Market works in themes. First there is sign of smart money positioning in certain kinds of stocks and then triggers come into public and as the narrative is getting built up stocks gain enormous momentum. Those who are good at price action reading have natural advantage to identify new themes and position properly. Those who …
Rising Brent – Any Play there?
Every chart has a story to tell. They are not just to put trendlines and indicators and be done with it. The story if you understand can be rewarding financially. Your job as price action trader is to try to understand what market is telling. Alphageo. MCap ₹268Cr. CMP ₹422. Tradable Float MCap ₹125 Cr …
Thread Jan 2022 2.0
Capex Story with Price Action
Capex is capacity expansion and that means in future you can expect the business to deliver much better sales. But that in and itself is not sufficient if that expansion is not profitable good margin segment. Now who is to judge whether something will be profitable and better returns will be generated in future? You …