Similarly, price of a stock some years back may not be comparable with today's price in absolute terms.
A small thread on the importance of using log charts:
Similarly, price of a stock some years back may not be comparable with today's price in absolute terms.
For a 100% jump in 2002, stock would have to reach 20 (which is just Rs 10 in absolute terms)
While today, Rs 10 in absolute terms is a meagre 2-3% move
More from Prashant Bhansali
#EW
Here's my view based on EW purely for long term
We could witness a big big 3rd wave in coming months
#investmentidea https://t.co/5laFyd8A7X
(30) #GreavesCotton monthly chart
— Prashant Bhansali (@prashant280294) June 25, 2021
Big monthly breakout underway
Is it time to move to next orbit higher ? Looks like! #PB365 pic.twitter.com/CB0OtIow7G
Not looking good.
#RELIANCE update
— Prashant Bhansali (@prashant280294) April 28, 2022
Was expecting 5th wave rally towards 2800-3000 as mentioned in previous post
Move played out, but now not worth chasing anymore
Not saying the move is over, it can still go up bit more, but riskreward not good for positional longs now on, I would stay away. https://t.co/eoLshLoLBD pic.twitter.com/G0qZAEBRIX
1. Type the code of these two scripts exactly as shown in TV without any space and use NSE before it
NSE:MARUTI/NSE:CNXAUTO
2. Press enter
(10) Ratio chart (daily) of Auto Index/Nifty
— Prashant Bhansali (@prashant280294) June 5, 2021
Taking multiple support at crucial level
Autos could start outperformance over nifty as long the support holds , and more fiercely once resistance breached #PB365 pic.twitter.com/ZRSmtGH1ic
@Digital_Baba
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(I am forced to do this due to continuous hounding of Sikh Extremists since yesterday)
Rani Jindan Kaur, wife of Maharaja Ranjit Singh had illegitimate relations with Lal Singh (PM of Ranjit Singh). Along with Lal Singh, she attacked Jammu, burnt - https://t.co/EfjAq59AyI
Tomorrow again same thing happens bcoz fudus like you are creating a narrative oh Khalistan. when farmers are asking MSP. (RSS ki tatti khane wale Kerni sena ke kutte).
— Ancient Economist (@_stock_tips) December 5, 2020
U kill sikhs in 1984 just politics. To BC low IQ fudu Saale entire history was politics.
Hindu villages of Jasrota, caused rebellion in Jammu, attacked Kishtwar.
Ancestors of Raja Ranjit Singh, The Sansi Tribe used to give daughters as concubines to Jahangir.
The Ludhiana Political Agency (Later NW Fronties Prov) was formed by less than 4000 British soldiers who advanced from Delhi and reached Ludhiana, receiving submissions of all sikh chiefs along the way. The submission of the troops of Raja of Lahore (Ranjit Singh) at Ambala.
Dabistan a contemporary book on Sikh History tells us that Guru Hargobind broke Naina devi Idol Same source describes Guru Hargobind serving a eunuch
YarKhan. (ref was proudly shared by a sikh on twitter)
Gobind Singh followed Bahadur Shah to Deccan to fight for him.
In Zafarnama, Guru Gobind Singh states that the reason he was in conflict with the Hill Rajas was that while they were worshiping idols, while he was an idol-breaker.
And idiot Hindus place him along Maharana, Prithviraj and Shivaji as saviours of Dharma.