Traders should pay attention to the Energy Sector, Expect Highly Profitable trading opportunities in the segment on upcoming weeks!
There is an Interesting theme which is unfolding now in the Energy Segment. If you have noticed the market prices of energy companies, from last couple of weeks, Stock Prices have climbed consistently making new highs. Stocks like Coal India, Tata Power and ONGC are seeing increased Buying Pressure.
Across the Globe, many major countries like China, UK and European nations are experiencing nationwide energy shortage. The Supply of Energy like Coal, Natural Gas, Crude Oil and Hydroelectric power are becoming scarce. Prices of these Commodities have skyrocketed since the beginning of this year. Many Professional Investors and Traders are calling this as Global Energy Crunch, and it’s a Potential opportunity to find highly profitable trades in Energy and Power sector stocks.
Take a Look at the Prices of Some Energy Companies so far…
Coal India – Share Prices on 1D Chart
Tata Power – Share Prices on 1D Chart
I have explained about this in-depth on the video, make sure to check it out. The Video link is given below...
Traders can select the Stocks from Power and Energy Sector, Analyze the Price Action and look out for Potential Trading Setups. One can also make use of the Nifty Energy Index, which I have explained in the Video. Another way to take advantage of the situation is to take trades in Commodities.
Look out for Potential Price Action Trading Opportunity in these areas on Upcoming Weeks. If you end up capturing a couple of good trades, you can gain some solid returns.
