dgtrader1981

dgtrader1981 Updated 

Mphasis is likely to touch upper channel after breakout

dgtrader1981 Updated 

While rest of the large cap in India market have started to catch up with mid and small caps after the state election results, HDFCBANK caught the fever a bit late and just has started to move breaking the previous resistance. Closing at 1646 on 12/15 - right at the the .61 Fibo level with pivots as Feb '23 high and Q3 Low - support level is well established in...

dgtrader1981 Updated 

Good news is the sell off on 12/20 was with a low volume and did not fill the gap all the way to 1826 but the sell off stopped just at the prior gap 1739. So buyers may get inspired by that move and may come in tomorrow or later in the week if no follow up action from sellers. The bad news is - it pierced through quite a few potential support in a single session,...

dgtrader1981 Updated 

NSE:BDL Buy if breaks out 1900 around mid Feb. If Pulls back Buy at 1500 around Mid March

dgtrader1981 Updated 

NSE:RVNL is looking to get some correction; if the stock reenters the channel - expect 236 level first and possibly 200 level.

dgtrader1981

NSE:TITAGARH is showing correction trend after a strong run. 50% Fibo takes it to 720 - at that price the PE (2024 earning) will be 24 - great buy for Indian railway and could go there by summer '24. However it should visit 850 level in the coming weeks before rebounding a bit - likely by March. I would start accumulating at that level in case bull wind is too...

dgtrader1981

Potentially 100% upside by end of the year to ~2100 - peak to trough cycle is between 450 to 650 days.

dgtrader1981

This is for a study of GBPEUR wrt Brexit - using TradingView platform tools.

dgtrader1981

$ALB cheap @ 9x FPE but technical is poor relative to #SPY, #IWF #XLB. This week is critical could break relative uptrend to all 3 ETFs. Though daily RSI could bounce weekly still in downtrend, bounce will be retested. Next Support @ 186. MS' PT 155 siting oversupply of Lithium.

dgtrader1981

ECONOMICS:USM2 There were four time US money supply trend has changed in last 60 years or so. The 1st one was with the Clinton Govt. with lower interest rate in 90's that started the boom and bust and 2001 recession. This trend starting in 90's changed with similar slope in 2008 when the interest rate went down to 0 after the Great Financial Crisis. This third...