Science of Price Action
by Deepak Singh
Science of Stock Price Action:
When a stock makes a new high, and then sustains above it – then that’s considered stock has a new base on the roof and it’s a matter of time before stock makes another huge upmove from the roof.
This is different from Breakout.
by Deepak Singh
Radico has been one of my fav stock but price action in 2019 has been terrible, to say the least.
by Deepak Singh
You should always feel bullish about a company that is doing all the right things and usually, such stocks just take off vertically when the time comes. NESCO, 4700 crores market cap company, is at that stage; after making +50% move in CY2019.
by Deepak Singh
Every trade has its own set of assumptions. Raymond stock during its momentum moved gapped up at 680 and hence a trade was initiated when the stock filled the gap but that trade turned out to invalid as the stock bullish move fizzled out and it slipped below 680.
by Deepak Singh
What is a Trend Turnaround?
When a downtrending stock that was SELL AT RESISTANCE takes out the resistance, moves past it and then pulls back to test previous resistance as support, then that change in trend is called Trend Turnaround.
by Deepak Singh
Fear kills more dreams than failure ever will.
[Read more…]
by Deepak Singh
DMART has been one incredible wealth creator over the last few years. The company did an IPO in March 2017 at Rs 299. The stock got listed at 600 and now 2.5 years later the stock is near Rs. 1800.
by Deepak Singh
Nifty is trading near highs but here are three large-cap stocks struggling near support levels. Will they bounce and offer some relief to the market?
by Deepak Singh
Text Book Trades – Review and New Opportunities. In this section, I have covered all the textbook opportunities that developed in the market over the last six months and how they have performed and what new opportunities have popped up over the last few weeks and where they stand. The important things we can learn from these textbook trades to become better at identifying new opportunities 🙂
by Deepak Singh
Here’s a quick 9-minute video to help you understand
What is Deep Value when it comes to Price Action
How should you trade it – Entry and Exit Strategy
Case Studies
by Deepak Singh
Every Chart has an interesting story to tell. The story of hope, greed, fear and New Opportunities. Here are some charts that offer attractive opportunities
by Deepak Singh
The best opportunities emerge when the market falls in love with a theme. Frontline Pharma stocks like Dr. Reddy, Lupin, Sun Pharma, Cipla have been on the path to nowhere but some interesting opportunities have developed in tier 2 pharma stocks.
by Deepak Singh
Non-Lending Financial Services has been one of the strongest BULLISH themes in 2019
by Deepak Singh
Castrol India stock seems to be presenting an interesting opportunity and here’s why
by Deepak Singh
There are times when somebody wants to buy a stock based on personal fundamental research and then they look at the chart and say – Oops missed it. Example: This is the Tata Chemicals stock chart. As you can see, the stock was a great buy at 550. The stock is now already up 19%.
by Deepak Singh
When stocks of the same sector start breaking out of well-defined resistance, one after another, you know you are looking at the winning sector
by Deepak Singh
Why do I see a potential opportunity in Glenmark Pharma?
by Deepak Singh
The market is in a euphoric mood. This stock rallied big time just few weeks back but now has pulled back to fill the gap. Will now this stock rally again?
by Deepak Singh
Price Action of a stock tells a story. It helps one makes a decision whether to buy/sell/hold the stock. What does Price Action of Exide stock tell us?
by Deepak Singh
Let us look at the logic behind this trades
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