Indigo airlines It has crossed the last resistance and moving to the new once get volume in that zone to push the price.
LongEconomic Cycles
Long
Ganga Forge BullishRsi at 30,
Price at 50d moving average,
Fib retracement at 11.9,
Targets acc. to fib are 17.4 & 22.9.
TECHNICALS INDICATE BUY.
Long
USDJPY UPDATEUSD/JPY technical analysis
The above-estimated CPI print saw USD/JPY fall ~20 pips, which is by no means a particularly big move. But it has helped the pair retrace further from its highs as we head closer towards the key US PCE inflation report later this week. Technically, I am now seeking evidence of a swing low for a potential swing trade long on the 1-hour chart.
Prices remain trend support, and today’s low stalled just above a volume node from a prior congestion zone. Low-volatility re
Hope double bottom createdI think after long time underperformed, it's try to bottoming out process
Personally I m not trade this commodity
Long
XAUUSD Short [Intraday]
XAUUSD Potential Sell with an expected RR of 2.5
Confluences are on the chart, hold till comfortable.
Short
After long downfall now successful upward trained startThis is the perfect example of a long downfall now upward trained start and successfully higher bottom keep making Until higher bottom Keep phone ride on the On the stock really other technicals also Positive shouting towards this trade change momentum built RSI strong quarterly revenue also support
Long
Time to Sell_ RelianceNamaste!
Any stock can not sustain it's bullish behaviour, without a correction.
Reliance has to correct, before going up again. It is the proved nature of markets.
Why selling any stock is a good idea.
1. To buy it back at a lower prices,
2. To full-fill urgent needs of money,
3. To let the weak hands enjoy the euphoria and not to stay in the markets when there is an extreme optimism.
So, I am suggesting a logical price to book profits in Reliance. The price would be Rs 3100. Why?
Look,
Short
Q&A_ Is Nifty heading for a bear market?Namaste!
I have been tracking DJI (Dow Jones Industrial Average) for quite a while. The bear market is defined as 20% correction in benchmark indices from the all time highs.
SPX (S&P 500) has fell into bear market twice (2nd after retracement), it closed below 20% line on daily as well as weekly candles . But it did recovered from those levels until recently, it closed again, it is in a bear market now .
However, Dow Jones hasn't closed below 20% levels at the above mentioned period. This t
Q&A_ Is Dow Jones and global markets ready for a freefall?Namaste!
US Markets substantially affect global market and their indices. There are two main indices which I track most often. DJI (Dow Jones) and SPX (S&P 500).
I expect it to be in a downfall in the coming weeks/months.
I follow a rule of thumb for a reversal (respecting support or resistance) is that it must close below low of the resistance testing candle within the next 3 candles.
My understanding says, "there is a >60% probability of prices moving in the candles closing direction if
Short
Q&A_ What is a book value?Namaste!
In this article, I am sharing my understanding of the following subjects. Please correct me if I am wrong in any of the mentioned things.
1. Book value is a value of total assets over total liabilities. Means, Total Assets - Total Liabilities.
2. Meaning, the amount available to the shareholders (per share) whenever the company goes into liquidation.
3. Book value highly depends on the nature of business. For banking companies, it is higher because they treat their given loans
Chennai Petro - Multi Year BreakoutCant Miss this Breakout !!!
Look Closely Counter is breaking multiyear High of Nov 2007 and Oct2017. Forming a Double Bottom as well in this Process.
The Oil & Gas Index has also given a monthly Demand Zone Pull and the Index itself is moving +500 Points. This is supporting my logic
Should go a Long way if the breakout above 445 sustains.
Take entry at CMP 441-445
T1 - 478 shorterm
T2 - 557 midterm
T3 - 700 Long Term
SL - 424
Fundamentals for Value Investors
Strong Annual EPS Growth
Hi
Long
short idea in usd/cadit is in a down trend
its recent price behaviour suggest
after a one big move upward it starts consolidating and make range which eventually gives breakdown towards downside
Short
Q&A_ Is Adani group in a bubble?Namaste!
Adani group is in a bubble, if I consider the following points.
1. Rs 400 to Rs 4000 in a matter of 2 years. This isn't a behaviour of a large-cap stock.
2. The Adani group companies have borrowed hugely. Just look at the debt to equity ratio of Adani companies:-
Adani Enterprises: 1.31
Adani Ports: 1.04
Adani Transmissions: 3.16
Adani Total Gas: 0.45
Adani Power: 1.87
Adani Green: 7.70
Adani Wilmar: 0.40
Average debt to equity is 2.275.
Debt to equity above 1 is bad.
3. The over
CNX PSE Wave 3 Seems overNSE:CNXPSE seems to have completed Wave 3.
Shall consolidate in wave 4 correction.
PSE stocks are overcrowded bus.
Time to offload late passengers.
buying idea in eur/usdoveroll trend is up
its recent history suggest buying on forming inverted head and shoulder type of patttern
as per shown in chart
so here is the plan
Long
SHORT GOLD!!!!Gold is going to fall
Entry , Exit and Stoploss are mentioned in the photo ....
Yesterday took a good rejection due to data....
Short
short xau/usdcurrent trend of xau/usd is very strong on down side
and recent history of it suggest that breakdown given by it works well
so here is the plan
Short
Focus on it🚀🚀🚀🚀🚀🚀After long time of underperforming now this stock is ready for 200 + in coming weeks
Buy on every dips sip is more important things
Invest only blue chips
Long
buying setup for nzd/usdits measure trend is up
it gives breakout and it has specific behavioural pattern after breakout
which suggest as follows:
it will retrace back to level of 50% and then it may continues its measure trend
so here is the plan
Long
STILL SOME MOVE REMAINING❓Here is a brief description of what happening and what can happen
Nifty Banknifty
Gold Silver
Crude
Yesterday gold silver view went dot-to-dot
Now we can a good selling pressure in bullions
Will update if there is a chance of entry with a proper sl
WALCHAND NAGAR IND | Multi Year Triangle Breakout.NSE:WALCHANNAG
Walchandnagar Industries Ltd. engages in the manufacture of engineering products. It operates through the following segments: Heavy Engineering, Foundry and Machine Shop, and Others. The Heavy Engineering segment engages in the engineering, fabrication, and manufacturing of machinery for sugar plants, cement plants, boilers and power plants, industrial and marine gears, mineral processing and EPC, petrochemicals, and space, defense, and nuclear power businesses.
Walchand Nag
Long
Classic petern gold🏆🏆🏆Look at this charts, you can see ☕ petern in weekly charts
In next 3 to 6 months time frame gold maybe hit 75000₹ as per charts
It's very power full petern with accuracy of 75% to 80%👌👌👌
This charts is only for learning purpose
Long
Top down Annalise on BrentcrudeBlack horizontal Trandline# monthly
Red Trandline# weekly
Blue Trandline#daily
Lower range 70 & higher range is 98 now trading @ 80+ it's nearly lower range
If brent trade in 70/80 range for at least 6 month it's very good for indian stock market
Long
Break out doneLast week We can seen very good break out in this counter now one can buy on dips my stoploss is 68my long term target is 160
Long