STATE OF THE MARKET

Reading Global Trends through Charts

NIIT Limited ~ Picture Perfect Breakout

December 25, 2020 by Deepak Singh

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 […]

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The Problem with Alibaba stock

December 24, 2020 by Deepak Singh

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.

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This is how Infosys rallied 65% over the last six months

December 23, 2020 by Deepak Singh

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.

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