Starting to see some bearish confluences on GU ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the...
CAD/JPY The outlook of the CADJPY is very bearish, based on the Multi-timeframe waves structure count we should be expecting more downside in the pair. The bearish wave structure (4) on the H4 timeframe is not complete yet, we have seen a bearish 0, 1, 2, and 3 wave structures on the M15 timeframe. Having seen the 3 waves, we now have a more than 70% probability...
On the weekly timeframe we have a sideways market. The current buyer vector is 5-6.
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...
1 Week after the beggining of conflict between Israel and Iran in the middle east, Crude Oil is down 3.66%. Price began trending down all week and then on Thursday there was news of a bombing by Israel which caused a spike in Oil(3.5). This whole move was corrected and we are back to being down on the week. This opposes what I believed may play out this week as my...
Pan-India Presence The company has ~12000 employees in telesales, marketing, feet-on-street activities deployed across 250+ cities covering 11,000+ pincodes in India. It derives 70% of its revenues from top 11 cities including Mumbai, Ahmedabad, Hyderabad, Kolkata, Bengaluru, Chennai, Delhi, etc. Its technology and R&D division is located in Bengaluru ...
"Record annual silver & metal production with strong cost resilience amidst lower zinc prices; PAT at INR 7,759 Crore." Key Highlights : Hindustan Zinc is now the 3'd largest silver producer globally, with highest silver annual production, up 5% y-o-y Holds 2nd largest zinc reserves and resources globally Industry leading production growth rate with best-ever...
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.
Shakti Pumps - Comparison of Quarterly Chart vs Weekly Today price was locked in 5% UC Quarterly View: Long Term On Quarterly, the price is following a 12 Year Parallel Channel Cup and Handle BO done on Monthly for Target of 2105 Weekly View: Short Term On Weekly - Price is seeing to be travelling in a smaller Parallel Channel Inside the parallel...
Indian Oil Corporation - Comparison of Monthly Vs Weekly Chart Monthly: Long Term View Price Travelling within a Parallel Channel for nearly 3 Decades Multi-Year Rounding Bottom BO Done above 154 for Target of 260 Weekly: Short Term View Another Small Rounding Bottom BO which was triggered at 114 for Target of 180 As you can see on the Weekly...
Bajaj Hindustan Sugars is in Super Bullish Mode off late. Let's compare the Weekly Vs Quarterly pattern below On Weekly: 1. Price is about to BO of Rounding Bottom Pattern above 40.5 for Target of 54 2. Fibonacci 0.618 retracement for Targets of 42, 50 On Monthly: 1. Inv Head and Shoulder BO confirmed on Monthly for Target of 54 (which is matching the Rounding...
Vedanta has always been in the News for multiple factors - both Positive and Negative Though Metal Stocks are Cyclical, it has come back into Focus at right time. While Nifty Metal index has broken out and all Metal stocks are in limelight now, here are some critical factors that make Vedanta one of the Best among Metal Picks Multi-Year Box Breakout: 16 Year...
Weekly time frame: 1. Swing is bearish, INT is bearish. 2. Price reached above the EQ and shifted bearish, As sign that the swing pullback is over. 3. After iBOS price pulled back to the extreme and did bearish CHoCH as a sign that the pullback phase is over. 4. Price has reacted to the old demand zone, and reached the supply that caused the break. We expect...
Elgi Equipment - This Railway Themed Compressor stock in long term is travelling within a Parallel Channel for 24 years since 2000. *Quarterly Timeframe:* Multiple attempts since past 2+ years to break the top of the Parallel Channel. Currently in April 2024, the BO has been confirmed for Targets of 800, 885 *Weekly Timeframe:* On weekly, we see a clean and...
4H time frame: 1. 4H swing is bearish, INT is bearish. 2. After swing BOS we can expect swing pullback. 3. Reaction from 4H POI near the EQ of the INT range. It could be the end of the pullback phase. For more info keep following LTF. 15M time frame: 1. The 15M swing is bullish now. After swing BOS we expect a swing pullback phase. 2. The swing range is not...
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 !...
There is no Election without Liquor & Briyani, and neither without Advertisements about each political Party Liquor, Media, Paper stocks were expected to Rally from couple of months back, but none of them picked up the Rally until now where many portions of India has already completed Election Anyways, our earlier Pick of Paper Stock - Pudumjee Paper is all...
Hello traders.. For EurUsd we observed a very nice swing to the upside over the previous day of trading as decent Eur data beat Usd data for services and manufacturing PMI. We saw initial upside with the Eur data shortly after London open and this was followed by a pullback. Only until more data was released during NY session , we were to see another bounce to the...