When the market falls in love with a theme, then everything rallies. It’s fascinating if you look at the big picture, and how textbook the rallies are. Here’s how the metal sector rally unfolded in 2021.
Tata Steel Price Action Case Study
I love when stocks make textbook moves and Tata Steel has been one such stock. Let us try to read every twist and turn Tata Steel stock has done over the last five years.
Reading Price Action ~ Bandhan Bank
Fundamental Analysts read Balance Sheet/Annual Reports/Industry reports to find out whether a stock is investment-worthy or not but those reports never tell you what the collective wisdom thinks about the stock. Here’s how one can read the price action of a stock. Let me take Bandhan Bank as an example.
Tired Bulls and Overstretched market
Everybody needs rest to reflect. The market does that by pulling back from highs. It tempers enthusiasm and makes the market healthy.
The concept of Inflection Point
Price Action Investing is all about capturing the moment when the market changes its perception PE about a business. It’s all about getting that inflection point when things turnaround pretty dramatically. Let me explain this with one case study.
PE ratio is the most useless indicator when it comes to investing
If you are a long-term value investor, the first thing you look at is the PE ratio. You even have screeners for that. Sometimes you don’t invest in great businesses because you don’t find it cheap. How can you buy a stock that is trading at obscene PE multiples, that’s crazy!!! As a good value […]
Price Action of Bharti Airtel: Nobody knows why?
There is a trending stock and then there is a random moving stock. Bharti Airtel stock raised enormous hope when it rallied like crazy before the covid pandemic but the price action move in 2020 has been completely disappointing. Traders don’t like stocks that give mixed signals and do not have clear trends.
Follow the Leader: Deepak Nitrite Story
When it comes to the stock market, the most popular show: Follow the Leader. Once you have identified a Leader, you can get great returns just by following it closely and buying every dip it offers or simply just being invested in it. Here’s one case study to illustrate that point.
Here’s one very simple lesson we can learn from Godrej Properties price action?
Godrej Properties stock has made a stunning move of 54% since Nov 05, 2020. I am glad I covered the stock right on Nov 06 2020 and here’s one simple lesson we can learn from the price action.
Here’s why I recommended Amber at 1050 in May 2020
Amber Enterprises has been one of my top picks in CY2020. I am glad price action helped me spot this stock at 1050 which now trades at 2400. I recommended the stock again near 1700 and here’s the rationale.