awesome Risk Riward Trade(u know, capital protection is the first priority of trader/investor.)
💎Backend data was also awesome.
💎Under valued company
Funda Reasons (copied data) ✔️
✔️Company has reduced debt.
✔️Company is almost debt free.
✔️Stock is trading at 0.55 times its book value
✔️Company is expected to give good quarter
✔️Company has delivered good profit growth of 47.48% CAGR over last 5 years
✔️Promoter holding has increased by 0.86% over last quarter.
About The Company ✔️
Peria Karamalai Tea & Produce Company is one of the group companies of LNB group. LNB group is one of India's leading diversified business conglomerate having its presence in Textiles, Corporate farming, Agriculture supply Chain management solutions, Tea, Health & Wellness, Private Equity, Financial services, Renewable energy. Peria Karamalai Tea & Produce Company is mainly engaged in the production and distribution of Tea, generation and distribution of power and investment in financial instruments.
Study Well Before Investing 🙏
thanku😊
LIKE||COMMENT||SUPPORT
Bitcoin to Crash from a downward Bear Flag PatternWhat Is a Flag?
In the context of technical analysis, a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a flagpole.
The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern.
A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole).
Flag patterns are accompanied by representative volume indicators as well as price action.
Flag patterns signify trend reversals or breakouts after a period of consolidation.
How a Flag Pattern Works
Flags are areas of tight consolidation in price action showing a counter-trend move that follows directly after a sharp directional movement in price. The pattern typically consists of between five and twenty price bars. Flag patterns can be either upward trending (bullish flag) or downward trending (bearish flag). The bottom of the flag should not exceed the midpoint of the flagpole that preceded it. Flag patterns have five main characteristics:
The preceding trend
The consolidation channel
The volume pattern
A breakout
A confirmation where price moves in the same direction as the breakout
When will be the next NIFTY crash?Crash and Correction are inevitable in the market. Based on some Dow / Elliott theory analysis experts are saying the 18000 range will be the exhaustion point for NIFTY. Once it reaches there, it may fall 50-60% due to its own weight.
Based on this DOW theory, the 5th or the final wave of the impulse wave could be steeper in the larger time frame. This is because a lot of novice people would have been attracted by the market by its attractive past ROI. When the market grows, it will attract many more. If it corrects 10%, it will attract more. Many want to buy at low, who doesn't. I came to the market as a novice in 2007 ;-)
So as per the prediction, the market will crash after reaching the 18K range. So naturally, we will have a question. When it will reach there? The attached chart has a trend channel and also the marking for 18000 and the minimum and maximum expectation dates.
The range should not be taken as an accurate prediction. In the market, anything can go wrong. We will try to predict as closely as possible. Instead of 18000, it may fall from 17500 itself. Or it may run a few 100 pts over 18000. Similarly the expected time of falling also less unpredictable.
This is just a guideline to safeguard our capital.
Fraud rates - a tell tale sign of an impending economic collapseYou guys probably already know this especially those who watched the movie The Big Short, that every time before a big market crash fraud rates always go up, this has been true since the days of great depression. It is a tell-tale sign of an impending crash. And all of a sudden I came across this article saying fraud rates are up 33% during covid lockdown. Sorry cant post link here.
Today all the indicators are going bonkers , big money is selling gold/silver to cover for margin calls of falling stocks, house ownership is at pre-2008 levels , interest rates are super low, lax lending policies, tenants are not paying rent, K shaped recovery the list goes on. And with all the turbocharged money-printing there will be no more room for recovery. The economy is going to be decimated to the point of no return in the coming months and the process has just begun this week already.
Is 2020 similar to 2008?Hey guys, I am a beginner in the Stock Market. I think 2020 is similar to the 2008 market crash. Now I want your reply to this thing. If you agree with me then LIKE this post otherwise COMMENT with your view.
