Suprajit Engineering , renowned for its excellence in automotive cable manufacturing, stands as a stalwart in the industry, poised for potential growth and value appreciation. Let's delve into the technical factors guiding this promising swing trading opportunity. Reasons are listed below : A notable breakout has occurred, as the stock successfully breaches...
The current market conditions suggest a favorable buying opportunity in MOTHERSON SUMI , presenting astute investors with the possibility of capitalizing on potential gains. Reasons are listed below : Following rigorous testing at the 98 levels, the resistance has shown signs of weakening, heightening the likelihood of an imminent breakthrough. Stock is in...
Last week was marked with indecision. Market was moving in a narrow range while Buyers were waiting for FOMC ad NVDIA’s earnings. After receiving positive confirmation (FOMC neutral, earnings good) market tried to go higher but found no support from large players. Sellers took advantage of the weakness and dropped price, clearing many weak longs established in the...
🔍Bitcoin is currently in a resting phase, waiting for a decisive move. Let's conduct a comprehensive analysis of Bitcoin in the 4-hour timeframe. 🔄Previous Analysis Recap In the previous analysis, entering a long position was suggested upon breaking 66,828, which would have yielded a good profit up to the 72,000 level. The short trigger from the previous analysis...
Judging by the Daily-timeframe build-up, we might imply that the price has nicely tapped into the liquidity region laying above the right shoulder of the recently formulated Head&Shoulders pattern, and now we are observing bearish moves in the destination of two zones - the pattern neckline and the 0.888 key level. Upon reaching the pattern neckline (0.9 region),...
NZDJPY formed a nice cup & handle formation on a strong horizontal support on an hourly time frame. I made a decision to buy the pair after a breakout of the neckline of the pattern. I expect a growth now at least to 96.2 ❤️Please, support my work with like, thank you!❤️
Hi guys If the $0.00000706 resistance zone is completely consumed; We expect a reaction from the yellow range. If the $0.00000255 support area is fully consumed; The possibility of a downward trend is strengthened in the medium term. What do you think!?
Dollar Index nicely respected a key daily horizontal resistance. I see a double top formation on an hourly time frame and a confirmed violation of its neckline. I think that the market may drop at least to 104.43 before the news. ❤️Please, support my work with like, thank you!❤️
USDCHF is currently testing a key daily horizontal support. To buy this structure with a confirmation, pay attention to an expanding wedge pattern on a 4H time frame. Your confirmation to buy the pair will be a bullish breakout of the resistance line of the wedge. A bullish continuation will be expected at least to 0.9155 then. If the price drops below the...
Usd strength! After those talks of Eur rate cuts next week by Euro central bankers. Lower rates means less monies flow into the Eurozone for the Carry trade. USD is taking advantage of this and strengthening. Look at that shooting star candle on the Daily timeframe. What a pre-cursor to a massive selloff on the Eur today. The price action was giving us hints as to...
Details are explained in the chart. 1) Stock is in strong uptrend 2) Stock has given a daily breakout of 2 years of consolidation 3) Stock broke out of out of cup and handle pattern 4) Narrow Range Pivots in yearly & Monthly.
Good Evening and I hope you are well. bitcoin comment: Let’s make this simple. Bullish above big red line around 70600 and uber bearish below 65000 and . Neutral in between. Not rocket science. But how good was my two legged correction from two days ago? Hope you made some. current market cycle: Trading Range key levels: 56000 - 74000 bull case: ...
🔍Bitcoin is at a critical point and seems to be in a decision-making phase. Given the declining dominance of Bitcoin, altcoins may be suitable for long positions, whereas shorting Bitcoin itself seems more logical today. 📆 Today's Coin: FLOW Today, we will analyze FLOW, a project with its own blockchain that serves as a platform for downloading applications,...
Hello, Comes after a long time. I hope you're doing well. This is what I see: as the market moves downward, liquidity is created, and today's liquidity has already been swept, but there is still liquidity that has to be swept. However, as you can see, I've marked two Order Blocks and am targeting Bullish to Bearish OB with a tight stop loss. And there is a good...
The technical analysis of V-Guard Industries suggests a compelling swing buying opportunity. The reasons are listed below : The stock has successfully breached a significant resistance zone at 270-280, showcasing potential for an upward trend continuation. The presence of a robust bullish engulfing candle on the weekly timeframe, coupled with the stock...
Okay, This one was requested by @sanketkumbhar88 : Here is all you need to know about NSE:AFFLE : - Affle has been in a volatile 400-point range since 2021 - Currently, It is forming a Descending Triangle formation taking exact rejections from the resistance trendline - We have a game zone to confuse investors - The 1000 psychological mark doesn't seem to...
Okay, This one is #requested by @sakshisehrawat4192 The chart should tell you everything you need to know. But again, for those who like to read our analysis, Here are a few easy pointers: - The script is Forming an ascending triangle on a shorter time length - The ultimate resistance trendline stands strong since 2018 - It is nearing a crucial resistance...
The shareholding pattern of a company refers to the distribution of its ownership among different categories of investors, including promoters, Foreign Institutional Investors (FII), Domestic Institutional Investors (DII), and the general public. The ideal shareholding pattern can vary depending on the nature of the company, industry dynamics, and regulatory...