As markets are trading in a state of utter confusion, FMCG and Safe heaven blue chip stocks seem to have rallied a lot in the last couple of weeks. One of the Famous FMCG Stocks, Marico Ltd, has rallied around almost 12% since the beginning of July 2022. Stock prices have gone all the way […]
Price Action Highlights – Marico Shows Bearish Signs, After Strong Rally ! Read More »
Here’s a stock that might be interesting for short-term traders and Swing traders. It has already shot up by 20% from the bottom, even showing signs of Accumulation Phase. If the Accumulation Phase is successful, stock prices could rally further. HLE Glasscoat, also known as Swiss Glasscoat, is a small cap company, a leading manufacturer
Price Action Highlights – HLE Glasscoat Ltd, Up by 20% and Signs of Accumulation! Read More »
The Bulls are rejoicing and the Bears are crying. Nifty 50 does it again! Short-term sentiment has quickly turned around in the market. Short sellers, despite making decent returns the last couple of months, are caught off-guard. Since the beginning of July, the Nifty 50 has been on a bullish cycle. Prices have rallied all
Nifty 50 – Buying Pressure, Momentum Breakout and Highs! Read More »
There are times when Technical analysis can collide with the on going fundamentals of an asset. Understanding the market sentiment or taking any trades can be big issues in such circumstances. The present condition of USDINR reflects such a scenario. On one hand, aggressive rate hikes by the FED are pushing the US Dollar to
Price Action Highlights – USDINR in Mark Up Phase but Overextended trend ! Read More »
The entire market is experiencing sluggish price movements. Most of the stocks are either in correction or range. But some defensive stocks which have a high concentration of DII investments seem to be performing well. ITC is one of those stocks. Since the beginning of March 2022, ITC stock prices have rallied all the way
Price Action Highlights – ITC is Rallying but Volume is Declining ! Read More »