This week we’re looking at a long setup in the Auto sector. We’re seeing strength come through in the Auto segment and thought of taking a look at a stock that’s ripe for a bullish move.
Let’s take a look at this stock.
Expert technical analysis of financial markets by JC Parets
This week we’re looking at a long setup in the Auto sector. We’re seeing strength come through in the Auto segment and thought of taking a look at a stock that’s ripe for a bullish move.
Let’s take a look at this stock.
We retired our “Five Bull Market Barometers” in mid-July last year 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.
We’ve been discussing Covid for so long now, that it feels as though it’s been going on forever. It carried out massive damage across different segments. But we are now seeing a resumption in trends that have been in place long enough to call them trends.
As we know, travel had been largely affected by the pandemic. Getting out of the house to buy groceries became the new travel plan! But not anymore!
We’re now witnessing a strong and consistent pick-up in flight and hotel bookings which means that we can start taking a look at the shares that belong to these categories as well!
So let’s do just that. [Read more…]
Presenting to you, dear readers, the Never Say Never series. Here we will discuss all those topics that a typical market participant thinks could never happen. I am a strong believer in faith and everything but I also know to never challenge the universe – in our case: the market.
I learned early on, that biases are a natural by-product of the human mind. Everyone has them, in some form or the other. But one ought to leave these biases right outside the door before entering the market. Because as soon as you believe that something could never happen, most often it does.
I had a client ask me incessantly what the next major support of a particular stock was, and after ten revisions, I said 0. “Your maximum risk is if the stock goes to 0”. He stared at me, his mouth agape with incredulity.
Cut to today, where I cannot make that statement again. You see, Crude Oil traded below 0. And that changed the very idea most people believed in, me included.
So here we are today to discuss with you things in the market that may leave you astounded.
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.
This is the recording from the live October 2021 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 timeframe. 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:
This week we’re looking at a long setup in the Infrastructure sector. Nifty Infra continues to display strength across different time frames. One of the stocks that stands out from this sector has been featured here.
Let’s take a look at this stock.
We retired our “Five Bull Market Barometers” in mid-July last year 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.