Also pl refer to my note dated jan 2017…Contrarian investing using technical analysis
wherein I pointed out the signs of cyclical turnaround in steel sector …more particularly SAIL @ 49…it now appears that there is indeed a turnaround in steel cycle.
Even Pipemakers too have done well…man industries @45…Jindal saw @55…both have risen by more than 100%Contrarian investing using technical analysis
Cyclical investing at the bottom of downcycle is mostly a game of technical analysis…or maybe you need to be as perceptive as Jiten parmar: