Rupee best performer 2023. 2024 looks even better.Rupee stayed almost flat against the $ in 2023, depreciating 2% whereas other EM currencies depreciated more than 4%.
Equities soared in 2023 and if things go as they are appearing, then 2024 promises to be even better. There is lot of hop and optimism in the air already about Indian economy and that will most likely translate into higher returns for Indian equity investors.
If you are not in India - You are missing the biggest global party!
2023
MULTIBAGGER 2023---DB CORPMULTIBAGGER 2023 -- MONTHLY CHART SETUP --DB CORP
1. DB CORP seen Bullush monthly chart setup at current level so as pick potential multibagger year 2023
2. Monthly Resistance breakout seen on chart above 120 level
3. currenly trading at upper channel
4. Golden cross 44,200 hma seen since stock trading uptrend , above 44,100,200 HMA
5. RSI above 60, above wma, RSI & ema positive crossover seen , currently RSI at 60.55 Strongly Bullish
6. Potential upside 40-50% from current level in year 2023
7. Entry 120-130 level Target 150-175-200 stop loss 100
THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk !
HAPPY TRADING ......WISH ALL HAPPY & PROSPEROUS NEW YEAR 2023
multibagger -- 2023 -- PAYTM PAYTM -- DAILY CHART -- SETUP --- POTENTIAL -- MULTIBAGGER 2023
1. PAYTM Pick as potential multibagger 2023 due to bullish indicators on daily chart setup.
2. Daily trendline breakout seen on last closing candle
3. Resistance breakout seen on last closing candle
4. stock seen following trendline support after pullback from oversold level sub 450
5. stock above 44, and near 200 hma support on last clsoing daily candle .
6. RSI above wma , ma ema positive cross seen and RSI near 60 level bullish zone ,
7 . ENTRY at current level 540-550 , Target 1--- 600-650- Target 2- 700-750 stop loss bellow trendline support 499-500
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... Trade at own Risk .!!
HAPPY NEW YEAR..!! HAPPY TRADING !!
Budget special analysis of Banknifty Hi traders,
One of the biggest day of every traders and investors.
So my first request to every new traders and investors see the tomorrow's market avoid trading tomorrow. It is not easy to trade on that day.
Who are capable of understanding the levels and price action properly then only trade otherwise avoid don't use any indicator it will not work for sure.
Let's discuss tomorrow's level:-
Firstly don't think market will be bullish because everyone is seeing that there is a reverse head and shoulder where the retailers can be trapped easily. So think smartly, trade smartly.
First demand zone :- 40335-40161
Second demand zone:- 39673-39640
First Supply zone:- 40750-40930
Second Supply zone:- 41807-41915
If market breaks 40940 and makes higher highs then we can go for long.
If market makes higher highs or lower lows from demand or supply zone in given chart.
Summary:- Don't make any momentum in mind it may be devastating for your account.
Use trailing sl (7 smma)
SL IS MUST FOR TOMORROW
BANKNIFTY TOMORROW PREDICTION...#banknifty analysis.... today we see unexpected pull back in market.. Tomorrow might be gap up and cross 40900 zone. If the market break 40526 then we can go for CE(CALL) First target = 40602,40737,40878,40905. If the market break 40347 then we can go for PE(PUT) First target = 40171,39966,39736.
Long term vision for D-MartAvenue supermarkets Ltd. has been proven to be a vital business for country's consumer and it will continue to be.
Coming under 'necessary retail' I expect it to get hit lesser in any black swans from here-on.
Fundamentals are healthy and the chart is in the process of looking better, good amount of correction is over.
Expecting a fall from here of ~10% in the weekly block. Expecting it to run to new highs in the coming year.
A gain of over 90% is what I aim for if we get to buy in low 3400s
NFA--DYOR--GL
MULTIBAGGER --2023 ----SUZLONMONTHLY CHART SETUP --- SUZLON
1. Due to Bullish technical indicators , suzlon as a pick for potential multibagger on year 2023
2. Monthly trendline breakout seen cleary on chart , last month candle ( circle )
3. currently stock at uotrend consistetly past few months . as upper channel indicate the same
4. Stock trading above 44, 200 hma , golden cross of 44, 200 HMA currently seen as strong bullish indicator.
5. RSI above 60, Above wma, EMA & RSI positive crossover .
* Potential upside 50 to 80 % from current level.
* ENTRY 10.25 at current level , TARGET 12-15-18 in 1year , Stop loss bellow trendline supprt at 7
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk . @@ This month i will be posting 10 potential multibagger for year 2023 this is 3rd on this series , , take as education purpose and do your own analysis before enter trade . !!
WISH YOUE ALL....HAPPY & PROAPEROUS NEW YEAR .!!
HAPPY TRADING .!
Short term Analysis in Nifty !!! Are We really BullishDivergence In Monthly RSI ..
Reversal Pattern on CandleStick
Jan and Feb will decide if we are bullish for next year ..
Previous alltime high is broken But never had a retest
Though some times its not a mandate to have a retest taking the geopolitical issues and escallation of war in Ukrain i do have a feeling there might be something big in future
Coming to the analysis I believe in RSI Divergence very strongly when it comes to Higher time frame There is not much to explain about the analysis except for the divergence
Geopolitical issues matters the most .. lets see how it goes
i Will be updating this thread for the next 12 months what we can expect every month and the probabilities
Jan 2023
If We are about to see a bear market in future
I'm expecting 18500 to be retested and then forms a bearish candle or might test the high of previous candle and close below 18500
This is an IDEA and Not a suggestion.
I'm not a SEBI analyst, this is purely for educational purpose, not to be traded with out proper financial advise.
SGX Nifty For an IDEA
Gold braces for bullish end of 2022Gold portrays the second consecutive monthly gain as it flirts with the $1,800 threshold in the last few days. Although the 50-week and 100-week moving averages have clutched the bulls of late, the price-positive signals from RSI and MACD join the mid-November’s clear breakout of the previous key resistance line from early March to suggest the metal’s further upside. Also adding strength to the bullish bias could be the quote’s rebound from the 50% Fibonacci retracement of the 2018-20 upside move. That said, an ascending trend line from early October, close to $1,850 by the press time, appears the key hurdle for the metal to cross to bolster the upside hopes. Following that, the mid-2022 peak surrounding $1,880 and the $1,900 round figure will be in focus. In a case where the bullion prices remain firmer past $1,900, the $2,000 psychological magnet and the yearly high near $2,075 should lure the buyers.
Meanwhile, pullback moves may initially aim for the 38.2% Fibonacci retracement level of $1,727 before ruling out the bullish bias by poking the yearly low marked in November, around $1,614. It’s worth noting that the resistance-turned-support line from March, close to $1,570, acts as the last defense of the bulls before giving control to the Gold sellers who could recall the year 2020 bottom surrounding $1,450 on the chart.
Overall, Gold is likely to end 2022 on a firmer footing that can offer a positive 2023 after two consecutive yearly losses, namely in 2021 and 2022.
BNB in great opportunity Hello its J again
After a long time and a boring bear market I can feel , see and imagine great buying opportunity for BNB at the dip price from 255 to 270 and the possibility to increase up to 650 or even for a new ATH in the upcoming weeks.
Actually I believe the price is in a triangle pattern and it shows that it has some potential to be in an up trend for several weeks .
thank for comment , like and sharing my idea
best regards J