Disclaimer: I am not a SEBI Registered Research Analyst and all these analysis are based upon own study and experience. Reader should take a note that, they should consider their goals and financial planners for taking any decision and consider this study as just a reference for research. I keep altering my positions so I may or may not be invested in my suggested...
TidewaterOil declined from high of 3873 on 13/07/2021 down to 1397 on 20/12/2021, since when it is undergoing healthy consolidation.
Three positive divergences occured during the period of 26/11/2021 to 18/01/2022.
Also, fundamentally, results have not declined at all to the comparable level of downfall in the prices.
Hence, it is a good price formation for...