EURUSD is setting its self up in the same way US30 is, they’ve both seen consolidation after a sell off. Technical : EURUSD is having its 3 EMA cross over its 10 EMA to the upside while at the same time the Stochastic is crossing the 50-80% mark to the upside as well. Price action has also tested the Top trendline, possibly setting up for a break out. Waiting...
HPL Electric & Power Ltd ABOUT HPL Electric & Power Limited is a leading electrical equipment manufacturer in India operating for the past 40 years. The Company has significant presence across five key product verticals of electric equipment – metering solutions, modular switches, switchgears, LED lighting and wires and cables. It caters to a wide spectrum of...
Raymond Realty The company started phase 1 of the real estate business in Feb 2019.It has planned development of 20 acres of residential development − Phase 1: ~14 acres of development Total 10 towers with ~2.7 mn sq. ft of saleable area Total units planned for sale: 2,976. Cumulative bookings of 1,173 units till Dec-20 The company received ~Rs.1610 crs as...
Positive factors Improving scale of operation leading to increase in total operating income (to greater than ₹2,000 crore) and profitability (profit before interest, lease rentals, depreciation and tax (PBILDT) margin greater than 18%) on a sustained basis Improving capital structure (overall gearing less than 0.5x) and debt protection metrics (PBILDT interest...
Hello Traders and Investors, today I will take a look at Tesla. -------- Explanation of my video analysis: Back in 2020 we had a decent break and retest on Tesla stock which was followed by a pump of +1.500% towards the upside. Then Tesla topped out in 2021 and we saw sideways movement ever since. At the moment Tesla stock is trading in a bullish flag...
Price took a correction and is taking support from golden pocket Breakout of Descending parallel channel is observed Retest of breakout is expected after pullback from resistance line Take entry for TP until trendline resistance Another entry after breakout of trendline resistance
BEL has seen a good breakout of 52 week high on daily TF after almost a consolidation of 30 days weeks with good volume on daily TF. The company has increased institutional investing, govt interest and a healthy QoQ growth for the last 3 quarters to add to strength. Good for swing traders to hold for 15 days. Entry - INR 220 (Trade Initiated) SL - (Day Low)...
Company has been maintaining a healthy dividend payout of 49.5% The company is actively engaged in the construction of 15 Solar and Hydro Power Projects of 10449 MW Capacity (including JV & Subsidiaries). Total projects under clearance stood at 4112 MW and projects under survey stood at 4110 MW as on Dec’23. MOUs Company has signed a MoU on 3 Jan 2024 with...
Hello Traders and Investors, today I will take a look at Alphabet. -------- Explanation of my video analysis: About 8 years ago Alphabet stock created the first retest and rejection of the long term ascending bullish trendline. Then we had a lot of retests of this trendline, the last one being in the beginning of 2023 and this retest was followed by another...
Hello Traders and Investors, today I will take a look at PayPal. -------- Explanation of my video analysis: With the Covid-Crash in 2020 we saw a beautiful bullish break and retest on PayPal in confluence with a retest of an ascending trendline. This retest was followed by a rally of +200% towards the upside. From there, PayPal stock declined more than 80%...
After failing to breakout the Top Trendline price has started to make its way down towards the Bottom Trendline which has been forming itself this past week, if we get the break were expected ill take shorts targeting a 1% move down for the first Target with the rest targeting the most recent prominent low at 81.118
A descending wedge in an uptrend has led to textbook breakout with Uranium X ETF ($URA) Could be a retest though at 20.50 Weekly chart has been used
The stock has given a multiyear Breakout in Monthly and continuing its momentum strong. It has decisively broken resistance ranges of multiple years 2010,2014,2015,2017,2022,2023. One may consider to enter on current market price and accumulate on dips for a target of minimum 410.
TRENT has been seen on a pennant chart pattern and is on the verge of a good breakout on daily TF after almost a consolidation of almost 2 months. The company has increased institutional investing, a good 50% and above increase in sales QoQ growth for the last 3 quarters and EPS growth of 40% to 100% in the last quarter. Good for swing traders. Can hold for...
Aegis Logistics , with its robust market presence and expertise in logistics and supply chain solutions, presents an attractive opportunity for swing traders. Reasons are listed below : Cup and Handle Pattern : Aegis Logistics is exhibiting a classic cup and handle pattern, suggesting a potential bullish continuation. Breakout and Retest : After multiple...
OPUSDT was trading under the declining trendline. The price was reacting well the support and resistance of trendline Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could...
Bank of India - Finally this guy is looking strong with multiple bullish structures 1. Rounding Bottom BO already done above 118 but price went into consolidation mode ever since 2. After BO, price started following Parallel channel and travelled from One shore to Other Shore - Flat for 4 months since Jan 2024 3. Now, the boat has touched the other side of river...
The above company looks a good chart to keep on watchlist the fundamental changes are something to watch closely . NOW talking about levels, 1400 strong positional basis support area where a retest if takes place would be a fresh add on current entry positions a break out taking place after 2015 ie approx 9 years is something to be truly particpate into !...