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
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
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
Alembic pharma can blast anytime!APLLTD is one of the few pharma stocks which have not shown upmove in the past couple of months.
I had observed similar pattern in Auropharma and IOCLP and these stocks have rallied over 30% from their support trendline.
You must definitely keep this stock in your watchlist as around 650 levels is the minimum target one can expect.
Kindly trade as per your own analysis since this idea is shared for educational purpose.
Turnaround Technofunda Stock - INDTERRAINDisclaimer: View for Educational Purpose only Not to be taken as any Trading or Investment Advices
Technical Analysis: Has been in Consolidation for long or may continue to consolidate still
No big volumes so far
Financial Analysis: Financials are improving
Lower PE vs Industry PE
Gross Profit Increased
Promoter Holding Increased
Pledge Decreased
BTC UPDATEBtc is ranging now for quite a long time.. accumulating .
Soon we will see manipulation (high volatility to hunt both side stop losses).
And then continuation to the trend it would like to(pump or dump).
Currently Money flow in global stocks as all the stocks are near to ATH or crossed ATH already.
Expecting institution and banks to enter BTC sooner or later and make it huge pump.
Vedanta To Reach ₹500/-? ALL TIME HIGH?Vedanta Long Term Bullish Cycle About To Start. Here's Why :
1) Vedanta has has corrected itself
2) After correction it has created a base
3) Base is also formed into the monthly demand zone and structure.
So Vedanta will explode to the upside like a raging bull
GOOD MORNING AND WELCOME TO DAILY BANKNIFTY 08/05 UPDATE INDThe trader attention live market update is a service that provides traders with real-time information on market trends and movements. The idea is to delivertimely updates on BANKNIFTY .
The trader attention live market update can help traders make informedtimely and relevant data to traders through various channels, The service would cover a range of financial instruments, and would provide analysis and insights to help traders make informed decisions. The trader attention live market update would prioritize accuracy, speed, and user experience, and would aim to be a reliable and trustworthy source of market information for both novice and experienced traders.
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