BC METALS

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Dare2Dream
@Dare2Dr10109801 4 years, 1 month ago 1020 views

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#NiftyMetals this correction is healthy. Gap of 7th May filled. May test 5019 levels. Bullish above 5400 levels again.

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Dare2Dream
@Dare2Dr10109801

#Hindcopper Correction done? What say?

Dare2Dream
@Dare2Dr10109801

#Sail #JSWSteel updated chart - what we saw yesterday could be completion of 4th down. Both are at supports.

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Dare2Dream
@Dare2Dr10109801

@amunjal #AdaniEnt normally when a leading stock starts to give up, it first shows in relative strength, then in price.

Dare2Dream
@Dare2Dr10109801

#GMRInfra Breakout, retest and next Breakout possible?
Stock seems to in long term uptrend again.

@option_square @Arpit1223 @chartmojo @caniravkaria

Dare2Dream
@Dare2Dr10109801

Stocks that have fallen less than 20% from 52 week highs and are at 65 MA and show higher relative strength are stocks to watch out for #tradingtip @BlogJulianKomar @caniravkaria

More from Metals

Nishant Kumar
@nishkumar1977

#BSEMetals 18330

Just a wave 4 consolidation after a fierce wave 3 move

18000 zone would provide good

Anand Luhar
@anand_luhar

#DOW JONES IRON & STEEL

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Dare2Dream
@Dare2Dr10109801

#NiftyMetals what happens next?
@nishkumar1977 @caniravkaria

Nigel D'Souza
@Nigel__DSouza

In Past 1 year various Commodities & Chemicals have spiked & fired up quite a few stocks 🔥

Let’s look at how the stocks have performed vs the commodity / chemical price move from May 2020 - May 2021 🚀

Listing down a few points on each in the below thread 👇

Steel +80%

JSPL +303%
Tata Steel +300%
JSW Steel +334%
SAIL +340%

✔️Strong Chinese demand & focus on reduction in carbon emissions.
✔️Domestic Steel prices still at a 15% discount vs imported
✔️Top 5 Cos increased market share
✔️Cos continue to deleverage their balance sheets

Gold 12%

Muthoot Finance & Manappuram Finance +50%

✔️Increased loan book growth as they lend more & get operating leverage
✔️Reduced auctions of pledged Gold = less NPAs
✔️RBI relaxed LTV for gold financiers to 90% from 75% = level playing field for Banks & NBFCs

Silver & Zinc +50%
Lead +35%

Hindustan Zinc +120% [only silver play in 🇮🇳]

✔️Silver contribution EBITDA likely to hold above 25% vs historic 15% to 20%
✔️Silver gets a higher multiple (10x EV/EBITDA) vs Zinc-Lead (7x EV/EBITDA)
✔️Healthy cash balance & solid dividend paying

Copper +80%

Hindustan Copper +700%

✔️Only direct beneficiary of rising Copper prices
✔️Hindalco & Vedanta exposure is limited to ‘TcRc margins’
👉TcRc: Treatment Charge and Refining Charge

👉Need to note that: GOI + LIC + Institutions hold 90% in co so float is limited

Nishant Kumar
@nishkumar1977

Anybody claiming that the metal rally is over is fooling himself.

Price just needs a retest of the breakout zone
RSI way too heated so needs a cool off
Some pullback/consolidation is

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Here is a special thread introducing our series on “The Making of the Islamic World.” It offers 10 episodes about the transformation of Islamicate societies between the 7th and 17th centuries. You can find the series page here: https://t.co/7mL9eWmMmz

This is Chris Gratien posting. I created this series during Fall 2020 for my students as asynchronous material supported by readings and discussion. This is going to be a long thread, but it will be a great shortcut for those looking to make similar use of these materials.

There are two items worth pointing out: 1. This is an overview of the political, social, and cultural history of Islamicate societies. It does not deal with the origins of Islam or many theological questions. It does discuss Islam’s spread and the transformation of Islamic law.

2. This is the first part of a two-part sequence that takes the history of the Islamic world into the present. It emphasizes developments and themes that have particular relevance for later periods.

This is really a multivocal narrative of Islamic history. We feature over 20 scholars from almost as many institutions. Many of those who worked on it, myself included, study the early modern and modern era but have teaching obligations that take us further back in history.

Learning @ Prakash
@Prakashplutus

My simple Approach towards Breakout trading :

1. Scan stocks on the basis of FTDB Scanner.

2. Buy stocks with EMA-9> EMA-21> EMA-63 > EMA 200 & Volume 200% up

3. maximum SL of 1.25X ( ATR )

4. I do breakout trading only in Nifty -500 stocks

#StockMarket
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Invest Like the Best
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In 1937, a trucker got frustrated waiting for his cargo to be unloaded. He later sold his company for $1.1 billion.

Here’s the story of how Malcom McLean made a billion dollars and which startup could be following in his footsteps. (Inspired by our episode with @laurabehrenswu)

In the early 1950s, the shipping industry was a dying business.

New York’s docks were handling half as much domestic cargo in the early 1950s as they had been in the depressed 1930s.

In thirty years, no one had invested significant money in coastal shipping.

Why?

As McLean found out, loading ships was difficult and slow.

A truck or train would deliver items to the port. Each item was unloaded separately, recorded, and carried to storage.

When a ship was ready, each item was taken from storage, counted again, and hauled on-board.

The cost of this labor was significant. As one expert at the time explained:

“A four-thousand-mile voyage for a shipment might consume 50 percent of its costs in covering just the two ten-mile movements through two ports.”

Yet, despite the industry’s issues, it felt little pressure to change.

Foreigners were barred from operating domestically. Cartels ran international routes. And gov. subsidies eased the pain of labor costs.

Reshaping the industry needed an outsider.

Enter Malcolm McLean.

$KENYAN\U0001f1f0\U0001f1ea HISTORY\U0001f1f0\U0001f1ea$

KENYAN🇰🇪 HISTORY🇰🇪...
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Have you ever wondered why the sons and daughters of the colonial chiefs and guards who were collaborators live a good life while those of the MAU MAU fighters live in abject poverty?

***THREAD***

It should be known that the colonialists reached a point that they knew they had 2 leave Kenya since they couldn't handle the Mau Mau war & the world was moving toward accepting independent Africa.However,the colonialists devised an evil scheme that still eats Kenya upto this day

Under this scheme, the colonial state came up with a plan that saw the first crop of chiefly “big men” being empowered financially to take their children to schools and eventually have those children go to England for further studies...

...and eventually providing a ready-made socio-economic & political class whom state power could be entrusted in the post-colonial era.This explains why their children & grandchildren still hold majority of important positions in govt or in the private sector supported by state.

This also explains why children and grandchildren of these homeguards are always given preferential treatment when it comes to government appointments. Wewe na masomo yako you are always asking why you can never get a job in government...yet you're qualified..now you know.

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ArmaniTalks 🎙🔥...
@ArmaniTalks

A relationship begins to get stiff when excessive patterns begin to form.

Too many patterns leads to a boring, predictable, logical lifestyle.

Get the emotions involved.

Do something spontaneous out of the blue moon & flip the script.

'What's wrong with the patterns?'

Nothing is wrong with patterns.

However, there is a problem when all you have are patterns.

It's boring.

'Can you explain why?'

Sure 👇

The thing with relationships is that it's meant to be an emotional experience.

It's very difficult to logically explain love, right?

'Right.'

Well this is where you want to steer the ship the right way.

1. Too emotional is bad.

2. Too logical is bad.

Let me break it down.

1. Too emotional

If a relationship is completely ruled by emotions, then it's too volatile.

You will never reach productivity if you are aimlessly only following each others emotions.

This lifestyle tarnishes any structure for the couple.

'So why do people do it?'

Because it's fun.

You may ruled by this stage in the honeymoon phase.

Normal.

You'll be so spontaneous that it almost becomes a lifestyle.

But it's hard to level up your life when you're too spontaneous.

Avoid.