Every momentum stock has a fascinating story to tell. Nio stock, the Chinese version of Tesla has been on a crazy momentum run but here’s the trigger that started the bull run and resulted in sustainable momentum.
NIIT Limited ~ Picture Perfect Breakout
NIIT stock has rallied 66% since first week of September 2020. This rally came on back of 100% move the stock had already made from March 23 lows to an all-time high. NIIT success once again reiterates the power of price action and why one should pay attention to a stock when it makes an […]
Five Observations on Nifty rally during the last 5 months
One of the important aspects of reading price action is to make observations, try to understand the navigation map and the market behavior. It gives you many reference points to think about and guess what the market can do in the future. Let us try to read Nifty rally over the last five months
The Problem with Alibaba stock
Things can turnaround pretty dramatically in the market and hence a high level of vigilance is required all the time. There is a fascinating drama that seems to be unfolding on the Alibaba chart and there are some valuable lessons to be learned.
This is how Infosys rallied 65% over the last six months
One of the major advantages of Reading Price Action: It helps you spot the inflection point where investors dramatically change their Perception about a stock/sector. And I can share a countless number of case studies that how a change in PErcpetion leads to dramatic stock rallies. Here’s an Infosys case study to understand this process.