RyanVarghese

RyanVarghese

Placing Stop at 20 points past entry

RyanVarghese Updated 

Breakout given from technical standpoint+ 200 MA firmly respected Target 15300-500 . S/l: 14300

RyanVarghese

So, the price respected golden ratio at 61.8 fibs of its recent impulse from low 160 s to 360s. The correction was respected at 240. Try to draw a fib on weekly / daily to get an idea of it. Today, the stock jumped 16% on the news that Naresh Goyal is liquidating his holding (major shareholder). Why ? to give the money back to the lenders as a part of the...

RyanVarghese Updated 

1. we are only entering a correction phase when equity price / vaue of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken. But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation. Plus, in my view, we may see crypto assets which may take a charge in...

RyanVarghese Updated 

1. we are only entering a correction phase when equity price / vaue of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken. But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation. Plus, in my view, we may see crypto assets which may take a charge in...

RyanVarghese

1. we are only entering a correction phase when equity price /value of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken. But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation. Plus, in my view, we may see crypto assets which may take a charge in...

RyanVarghese

1. we are only entering a correction phase when equity price / vaue of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken. But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation. Plus, in my view, we may see crypto assets which may take a charge in...