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Showing posts from August, 2019

Can Tata will become next Maruti?

Is Tata Motor's Tigor Electric car will gives back glory to Tata's brand-name? (This blog only for education purpose writer not advising any trade opportunity) First see some recent news which provided below- Technical Chart Analysis- Chart say- All time high is 506.9 in Feb 2015. CMP 116 was previously in Nov. 2009. In 2008 crisis made low of 24 in Dec 2008 . As CMP 116 strong support seen at 98 to 100 range As worst situation in this 2019 slowdown may possible to be touch 76. According to me TOMO will not fall below 76 also not heads towards 2008's low. Targets- Above 530 rupees in 2022. How Tata Tigor EV preparing for boom in Auto 2.0 era Tata won tender to supply 10,000 units of Tigor EV to the government's Energy Efficiency Services Limited. Tie up with Zoomcar for rental service on Tigor EV currently available on zoomcar. First impression of the Tigor EV on the move is fairly positive

“Big Profit Patterns Using candlesticks"

“Big Profit Patterns Using Candlestick Signals And Gaps” To Download book Click on following link https://drive.google.com/file/d/11qD-xbpEb0pRQfwIx2hMsxDMAEP6L8MY/view?usp=drivesdk

Market Guide 2

Nifty from 12100 to 10700; What next? (This blog only for education purpose writer not advising any trade opportunity) Rule- History repeat itself.  So we firstly analyse last 2008 crisis. 2008 Crisis  Nifty 50 Monthly chart. 6357    PE Ratio-25.33   2252    PE Ratio-12.69 Chart A. Why stock market crash in 2008- Change in global investment climate Globally Central bank policy rates were slashed to historic lows.  US financial crisis stemming from crisis in sub-prime lending market. Chart pattern before start of 2008 crisis Chart B. Current situation on chart In June 2019 High 120103 PE Ratio=29.25   In Aug 2019 PE Ratio- 27.05 Chart C.                                                     It may correct till 22 to 20 in  upcoming months(Nifty may fall upto 8800 magic figure) When stock market peaks, dividend yield of index bottoms. According to chart candle formed 5 to 6 months before  Jan 2008 and

Recession may coming, Be ready!

Recession Wall Street tumbles on rising fears of recession; main indices down 2% Yields on the two-year Treasury notes rose above the 10-year yield for the first time since 2007, a metric widely viewed as a classic recession signal.

Market Guide 1

Market Guide                                    I predicted market correction on 8th June 2018( https://mycapitalchoice.blogspot.com/2019/07/my-chart-analysis.html )  when NIFTY around 11850 and giving target of 11200 to 11100 (650 point correction). Which went more deep to 10850 as result of US Fed news came on 31 July. Retail investors are currently worrying about erosion of their wealth. They are confuse what to do now. Going for fresh Buy? is question for all.  Buy at low and Sell at high This is golden rule of market. There was a time when NIFTY touched his all time high to book profit and wait for correction. From last 2-3 year small cap and mid caps gave negative returns then since last 14 to 18 months investors put their wealth in large cap. Large cap are part of NIFTY 50. so index was rising day by day that time. All money flow towards large cap from small and mid cap. Market was finding reason for correction since Feb 2019. FPI(Foreign Portfo