Monday, June 29, 2020

Technical Analysis of GOLD - Why you should Invest?

I am bullish on gold for a while now, Had been suggesting investing in it for past few years.
My hypothessis can be checked below.

Monthly Chart of GOLD


Weekly Chart of GOLD


Daily Chart of GOLD


All the time frames we see, there is a very good bullish patterns, GOLD may continue its upwards journey in this unpresedent times.

So try to allocate your portion of it, through various available avenues like, SGBs, Gold Funds, GOLD ETFs etc..

If you feel the information is useful, Please share with others.

The information & charts are for education purpose only.

Analysis by

Raghavendra S
Think Equity
thinkequity1@gmail.com

YouTube Subscription Link : https://www.youtube.com/c/ThinkEquity1?sub_confirmation=1
Tellegram Channel Link: https://t.me/thinkequity1

Saturday, June 27, 2020

Poly Medicure Ltd Technical Analysis - Multi Time frame Analysis


Poly Medicure Monthly Chart

Here I had analysed Poly Medicure on multi time frames.


On monthly time frame the stock is making HH-HL formation.
The previous high is around 350 levels a monthly closing above 350 can take the stock to higher levels.
Keep SL at 200 levels or keep trailing.

Poly Medicure Monthly Chart



On monthly chart forming a Cup & Handle pattern a BO above 350 will confirm the bullish continuation. 
Place SL and proper postional sizing are important.

Poly Medicure Daily Chart



On daily charts its forming a HH-HL formation with previous highs at 325 levels, a BO and a close above 325 on DCB can take the stock to new highs.
SL should be 265 in this case.

If you feel the information helpful. Please share with others as well.

The information & charts are for education purpose only.

Analysis by

Raghavendra S
Think Equity
thinkequity1@gmail.com

Youtube Subscription Link: https://www.youtube.com/c/ThinkEquity1?sub_confirmation=1
Telegram Channel Link: https://t.me/thinkequity1