Expert technical analysis of financial markets by JC Parets
We debuted a new scan recently which goes by the name- 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.
The market has a mind of its own. Who would’ve thought that Reliance Industries would break out on a messy market day?
If you’ve been in the market a while, then you know that Reliance can single-handedly decide the direction of the market. Such is the power of this stock!
So what do we have here? Well, after a considerable bounce over the past month and a half, Reliance has managed to breach an area of resistance. And we’re here to talk about the implications of that. [Read more…]
This week we’re looking for a long setup in the Pharmaceutical sector. Historical highs are being clocked on both index and stock levels, and one name pops right up.
[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.
Early in February, we had published a post discussing the Adani Group and its targets as well as risk management levels. We published a follow-up post with revised targets and risk management levels in April this year.
Well, it’s that time again where we update the levels and see what’s in store for this group.
Here’s to more rotations and revolutions in this particular solar system. Off we go on our rocket ship to see what the charts have to say!
We’re back to share with you, what we love to do and that is the Top/Down approach. At All Star Charts we’re big fans of the weight of the evidence. The market tells us where it’s going, and we listen. It’s pretty simple really.
For some time now, the Pharma sector has been displaying strength. Resistances have been breached, momentum indicators have been strong, and rallies have been swift.
So what do the charts say this time around? Let’s take a look!
The Financial Services sector has been displaying resilience. Within this universe, there are certain stocks that are showing strength and moving past their resistance.
Let’s see what the charts have to say! [Read more…]
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.
