Peria Karamalai Tea & Produce Company Ltd
Reasons for this buy ✔️
💎Technically promosing chart
💎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.
Nifty at all time highs, expecting a sharp correction for rsi cool off from 85 levels to retest the consolidation zone of 16000-15600, and further down move if not sustaining 15600. Analyse well before decision and act on decisive down move only. ALL THE BEST
Glenmark is standing near its very strong support currently and there is no reason foir the stock to correct further, the RSI is as low as 22, and i expect it to stand back strong to its previous high.
The reasons: why the nifty will crash ( Auguest 2021 )?
1. The weakening of USD against INR, The weaker USD will result in stronger INR which will directly result in the Indian stock market becoming " Expensive " to the FII . These FII have taken huge sums of money from Federal Reserve, USA. As the interest rates are the lowest they have been but the recent...
Date 15 Monday Trading Plans
Why Bearish View?
Nifty is in the consolidation phase consolidating between 15436 and 14520. On Friday(15th March) we can see buying exhaustion and a good volume of supply near the top of the consolidation range. So the rule of trading in a sideways market is BOD and SOR(Buy on Deep or Sell on Rise) so it might...
Nifty formed double top or M pattern on Daily Chart
Will there be a Correction continuation or a Big Crash coming like last year???
Rsi Divergence too strengthening the idea of huge correction atleast 10% or 14000 points
All governments globally have been generous in providing decent amount of stimulus to their respective countries as compared to their GDP's. What makes me wonder is that even after such huge amount of stimulus many countries have shown flat GDP growth or economic contraction. What if these stimulus were not provided at first place? The economies and the global...
All the things I want to say is mentioned in the chart, please read it carefully.
Reason to this fall :
1.MARKET HAVE A STRONG SUPPORT IN THE MID RANGE OF 26500-26600.
So we can expect fall up to that.
And as per logical TARGET FOR A #RISINGWEDGE PATTERN is 2L , which is exactly DOUBLE of length L mentioned on chart.
2. RSI is showing ...