Gold closed at a six year high after gaining more than $57 in a monumental week which spanned nearly $80 in terms of range making it the biggest week since November 2016. Gold not only crossed $1400, it broke through multiple technical patterns which makes it supremely bullish. Fundamentally this breakout happened due to geopolitical concerns arising from U.S –...
Gold consolidated after huge gains in yet another another big week with range of over $38 with actual movement of less than a dollar. Such a move created an indecisive candlestick or a spinning top which is par on course as next week contains very important event of – “Fed’s interest rate decision” which will shape the future path of gold. The fundamentals remain...
Gold posted massive gains of $35 in the week which was having a range of $43 making it the biggest week of 2019 and the highest weekly gain in last 3 years. Gold zoomed towards the highs in the fear fueled rally assisted by a near certainty of a rate cut by the Fed later this month due to appalling data which signaled intensive slowdown. The resistances were taken...
Fundamentally: Strong and Undervalued
P/E: 2.38
BV: 274
P/BV: 1.54
Debt to Equity: 0.04
Consistent profit growth of 51% for last five years.
Stock shall move upto 2-3 times of it book value, indicating a price range of 550-750 in coming year ahead.
Technically: Recovery from downtrend
Positive Divergence observed on the chart, indicating an upside from current...
NESTLEIND is one of the Major MNC's in india, as history has told that MNC's generally Outperform Benchmark indices E.g Honeywell,Jockey,3MINDIA etc.
Entry : Long Above 11755
Stoploss : 3% Trailing
Basic Target: Open To Sky just Trail properly
Announcement : We launched, TruStox community platform for Traders with almost all features that a trader needs....
Gold finally made a decisive move as it broke out from the flag on the upside changing the trend to bullish after more than 2 months. The consolidation which it was in from past few weeks ended with a massive move of $21 happening on the upside with gold ending well above the psychological $1300 mark. The week was a huge one with the candle having a range of more...
for more than a week link/usdt on 4h chart following a trend line as i indicated here with a black lines ...several supports and resistances but this time the scenario is different where i can see a super strong support level with double bottom at 0.9380 trend line level along with Fibonacci great support on 0.61 level.these three supports trend line,double...
Gold remained sideways trading in its set range with consolidation spilling into 5 straight weeks. The yellow metal had a weak start to the week but ended with gains of $7 without the support of lower dollar as global tensions weighed again. Point to note : Gold has been unsuccessful to give a weekly closing above $1286 after repeated tries over last few weeks...
DB Corp came down from the highs of 440 to the levels of 155 in last 2.5 years and now showing recovery signs. It is available at a PE of 12.8 and PEG of less than 1. PB of 1.9 is on slightly higher side. Buy this share for a target of 235, 280 and above with a stop at 160. Do your own research before investing.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
