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.
Here we go with another round of our Top-Down Take weekly post. At All Star Charts we like to keep things simple and look at the bigger picture. We let the charts speak to us and then decide what to do. Always remember, the Trend is our Friend.
Today we’ll take a popular pick – Bajaj Finance – and see what what the chart has to say at current levels.
Nifty FMCG broke above its long-term resistance last week, moving out of a more than two-year consolidation. While the selected-few large caps from the sector have performed well with the rest of the market in the run up so far, we believe that the rest of the sector is on its way to play catch up.
Let’s take a look at the sector and see what the charts have to say.
Assets around the globe have been on the move since March, but the Rupee has remained steady.
Today let’s take a look at the currency pairs we track and see if those charts suggest they’ll be an actionable setup anytime soon.
This week we’re looking at a long setup in the FMCG sector.
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.
These are the registration details for our live monthly conference call for Premium Members of All Star Charts India.
This month’s Conference Call will be held on Tuesday December 22nd at 7PM IST. As always, if you cannot make the call live, the video and slides will be archived and published here along with every other live call since our launch.
Here are the details for Tuesday: [Read more…]
Register here for our live monthly conference call for Premium Members of All Star Charts India.
July’s Strategy Session will be held on Wednesday, July 6th at 7 PM IST. As always, if you cannot make the call live, the video and slides will be archived and published here along with all of our past conference calls.
Here are the details for Tuesday: [Read more…]