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.
Expert technical analysis of financial markets by JC Parets
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.
The market had been a mess for most of 2021. But even as the weakness persisted at the end of the year, we repeatedly highlighted the strength coming through in the IT space.
Well, this post is no different. We have breakouts, people! Let’s take a look!
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.
We’ve been talking about how the major strength in the current market has been coming through in IT. But what we also noticed is that while Nifty Pharma wasn’t looking pretty on an absolute basis, the relative strength is pointing in a different direction.
Pharma has been gaining our attention for the past few weeks. This post will see if broad participation is back in Pharma or just a few value weightage stocks are gaining higher.
Today we’re introducing a new series of posts that we will include in our general analysis.
We’re calling this the BASH Series. What does this mean and what do we do?
We look at stocks in the market that are experiencing extreme moves, and we share our views. So we will tell you what we’d do: Buy, Avoid, Sell, or Hold. And that’s how we arrive at BASH (you have to make acronyms that make a word. Just sticks better, so bear with it. Haha!)
Today we’re here to discuss RBL Bank Bank. So let’s do just that.
This week we’re looking at a long setup in the market’s favourite bullish space, IT.
IT has been displaying strength even in a sideways market. Such strength is crucial to note.
Let’s take a look at what we have today!
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 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.