Authors Mayank Narula

7 days 30 days All time Recent Popular
Mayank Narula
Mayank Narula
@Mayank_Narula1
#DELTACORP

Channel from 2020 bottom broken.

Can go down to 200 if 250 is broken on closing basis.

Definite exit if someone is holding from lower levels.
DELTACORP
Mayank Narula
Mayank Narula
@Mayank_Narula1
I will be a buyer under 13800 levels, but depending upon the reversal on smaller timeframe.
BITCOIN
Mayank Narula
Mayank Narula
@Mayank_Narula1
#DEEPAKNTR

If 2000 is broken, then can go down to 1600.
DEEPAKNITRATE
Mayank Narula
Mayank Narula
@Mayank_Narula1
DXY and commodities usually don't move in the same direction.

One of them has to give-in.

My money (not literally) is on commodities reversal in near future.

Even in the past, whenever the inverse relationship appeared to be broken, it always resolved in the favour of USD.
SCREENERS
Mayank Narula
Mayank Narula
@Mayank_Narula1
#INFY

Gap down on huge volumes and then bearish engulfing on huge volumes.

Things will only get worse for IT stocks from here onwards.
INFY
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Mayank Narula
Mayank Narula
@Mayank_Narula1
You want to fundamentally invest in steel or metals or sugar or textile stocks?

Wait for worst earning performance to buy and then sit with patience.


And when is the best time to sell?

When earnings improve and PE ratio goes to single digit.

Case in point: SAIL and Tata Steel with PE of 2 and 3 respectively
SCREENERS
Mayank Narula
Mayank Narula
@Mayank_Narula1
Cyclical stocks (metals, commodities, even auto) have the lowest PE multiples right around the top when cycle is about to turn.

That's when they suck in the retail.
SCREENERS
Mayank Narula
Mayank Narula
@Mayank_Narula1
#Ethereum

CMP: 1006

Will be a buyer under 500
ETHEREUM
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