S&P BSE Power Index - Potential breakout
A couple days back i shared the charts for Tata Power & Adani power which broke out. Also i mentioned RJ casually talking about the power reform bill being on the ministers desk for signature. This sector has been crying out for reforms in over a decade or longer.
The power index after 10 long years could be breaking out and potentially trying to soon form a higher high on a technical level.
Watch for stocks in this space.
Many of the stocks in this index are showing a lot of strength in the last couple days and if this index does breakout, expect a massive move because many stocks trade even below their book value and a lot below their replacement costs.
The power index after 10 long years could be breaking out and potentially trying to soon form a higher high on a technical level.
Watch for stocks in this space.
Many of the stocks in this index are showing a lot of strength in the last couple days and if this index does breakout, expect a massive move because many stocks trade even below their book value and a lot below their replacement costs.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.