Long term, emerging market should outperform US due to high growth potential. India ETF looks particularly interesting to me.
Reasons:
1. Price just broke out of a long horizontal rectangle. Although you are not going to see massive price moves, it is a great asset to own.
2. India is one of the only countries focusing on reducing debt vs increasing in the next...
Hello guys before I write anything I say something that's its takes hours to analysis a single chart so please like it.
Elliote wave: 5+3
=>> 5 Impulsive wave done by Piramal Enterprise at 629 0.618 fib level according to wave principle, Currently It's riding on Corrective wave and its have 3 waves with correction of 1 fib which is at 1760 level = 4 wave
Price...
PNB has finally broken a strong resistance of a channel in which it has been stuck since the Corona impacted equity markets.
With the breakout happening with high volumes and a s series of higher lows, we can see that it shall possibly sustain and reach up to the level of 59 in near future. Next target after 59 we can see is 68.
For those who are not already...
Stock is at a critical level, will it breakout or breakdown like it has in previous years at this level? Keep your eyes on the charts and follow me on tradingview/twitter to find out!
Hello friends,
First, I love India and the Indian people. I made an analysis for the Indian rupee and I think it is on a very important level now. You see the huge rising channel, in which a small falling one is formed. I have indicated the important levels on monthly and weekly charts, which were just hit. We saw a strong rejection from these levels, which...
BEL seems to come out of box along with making a reverse head and shoulder pattern. Trade with targets of upto 170 , keeping stop loss at level of right shoulder i.e. around 88. The company also seems to improve fundamentally with healthy dividend payout , almost debt free and increased cash flow and assets.
HELLO TRADER,
I WOULD LIKE TO RECOMMEND TO BUY NSE:BALAXI AT CMP
TARGET PRICE - 1090
EXPECTED PROFIT - 80%
I'M RECOMMENDING THIS STOCK AS PER TA
THANKYOU
Nifty recovered 300 points after a big drop.It just broken trend line in 1H.
Buy with sl 13420
Target 1 - 13610
Target 2 - 13740
Trade with your own risk.Good luck all.
Wave A & B are done, wave C is overdue now. At the least C should be equal to A, providing for a ball park goal / target of 75.5.
Rupee getting weaker has seldom coincided with Nifty keeping going higher. Most of the time Stockmarket goes down whenver the value of Rupee goes down. It happened during September-October '20 also within this madenning equity...
