As the market continues to churn sideways, certain stocks are putting their head out of the water and making a move.
Today we’re looking at a Fertilizer stock that looks interesting.
Expert technical analysis of financial markets by JC Parets
As the market continues to churn sideways, certain stocks are putting their head out of the water and making a move.
Today we’re looking at a Fertilizer stock that looks interesting.
We retired our “Five Bull Market Barometers” in 2020 to make room for a new weekly post that’s focused on the three most important charts for the week ahead.
This is that post, so let’s jump into this week’s edition.
This is the recording from the live May 2022 Conference Call for Members of the Allstarcharts India! Before getting into individual stock ideas in India, we’re going to first start with the global macro perspective. Once we identify the direction of the underlying trends from a structural and broader view, then we’ll dive into the NIFTY Indexes on both longer-term and short-term timeframes. We want to look at Large-caps, Small-caps, and everything in between before getting into the Sector and Industries themselves like Energy, Banks, and Pharma.
This is when we finally break things down to the individual stock scenario with identified risk vs reward opportunities. That is what this is all about – aligning ourselves in the direction of the underlying trend while at the same time identifying where the risk is to make sure the potential reward is skewed exponentially in our favor. You will find that throughout this process we discuss Momentum, Fibonacci and Relative Strength. I encourage you to check out the Education Section so you know exactly where I’m coming from when you hear me mention these tools.
Here is the video in full:
We debuted a new scan recently- The Outperformers.
The Outperformers is our newest scan that pinpoints the very best stocks in the market. It’s the fastest, easiest way to find quality names that are primed for major moves.
Gold as a commodity is close to the heart coming from India. It is generally the first instrument of investment. Most often it’s also the first gift for a newborn baby. We also have important days such as Akshaya Tritya and Diwali when retailers consider buying gold auspicious.
The inherent faith in the yellow metal to save us from bad days has been a part of the psyche for a long time. With that in mind, the levels to track in Gold become important from a personal and professional standpoint.
Not much has changed in terms of the market trend. What we’re observing keenly is if support levels hold in the short-term scenario. There are bouts of strength coming through in certain sectors and today’s stock comes from the FMCG sector.
Do you know what we’re talking about?
We retired our “Five Bull Market Barometers” in 2020 to make room for a new weekly post that’s focused on the three most important charts for the week ahead.
This is that post, so let’s jump into this week’s edition.
Global markets have been in a mess for a while now. For some time there, India was displaying resilience when it came to the broader market indices. But that has changed over the past few days.
We have seen a selloff come through in the market and it is time to revisit the levels that could be crucial going forward.