Get started

Community ideas

Muhurat Day Investment Pick for long Term (ABSLAMC)Hello everyone, i wish you all Happy Deepawali and new sanvat Year, i hope new year brings you good wealth and good health. Today i am publishing a stock on special day (MUHURAT TRADING DAY), It is a long term investment idea from my side, i am also holding this stock and today again i have added in my portfolio. Stock is really good having good management and right now stock has given Rounding bottom pattern breakout with huge volume. All the levels i already have written on chart. I am expecting huge rally ahead in it, think for long term like 10 years plus and you will get huge returns. About:- Incorporated in 1994, Aditya Birla Sun Life AMC is set up as a joint venture between Aditya Birla Capital Ltd and Sun Life AMC. The Co. offers Mutual Fund services, Portfolio Management services, offshore and real estate offerings. Key Points:- India’s Leading AMC ABSBL is one of the largest non-bank affiliated AMC in India managing AUM of ₹6002 bn under its suite of mutual funds, portfolio management services, offshore and real estate offerings Market Cap ₹ 23,138 Cr. Current Price ₹ 802 High / Low ₹ 804 / 436 Stock P/E 25.8 Book Value ₹ 113 Dividend Yield 1.67 % ROCE 34.9 % ROE 27.4 % Face Value ₹ 5.00 Industry PE 22.6 Debt ₹ 75.0 Cr. EPS ₹ 31.1 Promoter holding 75.0 % Intrinsic Value ₹ 382 Pledged percentage 0.00 % EVEBITDA 19.0 Change in Prom Hold -0.05 % Profit Var 5Yrs 11.8 % Sales growth 5Years 3.05 % Return over 5years % Debt to equity 0.02 Net profit ₹ 896 Cr. ROE 5Yr 30.9 % Profit growth 34.8 % Earnings yield 5.14 % PEG Ratio 2.19 Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
NSE:ABSLAMCLong
by TraderRahulPal
1
Gold Price Ahead of Important SupportGold is currently hovering around $2,747/ounce after facing strong selling pressure from the $2,800/ounce resistance. The technical chart shows that the EMA(89) acts as an important support, and the test of this area will determine the next trend of the market. Recent news also contributed to the gold trend. Political uncertainty ahead of the US presidential election is creating momentum to buy gold as a safe-haven asset. However, positive economic data from the US, with a GDP growth rate of 2.8%, increases the possibility of the FED continuing to tighten monetary policy, creating downward pressure on gold prices. In terms of the technical scenario, if the price remains above the EMA(89), the uptrend may recover with a target of $2,780 or higher. Conversely, if the price breaks below the EMA(89), the bearish trend will take over, pushing the price down to the $2,720 area or deeper. This is an important time to watch the reaction of gold prices at this support area, as the market is weighing between political risks and the economic strength of the US.
OANDA:XAUUSD
by Angela_baby
4
Nifty Intraday Analysis for 01st November 2024NSE:NIFTY Index closed near 24205 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24300 Strike – 38.91 Lakh 24500 Strike – 32.90 Lakh 24400 Strike – 26.96 Lakh Put Writing 24200 Strike – 30.41 Lakh 24000 Strike – 29.00 Lakh 24300 Strike – 24.94 Lakh It is expected that the Index will be in a narrow range on Muhurat Trading Day. Index has resistance near 24325 – 23375 range and if index crosses and sustains above this level then may reach near 24450 - 24500 range. Index has immediate support near 24150 – 24100 range and if this support is broken then index may tank near 24000 – 23950 range.
NSE:NIFTY
by RKMAURYA
2
XAUUSD Gold Trend Analysis TodayI know many people are waiting for my analysis today. The next trend analysis of gold is drawn in the chart using the hourly cycle. (1): Technical analysis of the bull market The current key price pressure levels are in the following order: 2758-2760 range 2770 area 2778-2780 range 2790-2800 range. All of the above are the prices we need to pay attention to when we are long. They are of great significance to the transaction and directly determine your offense and defense. (2): Technical analysis of the bear market We need to consider the worst possible scenario, after all, today is Friday. The current key price support levels are in the following order: 2758-2760 range 2753 area 2736-2740 range 2710-2720 area Near 2680 We cannot predict the unknown, but we can clearly make a reasonable trading plan based on the current situation My deduction basically covers the essence of all technical models, which is a summary of experience and wisdom You can clearly see the graphics I drew to learn Reasonable division and fractal So at present we regard 2758-2760 as an important watershed between longs and shorts Important range for intraday trading today Next I will continue to update and optimize the next trend. Thank you for your attention. Please support us by liking and sharing the post. And leave your views in the comment section
OANDA:XAUUSD
by GoldFxTradingPioneer
2
CONCOR: Price Action for DiwaliFollowing a substantial downtrend in CONCOR has recently exhibited a bullish reversal pattern characterized by three consecutive green candlesticks ( Three Green Soldiers ) on the daily timeframe. This formation suggests a significant shift in stock movement, indicating that buyers have gained control and are exerting upward pressure on the stock. Such a pattern is typically interpreted as a strong signal that the preceding downtrend may be reversing into an uptrend. In conjunction with the daily analysis, the weekly chart reveals that CONCOR has retraced from the 38.2% Fibonacci level. Based on historical performance, this retracement level is often recognized as a key area of support and is frequently associated with strong potential reversal points. The confluence of the candlestick pattern and the Fibonacci retracement level strengthens the case for a bullish outlook on the stock. Considering the current market conditions and technical indicators, CONCOR appears to present a favourable opportunity for accumulation at the current market price . For those considering an entry point, a prudent stop-loss level has been identified at 711 , which allows for an optimal risk-reward scenario. The target price will be 1153 , reflecting a potential long term resistance. Disclaimer: The information contained in this report is intended solely for informational and educational purposes, and should not be interpreted as financial advice. It is imperative that investors conduct their own thorough research and consider their individual financial situations before making any investment decisions.
NSE:CONCORLong
by NiftyNotions
1
SNXUSDT on the Brink: Will It Break Out or Break Down?Yello, Paradisers! 🧐 Is SNXUSDT gearing up for its next big move? Let’s dive into what’s happening. 💎Currently, SNXUSDT is consolidating under a critical resistance and support zone, adhering to a resistance trendline while hinting at a bullish divergence. This setup has all the ingredients of an impending shift—but which way will it go? 💎If SNXUSDT breaks out above the resistance trendline and the resistance zone, this would significantly boost the odds of a bullish surge. Such a move would attract momentum traders and could trigger a wave of buying pressure. 💎If the price retraces, a bounce from the support zone is a possibility. However, to increase confidence in a bullish rebound, we’ll need to see a bullish I-CHoCH (internal change of character) on lower timeframes. This would signal buyers stepping in with renewed strength. 💎On the flip side, if SNXUSDT breaks down and closes candle below the support zone, this would invalidate our bullish outlook. Such a move would indicate weakening buyer interest and could shift momentum to the downside. 🎖 Stay sharp, Paradisers! The market often tests our patience, and disciplined observation can make the difference between profit and loss. Consistent success comes from waiting for high-probability setups and executing with precision. Trade smart and stay prepared for all scenarios. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Still doubts? The BTC GUIDE The tour of the guides continues, and with it, the skeptics. I am here, active and present: you’ll find ALL MY CONTACTS at the end of the article or in my profile bio. Don’t worry, I’m not going anywhere! Now, let me get a few things off my chest: I don’t need to prove anything, my work speaks for itself, supported by HONESTY AND CONSISTENCY . That said, enough chit-chat—let’s get straight to the ANALYSIS. 📊 This time, we’re focusing on a MEDIUM TO LONG-TERM ANALYSIS ; don’t worry, daily analyses will follow, but first, it’s essential to outline a GUIDELINE, a light to show us the direction. 🧭✨ What is the current situation for BTC? Technical analysis suggests that the best strategy is to aim for an upward trend, and that’s what we’ll do. However, there are key points to consider: aiming for an upward move is good, but entering at the best price is essential. 📈💡 On Tuesday, 29/10/2024 , Bitcoin attempted to establish a new ALL-TIME HIGH but failed. Does this mean a reversal? ABSOLUTELY NOT. The trend remains bullish; it is simply retracing downward to clear out retail traders positioned for the uptrend. Exactly, to push upward, the market must first liquidate the bulls, go short to gain strength, and then resume the upward path. It’s that dynamic many call manipulation—a term that’s overused and often misapplied. 🔄⚖️ Currently, as I write, the 24-hour chart has closed below the bullish resistance at 71300, confirming a possible decline. The price is now close to the first bullish liquidity zone , an excellent rotation point, located between 69750 and 68315 . In this same area, we also find our trusty Fibonacci , with an upward projection, extending from 60635 to 67405 . This represents, on the 24-hour chart, the best entry point for a potential reversal, thanks to the combination of **deep retracement** and liquidity. 📉📊 But that’s not all. To confirm a continued decline, we need a break on the 24-hour chart of the bullish support, with a full candle close below 69150 . This would indicate a possible continuation of the downward move. ⚠️🕹️ And if the price continues to fall? No problem—we’re prepared. Your friend PipGuard has already considered everything. We find a fundamental monthly support at 64540 , immediately followed by the weekly upward Fibonacci extending to 62585 , starting right from the aforementioned monthly support. 🛡️📈 In summary : the trend is BULLISH , got it? BTC will go up, but for now, it’s time for a RETRACEMENT. This study will be published as bullish, not neutral, because we’re not in a sideways or bearish phase—it’s just a retracement. I encourage you to read through everything carefully and understand the key points. 🔄📝 Remember, I’m always available: you can find my contact details at the end of the article or in my T radingView profile bio. If you appreciate my return, my work, and my analyses, I kindly ask for your support. Wishing you a good day/evening, depending on when you read this, and most importantly, HAPPY TRADING . We’ll catch up soon! 🚀📈 PipGuard.
COINBASE:BTCUSDLong
by PipGuard
Gold flirts with sellers in a bullish channel ahead of US NFPGold is stabilizing after its largest daily decline in 15 weeks, as traders await Friday's US Nonfarm Payrolls (NFP) report. In doing so, the precious metal bounces back above the 50-SMA but struggles to reclaim its previous upward trend, signaled by a three-week-old rising wedge. Still, it remains within a bullish channel established since early August. Bulls need conviction to retake control Even with gold's recent bounce and its position within a multi-day bullish channel, Thursday’s confirmation of a rising wedge bearish chart formation, combined with bearish MACD signals and a lack of oversold RSI, raises concerns for buyers. Key technical levels to watch Gold buyers focus on the rising wedge's bottom near $2,762 to regain control. If they succeed, the next targets will be the wedge's top at around $2,796 and the bullish channel’s upper line at about $2,810. A firm move above $2,810 could lead to the bullion’s gradual rise toward $2,900 and potentially $3,000. On the other hand, Gold sellers are looking at Thursday’s low of $2,731, with the previous weekly low of around $2,708 in their sights. Key levels for bears include the bullish channel bottom and the 200-SMA near $2,687 and $2,670, respectively. If gold drops below $2,670, it may be set for a decline toward the rising wedge target of $2,570. Bulls in control, but sellers seek opportunities The recent bearish chart pattern offers sellers a chance for short-term gains, especially if the US employment report impacts gold prices. However, buyers are expected to maintain their hold on the market.
OANDA:XAUUSD
by MTradingGlobal
GOLD SHORT 31 OCTObserved a major consolidation breakout on a higher time frame, followed by a retest and rejection at minor consolidation support, which prompted my entry. Price is currently filling an imbalance (FVG) but may trap and reverse, potentially taking out the FVG before moving up due to the overall bullish trend. Noted significant resting liquidity at demand zones, so I secured 50% profits at the FVG and moved the stop loss to entry. Monitoring for continuation downward to trap FVG buyers. Feel free to like and comment for further trade insights!
OANDA:XAUUSDShort
by munmeeth
1
HEAD & SHOULDERS PATTERN IN NIFTY. TIME TO SELL AGAIN ?Symbol - NIFTY50 CMP 24800 Nifty50 has turned its trend from bullish to bearish & sideways making lows - lows on daily time frame. We can see a Head & Shoulders pattern getting formed on daily TF in Nifty. Such patterns on larger time frame don't usually fail. Nifty is currently trading near neckline of this pattern. Breakdown & sustaining below this neckline zone 24730 - 24690 will get this pattern activated & we can see big target towards downside. Target on downside can be 23370 P.S. : My short position is already active from 25000 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:NIFTYShort
by akshit_official
10
USD/JPY Hits 153.827: Continue Rising or Ready to Retrace?USD/JPY is in a stable uptrend, supported by two key EMAs (89 and 34), showing that buying pressure remains strong. However, the resistance at 153.827 could act as a “wall” that halts the upward momentum. If pushed back, the 151.807 area could serve as a “launchpad” for a bounce. With the current uptrend, a pullback to 151.807, followed by a rebound signal, may offer a good buying opportunity. A clear breakout above 153.827 could signal the next leg up. The key here is not chasing the market, but waiting for the golden opportunity: buying at support on a pullback, or catching the wave if resistance breaks. BOJ’s decision to keep rates at 0.25% has reduced the yen’s appeal, adding upward pressure on USD/JPY as the Fed may keep rates high.
Short
by Will_ll
GOLD ANALYSIS 1ST NOV 2024Gold Market Analysis Gold recently took a 400-500 pip plunge, which we captured yesterday. Currently, price has tapped into a 4-hour order block and is forming higher highs, though the bullish momentum remains relatively weak. On the 5-minute timeframe, there's a minor order block in focus. If price breaks above this level and retraces, it’s likely to reach a major order block overhead. This move could potentially trigger a strong bullish push, as there are limited levels above, only some imbalances and fair value gaps (FVG) to consider. However, if this bullish setup turns out to be a trap, we may see price tap or briefly break the order block to attract more buyers, only to reverse and resume the bearish trend with increased momentum. Trade Strategy To reduce risk, always wait for market structure confirmations on the 15-minute or 1-hour timeframe. Let the setup develop, and don’t jump in prematurely. If you found this breakdown helpful, please like, follow, and leave a comment for more insights on trade logic.
OANDA:XAUUSD
by munmeeth