We alluded to the strong move that we're observing in the Fertilizers and Chemicals space. Today we're here to take a look at one such stock that just broke out above its resistance and looks good to go!
Price trends have been a tad bit clear in the week gone by and some of that has translated to new trade ideas. This week we're looking at a name from the Consumer Durables sector.
Metals have been gaining more strength with every passing day and have certainly been outperforming the market at present. We have a long setup from the Metals sector this time around as well.
The market has been a mess and off late the geopolitical turmoil has been playing havoc as well. Metals have shown strength over the past week and that has been our area of focus. This week's long trade comes from the Metals segment.
The market hasn't been easy off late and a sideways move means that market participants get trapped more often than not. Today we have a trade setup from the Chemicals that has some eyeballs on it. We thought this might be a good time to check it out.
Today we're taking a pick from the Consumer Durables sector. There's been a slight pick-up in activity along with a big base breakout. Which stock is it?
The market has been different over the past two weeks compared to the past two months. We're seeing a resumption in trend in several sectors and today Fertilizers are in focus.