Today’s “Chart of The Week” discussed the breakout in USD/INR, so we want to use this post to update our views on a few Commodities on the move. [Read more…]
There’s a lot going on in the world right now, and India specifically, but one positive to come out of all this mess is we may be seeing a more clear trend develop in USD/INR.
Let’s take a look at what’s happening.
Today we’re going to look at July’s monthly charts and identify the changes worth noting. [Read more…]
Selling continues and now many broader market and sector indices are at or below support, so in this post, we’ll look at some of those charts and assess the damage that’s been done.
This is the recording from the live July 2019 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: