Posts by author
Hamed Norouzi
Is a New Era of an Economic boom in action in Iran?
TEDPIX – Tehran Stock Exchange’s most accurate index tracking overall prices and dividends, rose to the highest level since August 2016, on Wednesday, October 26, 2016. The index hit the…
Is another rally in oil prices still latent?
West Texas Crude Oil rebounded from near $26 per barrel in early 2016 and has doubled up in almost 8 months. Initial signs of improvement in economic conditions of main…
Has the correction ended in the market?
Final days of the earnings season in Tehran’s Stock Market are passing while most of the investors are trying to find out what will come out from companies general assemblies…
Where the US Dollar is heading?
At the June meeting of the FOMC, FED President Yellen cited the target range for the benchmark rate would be kept unchanged at 0.25% to 0.5%. This decision met markets…
Shiraz Oil Refining Company (S.O.R.C), from the technical point of view
In this post, we are going to take a technical look on Shiraz Oil Refining Company in more depth. Exhibition below depicts S.O.R.C life-time chart from the time listed on…
An investment opportunity in Iran’s Steel Sector
Mobarakeh Steel Company is the biggest steel producer in Middle East and Northern Africa and the biggest DRI producer in the world. Guided by a mission to play the leading role…
What to expect from the TEDPIX’s next move?
As it was mentioned in our previous technical report dated on March 7th this year, the TEDPIX -Tehran’s Stock Market Total Index- ended its two years of consecutive and frustrating…
Petrochemical Industry from the Technical Point of View
Iran is very well known for its petrochemical industry among countries around the world and in Mena region as well. Producing millions of barrels of petroleum and other relevant liquids…
Will the Market Leader Resume its Bullish Trend?
An impressive gain of over 200% in less than 3 months caused Iran Khodro Company (Symbol : IKCO1) one of the several local auto makers in Iran- to become the…
TEDPIXE’s Next Probable Move Direction
Ultimately TEDPIX broke above its two consecutive years of decline very sharply and gained more than 20 percent in less than two months. It’s been an outstanding performance since 2012…