Bullish..Beautifully making HH HL on Weekly TF.
9.50 seems to be an important support
on weekly basis.
Entry can be taken with a Stoploss of 7.50
on Closing basis.
Favoring BullsBullish Points:
Bullish Divergence on Weekly TF.
Inverted H&S Pattern.
Slightly Bullish on Daily TF.
No Bearish Divergence.
Making HH HL on Weekly TF
Bullish on all Time Frames
However, Slight Bearish Divergence on
Weekly TF is also observed
$1213 - Naseej International Trading // CUP & HANDLE $1213 - Naseej International Trading
Seems to have a good Cup & Handle Formation
Good Luck !
Long
Bullish on All Time Frames.
Bullish on All Time Frames.
Beautiful HH HLs on Daily TF.
Morning Star Formation on Daily TF is a
positive sign.
However, a small resistance is around 34.60
Immediate Support is around 33.60
Channel Top is around 36.20 - 36.50
Stance: can be bought on dips with a Stoploss
of 31.93 (closing basis); targeting 36.50-37.50
4017-BullishThe company recently posted Good result, Already price in Good buying range after small breakout from the range.
Buy Range :- 59-61
With SL -55 DCB
1St Tgt :- 65.9
2nd Tgt-:66.7
3rd Tgt After Breakout:-79.2
Disclaimer:
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Long
Double BottomDouble Bottom around 168 -168.50; a bounce
is expected.
Tomorrow's Closing is Important.
Sustaining 168 , may lead it towards 190 - 193.
On the flip side, if 168 is broken, we may
witness further downside; but it should touch
180 - 181 once before going down.
However, for a Trend Reversal, it is important
to cross 201 - 202.
SAUDI ARAMCO : sell or take your profits but do not buy nowWe will see an important correction on Saudi Aramco TADAWUL:2222 very soon .
Sell or consider taking some of your profits or most of them to buy at cheaper price .
We will very likely drop to around 22 on this stock very soon .
Short
Still Bullish....?Bullish on Bigger TF.
However, there is a Bearish Divergence
on Weekly TF.
43 is an important Support level; if it is sustained,
we may witness 45 - 46.
Stoploss in this case should be around 40.
4072an upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidence
Long
4007an upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidence
Long
4071above 214 heading to 240 above 214 heading to 240 above 214 heading to 240 above 214 heading to 240 above 214 heading to 240 above 214 heading to 240 above 214 heading to 240
Long
8313-Rasan-Long BullishBuy-67-74.8
SL:- 65 DCB
1st Tgt-93
2Nd Tgt:99
Company posted Good result with Operating profit increase of 98%
Disclaimer:
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Education
7202-Slightly BullishThe company recently posted Good result,Already price in Good buying range.
Buy Range :- 245-266
With SL -219 DCB
1St Tgt :- 293
2nd Tgt-:333
3rd Tgt:-378
Disclaimer:
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Near Good Support As mentioned on 13-10-2024, Crossing 102.50 lead
it towards 112.
Now, 104 - 105 may act as a Good Support.
and Crossing 113, will lead it towards 125 - 127.
Monthly Closing is Important!
43.80 - 44.40 may act as a Good Support.
But if this is broken, next support would be
around 42.10 - 42.70.
However, Monthly Closing above 44.40 may trigger positivity.
And it will confirm its Bullish Momentum, once
it will cross 46.80
4240The AB=CD pattern is a popular harmonic pattern in technical analysis, used to identify potential reversals in the market. The bearish AB=CD pattern indicates a potential price reversal from an upward trend to a downward trend. Here's how it works and what to look for:
Components of the Bearish AB=CD Pattern
AB Leg: The initial upward move (AB).
BC Leg: A correction or retracement from the AB move (BC).
CD Leg: A continuation of the trend in the same direction as AB, ideally mirroring the length and duration of the AB leg (CD)
Long
#5110_Saudi Electric_BuyThe script is currently trading within a crucial support zone and showing signs of bullish divergence on the weekly time frame. Based on these movements, we've pinpointed a key level for potential entry for this script.
Buy @ current Market price 16.18
Long
monthly closing above 113.20 would be a positive sign.a Very Important Support is
around 113 - 113.50
Channel top is around 124 - 125
But before that 119 - 120 is also a
Resistance point.
Trade can be taken with a
Stoploss of 112.50
Risky players may trade with a Stoploss
of Today's Low (around 116.50)
However, monthly closing above 113.20
would be a positive sign.
**Al Nahdi Pharmacy Stock Review (Ticker: 4164): Promising 27% **Al Nahdi Pharmacy Stock Review (Ticker: 4164): Promising 27% Upside! 🌟**
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**Key Drivers to Watch:**
- 🏥 **Healthcare Demand**: Rising healthcare needs are driving sales, with Al Nahdi at the forefront.
- 💰 **Growth Momentum**: Recent performance indicators suggest a solid upward trend.
- 📊 **Attractive Profit Potential**: A forecasted 27% gain presents a compelling opportunity for investors.
This stock could be a great addition to a growth-focused portfolio. However, ensure to stay updated on market conditions and set appropriate stop-loss levels for optimal risk management.
Long
Morning Star Formation on Weekly basis.Morning Star Formation on Weekly basis.
Bullish Divergence on Daily TF.
If 56.50 is Sustained on
Monthly Basis, we may witness 59 - 60.
On the flip side, 51 is an Important level that should not be
broken otherwise, Bearish Flag Pattern may
play targeting around 44 - 45.
Bullish Divergence on Daily TF.Downtrend followed by Inverted Hammer.
Bullish Divergence on Daily TF.
However, few Bullish Hourly Candles may
confirm the Buyers' Interest at this level.
46.50 is Important to Cross & Sustain for the
Trend Reversal.
