Market Mogul

Suzlon Energy, a prominent player in the renewable energy sector, has showcased notable resilience in the face of recent financial penalties. Despite a substantial penalty of 19 crores, the company’s stock remained relatively stable, closing at 54.55. This stability, amidst challenging circumstances, is unusual and raises questions about underlying market signals. Anticipation Ahead of Quarterly Results and Budget The market is abuzz with speculation that Suzlon’s upcoming quarterly results, due on Monday, along with the national budget announcement on Tuesday, might be contributing to this stability. Investors and analysts are keenly observing these developments, which are expected to have a significant impact on the company’s financial trajectory. Financial Turnaround and Positive Indicators Reflecting on Suzlon’s performance over the past year, the company has made a remarkable transition from losses to profits, particularly noted in the June/July period. Despite historical challen...

Trading in the stock market can be an exciting and profitable endeavour, but it often feels overwhelming for beginners. One of the most straightforward yet effective trading strategies is price action trading. This method relies on the price movements of a stock rather than complex indicators, making it accessible and intuitive. In this blog post, we will explore price action trading in detail, focusing on how beginners, especially in the Indian market, can leverage this strategy for successful trading. Definition of Price Action Trading Price action trading is a trading technique that involves making decisions based on the price movements of a stock. It eschews the use of technical indicators, focusing instead on the patterns and trends in the stock’s price history. Key Principles of Price Action Trading * Price is King: The primary focus is on the price itself. * Simplicity: Avoiding the clutter of numerous indicators. * Context is Crucial: Understanding the market env...