This Blog is for educational purpose only. _______________ Here, we are using Trendlines, RSI Indicator, Dow Theory and Candlestick Chart (weekly time frame) for this analysis. Keyword: Trend - Three basic trends are given below for basic understanding. Bullish trend, price keep making new high, higher then previous high and new low, higher than previous low. Bearish trend, price keep making new low, lower then previous low and new high, lower than previous low. Sideways trend, price stuck in range bound area, where price keep making high near previous high and low near previous low. Trendlines - In finance, a trend line is a bounding line for the price movement of a security. It is formed when a diagonal line can be drawn between a minimum of two or more price pivot points. A line can be drawn between any two points, but it does not qualify as a trend line until tested. RSI - The relative strength index is a technical indicator used in the analysis of financial markets. ...
Equities have great history of wealth generation till now. People still choose to bet on modern history but while investing, c an we consider something as a best method to invest our hard earned money? Isn't it all about too much intelligence and time factor ? let's find our answer ahead... Hello readers, Today, I am going to tell you two stories of wealth generation that may be inspiring for you but choice is yours anyhow. Let’s get started. Story 1: Let's assume it's 2015 and you're new into markets, having few lakhs in your pocket to invest and you don't know much about fundamentals or/and technical part but you think you’re a smart investor and tried to replicate big players, and for that you searched about top 10 mutual funds and got to know that HDFC Bank is their common holding(mostly). So, now you have stock name and money which is ready to invest, and as a new enthusiastic participant you bought the shares all in one go. Price was in range of around ₹...
The Analysis Purpose- To Analyse the current scenario as well as continue loosening financial statements of China’s one of the biggest companies- Evergrande Group. Scope- The data of this analysis was taken from verified news sources and from the last 2 Half-yearly reports. The scope focuses on the Financial ratio, growth ratio, Income statement, and cash flow statement. Overview Evergrande is China’s second-largest property developer based in Guangzhou, the capital of the Guangdong region in the south of the country. Riding the wave of China’s property boom, Evergrande expanded to 280 cities and became the light of the country’s real estate sector, having more than 1,300 real estate projects. Based on the financial statements, the company’s Quarterly Operating Income for 30th June 2021 is 1,152 Million Hong Kong dollars, which is -96.08% from the previous Quarterly Operating Income. As of now, the company is under financial stress to pay critical payments towar...
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