spiritedDingo47834

spiritedDingo47834

ComfortDelgro have gone through a lot post covid manic. With transportation industry badly impacted by restriction and later by the input costs inflation, impacting badly the financials. leading to removal from the STI Index. The tide is changing with company taking all the steps to make a strong comeback. Inflation adjusted fare is now giving the tailwind to the...

spiritedDingo47834 Updated 

Silver has been testing the pactience of investor community for a very long time. Known as a poor man's Gold this commidity mimicks the gold price but moves are sudden and strong. Gold has been in past 5 years moving within the range of triangle and getting into a squeeze period. looking for breskout upward and flow the Gold price move.

spiritedDingo47834

Last 5 years if one adjusts for covid related correction. US and Indian Markets have given phenomenal returns. Looking at the 5-year chart, the correlation between the markets looks quite high. While US markets was a leading indicator in the beginning. but Nifty later on started giving leading indicator. One can argue that Nifty return is in INR while SPX return...

spiritedDingo47834 Updated 

KLSE Index is getting an interesting phase with long term support and medium term downturn is converging. Over the next 3 - 6 months we should see a breakout from the long triangle build up. Looking at the short term build up it looks like an upward bias for now.. Lets see how this plays out.

spiritedDingo47834

CPF is in downtrend for quite sometime now. Price action is suggesting weakness in the 5 year chart .. but multiple support range may get tested before consolidation and then move up may satrt. entry zone

spiritedDingo47834

Granules 5 year chart is looking interesting and getting ready for a big break out up side for a new rally.. once the trendline is broken and sustained ...

spiritedDingo47834 Updated 

STI Long term index charts are trading at influx point. Caught in the bull and bear fight index is hovering around 3200 mark. See a reverse head and shoulder pattern appearing on the long term charts which may unfold in next few months when the neckline is confirmed breakout. This is a long term chart so view is mid to long term. Since STI index has over 40%...

spiritedDingo47834

Vedanta has been in news for some time now for many reasons. Looking at the medium-term chart it is looking for quite weak ... with the support line at threat .. looks like Vendanta may be moving to double digit over the period... once the trend line is broken

spiritedDingo47834

NMDC is India State owned mines companies which has done well over a long term period. Looking at long term chart this stock seems to be in consolidation mode for a very long period over 12 years. The stock is getting a new life as it has fundamentally repaid the loans and is in net cash. I would still wait for the stock to cross 140 level and stabilize before we...

spiritedDingo47834 Updated 

Looking at the SGD/JPY long term channel it is moving within the channel for over past 20 years. Within the channel it is having 4 years cycle. With the latest upmove touching the upper hand on the channel ... Soon the trend for downtrend would also start. Having Yen assets may provide good run over the long term period.