- Naranj Research Desk
The consumer durables index has recently broken through its support level and is on a downward trend. Additionally, the emergence of a Rounding Bottom pattern suggests a prevailing bearish sentiment in the market.
When it comes to the energy sector, it's definitely not looking good for Saudi Arabia's economy. The energy index is on a downward trend, breaking through the Rounding Top neckline and showing potential for further decline.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
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