We retired our “Five Bull Market Barometers” in mid-July 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.
Expert technical analysis of financial markets by JC Parets
We retired our “Five Bull Market Barometers” in mid-July 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 have some good news! We are debuting another new scan for Premium Members of All Star Charts India. As we go forward, we will introduce several new features for our members, but for now, the second scan has just dropped!
Introducing the new scan- All Star Momentum.
All Star Momentum is a brand new scan that pinpoints the very best stocks in the market. This time around, we have incorporated our stock universe of Nifty 500 as the base. Among the 500 stocks that we follow, this scan will pump out names that are most likely to generate great returns.
This is the video recording of our April 5th, 2021, Monthly Charts Strategy Session.
Here is the video in full:
We’ve been observing Aluminum for some time now and also included it in our Three Charts for the Week post, and the move seems to have picked up the pace.
Aluminum has been leading the base metals space for a while since Copper took a back seat, and we’re now seeing the follow-through of that action in the price breakout.
Two weeks back we had noticed IT putting its head again from underground and shared some actionable ideas. As the market progresses, we’re noticing new names joining this list and thought it would be nice to have a follow-up post for the same.
Let’s see what these stocks are indicating for the weeks and months ahead.
Signals act as indicators for what’s to come or what we can expect. If you look closely, there are several signals that can be picked up from the market in order to stay ahead of the curve. A lot of analysis goes into arriving at the bottom of the funnel that is stock selection.
While the bigger trends are in place and their relative analysis helps us understand their strength and weaknesses, there are certain signals that can be picked up on a regular trading day as well.
This week we’re looking at a long setup in the Metal sector. Several stocks in this sector are performing well with our Outperformers scan throwing up another popular name last week.
[Read more…]
We retired our “Five Bull Market Barometers” in mid-July 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.