Smallcaps in India have been showing a lot of momentum since the March 2020 lows. We had highlighted this in our blog once the move had started in July 2020. Let us see the updated version of the smallcap vs…
Month: February 2021
US 10 year yields at Resistance
US 10 year yields have rallied significantly in the last few weeks. The chart shows the yields above all significant moving averages and in a bullish trend. On zooming out, we can see that yields are at a significant level.…
Crude Oil at important resistance
Crude has had quite a ride in the last 12 months. Negative prices which nobody could have imagined. What is the current trend for Crude? The chart shows it is bullish. It is above all major moving averages on the…
Bearish Engulfing in Nifty weekly chart
Nifty has created a bearish engulfing pattern on the weekly charts. This happens when the weekly candle covers or engulfs the previous week candle. The charts shows previous instances in the last 3 years when we got bearish engulfing candles.…
Update on Copper
Copper has been in a bull wave. We have spoken about that a number of times on this blog. Let us see the latest chart of copper: We had alerted when copper broke above the lower line marked in blue.…
