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How would Bitcoin react? Btc/Usdt Chart analysis Bitcoin on Hourly chart is has formed HH & HL (HIGHER HIGH, HIGHER LOW). Trend is definitely bullish but after a massive move every assets goes for a correction. Looking at hourly chart we can see that Bitcoin is trading in range bound and it need to take any side liquidity for any trade to be executed. For buy we would suggest to wait for the ATH (All time high) to be breaken out. So sell side we would suggest to wait for a MSS( Market structure shift). Weekends are usually slower for Crypto market. We will wait for the first Asian session of the day to start and will trade plan accordingly
Nifty Intraday Analysis for 18th November 2024NSE:NIFTY
Index closed near 23535 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 45.81 Lakh
23600 Strike – 28.89 Lakh
23500 Strike – 25.62 Lakh
Put Writing
23000 Strike – 34.00 Lakh
23500 Strike – 33.23 Lakh
23600 Strike – 23.56 Lakh
Index has immediate support near 23350 – 23300 range and if this support is broken then index may tank near 23100 – 23000 range.
Index has resistance near 23750 – 23800 range and if index crosses and sustains above this level then may reach near 24000 - 24100 range.
Long Term Investment Opportunity in Electronic Retail Chain CoHello everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a stock is which is engage in Electronic Retail Chain in Bihar stock name is Aditya Vision Ltd, and it incorporated in 1999, it is engaged in trading of electronic items.
Stock is technically good as it has taken perfect support at previous breakout zone,, So Previous support is acting like a support zone for this. Best entry, stop loss, long term stop and targets already i have mention above on chart, Please use for trading and investing. For short term to medium term targets i have already written but i feel as company is making profits continuously it should grow minimum with 25% CAGR and above. And this figure is enough to give huge returns in medium term to long term. No double if we can see 1000% returns in next 5-7 years.
Key Points:-
Products
The company sells 10,000+ Products ranging from Digital Gadgets like Mobile Phones, Laptops, and Tablets to Entertainment Solutions like Televisions, Sound Bars, Home Theaters, Cameras, Accessories to Home Appliances like Air Conditioners, Refrigerators, etc.
Market Share
The company holds ~50% market share in organized electronic retail in Bihar. It is the Largest Electronic Retailer in Jharkhand.
Customer Base
The Company retails products from 100+ Indian and international consumer durable and electronic brands like Samsung, LG, Sony, Panasonic, Philips, and Voltas etc.
Business Model
80% Direct OEM Supply
20% Distributors/C&F Agents
Fund Raise
The company raised Rs. 282 cr from one of the World’s largest FII – Capital Group in FY24; their first fund raise after IPO.
Focus
The company aims to grow at 20-25% revenue CAGR over the next 3 – 5 years. Progressing towards Central UP from Eastern UP. Business is ready to scale beyond Bihar, Jharkhand & UP to adjoining states in the “Hindi Heartland” over the next 3-5 years based on “Creeping Cluster Approach”.
Fundamentals:-
P/E ratio is 60.8284 which is lower than it's Industry P/E 60.83
ROCE is 28.55%
ROE is 25.12%
Operating Profit Margin (EBITDA Margin) is 9.61%
Annual Sales has grown by 31.84%
Annual Profit has grown over by 20.16%
3 Years Sales CAGR is 29.81%
3 Years Profit CAGR is 76.49%
Quarterly Sales has grown over by 20.03% YoY
Quarterly Profit has grown over by 26.79% YoY
Gross Block has increased by 43.9% as compared to last year
FII have increased their stakes by 2.63% in the latest quarter (10.23% to 12.86%)
FII have increased their stakes by 12.86% in last 3 years
DII have increased their stakes by 0.51% in the latest quarter (8.23% to 8.74%)
DII have increased their stakes by 8.74% in last 3 years
Promoters + FIIs + DIIs hold 74.83% in the company
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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#Nifty directions and levels for November 18th.Good morning, friends! 🌞 Here are the market directions and levels for November 18th.
Market Overview:
There are no significant changes happening. The global market is showing a moderately bearish sentiment (based on the Dow Jones only), and our local market is also exhibiting bearish sentiment. Today, the market may open with a neutral to slightly gap-down start, with the Gifty Nifty showing a negative 80 points.
In the previous session, both Nifty and Bank Nifty moved in a consolidation pattern. Structurally, it remains a bearish trend, so if the gap-down sustains, we can expect the continuation of the correction. On the other hand, if it rejects around the immediate support level or opens with a gap-up, we can expect a minimum pullback of 23% to 38%. Let’s look at this in the charts.
Both Nifty and Bank Nifty have the same structural sentiment.
Nifty Current View:
The current view for Nifty indicates that if the initial market takes a pullback around the immediate support level (23,435), we can expect a minimum pullback of 23% to 38%. After that, if it rejects at either the 23% or 38% Fibonacci level, the correction will likely continue. However, if it sustains and breaks the 38% Fibonacci level, it could reach the 50% and 61% levels. If this happens, the upcoming session could turn into a range market.
Alternate View:
The alternate view suggests that if the market breaks the immediate support level (23,435) solidly or consolidates around the support level, the correction will likely continue to the level of 23,245.
EURUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Nifty 50 spot 23453.80 by Daily Chart view - Update to old Chart*Nifty 50 spot 23453.80 by Daily Chart view*
- Most probable Support Zone 23200 to 23350 to anticipate for upside reversal prospective
- Next fairly strong Support Zone 22500 to 22650 for upside reversal prospective if the above Support Zone is broken
- *Old times Gaps to be filled will be a longer shot to expect if markets take a nosedive below 21180 Nifty 50 Index trading range*
- Huge Downfall of 04th June, 2024 closed many of the past Gap Up Opening and Gap Down Openings between 21181 to 23338 Nifty Index trading range
- Update to old chart shared last week
GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Detailed Analysis using OrderFlow analsysis for XAUUSD ( GOLD) Key Points in Order Flow:
1. Delta in Order Flow:
- Delta measures the net difference between aggressive buyers (market orders to buy) and aggressive sellers (market orders to sell).
- A positive delta of 20K means there were 20,000 more aggressive buy orders than sell orders during that candle.
2. No Major U.S. News:
- With no significant U.S. news or economic events, the positive delta likely reflects organic market sentiment or institutional buying rather than reactionary moves to news.
- This suggests that market participants are confident in higher gold prices.
3. Implication for Gold:
- Aggressive buying without external news typically indicates a strong bullish sentiment in the market.
- Since this buying is not driven by news but by organic demand or positioning, it suggests that gold may rise further until new external factors or resistance levels come into play.
4. Order Flow Perspective:
- Buyers are dominating sellers, which could trigger a short squeeze if sellers close their positions by buying back.
- The absence of significant news events reduces the likelihood of volatility spikes, allowing a smoother upward trend.
5. Monitoring Points:
- Order Book: Watch if the buy-side liquidity remains strong or if sellers begin to step in at higher price levels.
- Volume Profile: Check for areas of high volume where gold may consolidate before moving higher.
- Delta Continuation: If positive delta persists on subsequent candles, it strengthens the bullish case.
Trading Implications:
- If you're a trader, consider going long but set a tight stop loss near recent support levels in case the market reverses.
- Monitor for divergences, like price stalling while delta remains positive, as this could indicate absorption of buying pressure by sellers.
Banknifty Intraday Analysis for 18th November 2024NSE:BANKNIFTY
Index closed near 50180 level and Maximum Call and Put Writing near CMP as below in current Monthly contract:
Call Writing
51000 Strike – 14.94 Lakh
51500 Strike – 14.10 Lakh
50500 Strike – 9.89 Lakh
Put Writing
49500 Strike – 18.29 Lakh
50000 Strike – 15.03 Lakh
49000 Strike – 10.96 Lakh
Index has immediate support near 49600 - 49500 range and if this support is broken then index may tank near 49000 - 48900 range.
Index has resistance near 50650 – 50800 range and if index crosses and sustains above this level then may reach near 51100 – 51300 range.
Sammaan Capital - Potential Bottoming out CandidateWith a poor result but excellent guidance..the stock seems to have formed a double bottom with a +I've RSI divergence.
Watch for this stock going ahead.
Long above 150 and further above the 200EMA which is around 160 currently..
I hope it falls once more to 133 and then bounces with a triple RSI divergence and that might be the perfect buying opportunity.