Get started

Economic Cycles

Punjab Chemical Investment OpportunityLong term trend shows that Punjab Chem has given buying opportunity. In Period of >1 year it might give more than 30% returns if history gives any indication. As soon as MACD crossover happens in monthly timeframe, we will see a rally for atleast 1 month. There you can book partial profit. Must note that past performance doesn't guarantee future result. Disclaimer : I bought at 925 for short term target:1400 and long term target: 1900 Fibonacci levels give target of 2400
NSE:PUNJABCHEMLong
by kushalnit
1
BSE SMALLCAP INDEX DIVERGENCEI have interesting trend analysis done here by comparing two bellwether INDEXes When one compares weekly charts for BSE SMALLCAP Vs NIFTY50, there is clear case of divergence in trend visible since last 4 weeks starting from last week of July. Will the NIFTY see the bullish reversal and end the diverging trend or it will culminate into severe correction for NIFTY and the broader market. Market had similar divergences in the past for example in early 2016, later 2017, early 2020 and now in August'23
BSE:SMLCAPShort
by sekharsabani
1
USDINR rally ahead, consolidation seems complete. #USDINRUSDINR has been moving sideways since last Oct . It has shown no net movement in the last whole year. The sideways move has taken the shape of an triangle and seems to have been completed . The latest upmove from the wave marked E is the first leg of the new rally. This should take the price to 84.50. A higher target is 86.30 but that will depend on the structure we see when we hit 84.50. Interesting to note that wave C of the triangle has resolved as a triangle as well- a triangle within a triangle This pattern will be invalid if we go below 81.65
Long
by SolomonsView