Analysis
CybertechIncorporated in 1995, CyberTech Systems and Software Ltd provides Information Technology and Software Development Services to customers primarily in USA.
Making a Cup and Handle pattern.
Market Cap: ₹ 623 Cr.
Promoter holding: 36.4 %
FII holding: 0.01 %
DII holding: 0.00 %
Public holding: 63.6 %
Looks good to buy on dip.
Beginner to Advanced Trading
Every successful investor has one thing in common, they read as many investment books as they can. Trading in the share market requires a basic knowledge of all the aspects that can influence the prices of shares, and it can be gathered by reading books regularly.
Skills #1 and #2 – Research and Analysis. ...
Skill #3 – Adapting Your Market Analysis to Changing Market Conditions. ...
Skill #4 – Staying in the Game. ...
Skills #5 and #6 – Discipline and Patience. ...
Bonus Skill #7 – Record Keeping. ...
In the End.
"Mastering BankNifty: Capturing 458 Points Like the Operator's B"As I mentioned earlier, I captured a solid 458 points in BankNifty! This is the power of precise levels and timing. I shared this exact trade with you on Saturday or Sunday, a day before it played out. This is what I call the 'operator's boss' level of trading! When you can predict the market moves like this, you're truly ahead of the game. Stay tuned for more insights like these, and let's continue to dominate the markets together!"
why risk management is important in tradingWithout appropriate risk management, events like this can lead to: Loss of all your trading capital or more. Losses that are too large given your overall financial position. Having to close positions in your account at the wrong time because you don't have enough liquid funds available to cover margin.
Key Takeaways:
#Trading can be exciting and even profitable if you are able to stay focused, do due diligence, and keep emotions at bay.
#Still, the best traders need to incorporate risk management practices to prevent losses from getting out of control.
#Having a strategic and objective approach to cutting losses through stop orders, profit taking, and protective puts is a smart way to stay in the game.
"BTC Trade Update: Massive 1264 Points Target Hit!"
Our community is rocking with this BTC trade! As promised yesterday, we’ve hit a massive 1264 points target, and the trade is performing exactly as predicted. If you've booked profits on this one, make sure to set the comment section on fire! I want to hear about all the gains you’ve locked in—let's get the energy flowing.
Share your profit screenshots and let me know in the comments! Stay tuned because I’ll be sharing more powerful trades soon!
STOCK ON RADAR - EXIDE INDUSTRY According to the radar, Exide industries stock has given a good upside move on daily time frame. The fundamental of the company is also good in the last quarter result.....
View ' - Long Side
Chart Time - 1 day
CMP - 530.50
Demand Zone - 440
Supply Zone - 620
buy at 530 and take profit at 620.....
STOCK ON RADAR - EXIDE INDUSTRY According to the radar, Exide industries stock has given a good upside move on daily time frame. The fundamental of the company is also good in the last quarter result.....
View ' - Long Side
Chart Time - 1 day
CMP - 530.50
Demand Zone - 440
Supply Zone - 620
buy at 530 and take profit at 620.....
"Gold's Danger Zones: Are You Prepared for the Next Move?"Gold Trading Analysis: Key Levels for Your Strategy
In this analysis, we focus on two critical levels for gold trading: 2665.624 and 2670.240. These levels are your danger zones, and you should only use them on the 15-minute timeframe.
Here’s how to approach it:
1. Breakout and Retest: Whenever you see a breakout at these levels on the 15-minute chart, wait for a retest before entering. This increases your chances of a successful trade.
2. Set Your Targets: After entry, aim for the next level as your profit target and enjoy the gains!
3. Avoid Large Candle Breakouts: If there’s a breakout with a large candle on the 15-minute timeframe, exercise caution. Such breakouts can lead to bigger stop-losses, increasing the risk of getting stopped out.
Your feedback is crucial! If you find my analysis helpful and are making profits by following these levels, please comment and let me know. Your support motivates me to provide more insights, so share how much profit you’ve made using these strategies!
Grasim Industries Ltd Analysis for 14th OctoberRed levels represent selling zones.
Green levels represent buying zones.
Orange levels are important levels, which can act as either buying or selling points depending on the market's behavior.
If the market opens above the orange level, it will act as a buying level.
If the market opens below the orange level, it will act as a selling level.
Regarding the current market close (2,721.20), the closest orange level is not visible on the chart. However, based on your analysis, any movement around this area should be carefully watched for potential buying or selling reactions on the next trading day.
This analysis is for 14th October, provided in advance to help plan trades effectively.
#PGILWINTER COLD PICKS
#PGIL, READY TO BLAST!!
ENTRY 1000 (15min Closing)
SL 965 (Hourly Closing)
TARGET: 1065
TYPE: " SHORT-TERM "
REASON:- #PGIL after a FANTASTIC RALLY
is now forming a ROUNDING
BOTTOM which is EXTREMELY POSTIVE for stock !! We are expecting a CLASSIC BREAKOUT and a GREAT UPWARD MOMENTUM
Option TradingTo read an option chain, you can look for the following information:
Strike price: The price at which the stock is bought if the option is exercised
Premium: The price of the options contract, or the upfront fee paid by the investor
Expiry dates: The dates on which the option expires, which can affect the premium
Open interest (OI): The total number of outstanding option contracts that have not been settled
Implied volatility (IV): A percentage that indicates the expected price fluctuations, and the level of uncertainty or risk in the market
Bid: The best available price at which the option can be sold
Ask: The best available price at which the option can be purchased
Volume: The number of transactions that have occurred on the current trading day
Net change: The net change of LTP, where a positive change indicates a rise in price and an unfavorable change indicates a decrease in price
Bid qty: The number of buy orders for a specific strike price
Ask qty: The number of open sell orders for a specific strike price
Here are some other tips for reading an option chain:
The option chain is divided into two sections, calls and puts, with calls on the left and puts on the right
The current market price is displayed in the center
ITM call options are usually highlighted in yellow
Higher open interest usually indicates higher liquidity and market activity
Data Patterns Clear BUY!Stock Analysis Overview
Technical Support: Strong support identified near the 2,250 level based on current data patterns.
Fundamental Strength: The company remains fundamentally robust, showcasing solid financial health and growth prospects.
Price Correction: The stock has retraced approximately 40% from its recent peak, presenting a potential entry point.
Investment Classification: Positioned as a defensive growth stock, offering both stability and growth potential.
Top 1% Trader SecretDetermine your risk capital, i.e., the total amount of money you're willing to risk in your trading. This should be money that you can afford to lose without it affecting your lifestyle. Calculate 1% of your risk capital. This is the maximum amount you're allowed to risk on any single trade.
For day traders and swing traders, the 1% risk rule means you use as much capital as required to initiate a trade, but your stop loss placement protects you from losing more than 1% of your account if the trade goes against you.
PARAG MILK RR 1:5Parag Milk Foods is a well-known dairy company in India, recognized for its wide range of milk and milk products. They offer products like cheese, butter, yogurt, and ice cream, catering to both retail and institutional markets. The company emphasizes quality and sustainability in its operations, often promoting its use of advanced technology in dairy farming and processing.
good volume and there is chance of rate increase in milk and milk product which improve margin.
GOOD RR
CMP: 200
TARGET : 335
SL : 169 CLOSING BASIS
How to Draw Support and Resistance Like a Pro! Support and Resistance are one of the most important aspects of technical analysis but often I see traders doing it wrongly.
How to Draw Support and Resistance:
Imagine you have a chart filled with SR like the one below. Do you know which levels to pay attention to? When you’re about to start, how to plot support and resistance lines? It’s filled with nothing but lines and it doesn’t seem to make much meaning of the chart at all.
nah My approach to drawing Support and Resistance uses either
1 line or 2 lines. It is much cleaner and immediately tells you which area of the chart to pay attention to. I use a single line when price respect a level almost to the pip and i use 2 lines when price bounces off an area. I highlight only the key Support and Resistance of a chart meaning the obvious swing highs and lows. The intermediate SR i will not draw any lines so as to maintain my focus on the key areas. Besides, with enough screen time you can easily identify those intermediate Support and Resistance without any lines.
real world… You must keep in mind of the R.S.M. formula. These three things stands for:
Reaction Setup Management Now take notes because this is important… Reaction Here’s the truth: Drawing support and resistance lines aren’t the holy grail.
Banknifty , Crude oil and Copper Divergence Divergence is a technical analysis concept that occurs when the price of an asset and a technical indicator move in opposite directions. It's a sign that the price of an asset may be reversing, and it can help traders recognize and react to price changes.
Here are some things to know about divergence:
#Types of divergence
There are two types of divergence: negative and positive. Negative divergence happens when the price of a security is rising, but an indicator is falling. Positive divergence happens when the price of a security is falling, but an indicator is rising.
#When to use divergence
Divergence can help traders make decisions like tightening stop-loss or taking a profit.
#How to confirm reversals
Divergence can occur over a long period of time, so traders can use other tools like trendlines and support and resistance levels to confirm reversals.
#When to use convergence
Convergence is when the price of an asset, indicator, or index moves in the same direction as a related asset, indicator, or index
XAUUSD - Financial Insights 26/09/2024Summary: Things are getting worse, slowly but worse, XAUUSD will reach 3K at the end of this year
1.
Title: Xi’s Economic Adrenaline Shot Is Only Buying China a Little Time
Source: Bloomberg
Problem: China's economy faces a deflationary slump due to a property market crash, weak consumer demand, and trade tensions.
Solution: The central bank launched aggressive easing measures, including interest rate cuts, more liquidity, and housing incentives.
Result: Markets surged, but economists warn these actions provide only temporary relief without deeper reforms.
Prediction: Further fiscal policies and structural reforms are needed to avoid long-term stagnation and drive sustainable growth.
2. Title: China Cuts One-Year Policy Rate by Most Ever in Stimulus Drive
Source: Bloomberg
Problem: The Chinese economy faces potential deflationary pressures, prompting the need for significant monetary stimulus.
Solution: The People’s Bank of China (PBOC) cut the medium-term lending facility rate by 30 basis points to 2%, initiating a broader stimulus package to boost economic confidence.
Result: The yuan strengthened, and Chinese stocks gained, with expectations for further monetary easing, including future rate cuts on reverse repurchase notes.
Prediction: Analysts anticipate additional rate reductions and liquidity measures to support the economy, aligning funding costs more closely with market rates in the coming months.
3.
Title: OECD Upgrades UK Growth by Most in G-7, Warns on Inflation
Source: Bloomberg
Problem: UK faces high inflation, with the BOE struggling to meet its 2% target.
Solution: The government plans to increase investment, focusing on infrastructure and the green transition.
Result: UK growth forecast upgraded to 1.1% in 2024 and 1.2% in 2025, but inflation remains high.
Prediction: BOE may delay interest rate cuts due to persistent inflation and wage pressures.
4.
Title: Global Economy Moves Beyond Inflation Crisis to Stable Growth
Source: Bloomberg
Problem: The global economy faces risks from geopolitical tensions, soft labor markets, and potential financial market upheaval as inflation eases.
Solution: Central banks can cautiously cut interest rates while monitoring data closely, avoiding rapid reductions.
Result: OECD projects global growth to stabilize at 3.2% for 2024, with moderating inflation expected in G20 nations by the end of 2025.
Prediction: While growth forecasts for the US and euro area remain steady, the OECD warns of significant risks that could impact the global economic outlook.
5.
Title: Danish Central Bank Slashes Inflation Forecasts as Wages Cool
Source: Bloomberg
Problem: The Danish labor market pressure has eased, but there are concerns about potential inflationary risks from the government's proposed 2025 budget.
Solution: The central bank has reduced its inflation forecasts for 2024 and 2025, anticipating slower wage growth due to a less tight labor market.
Result: Inflation is now forecasted at 1.3% for 2024 (down from 2.2%) and 2.1% for 2025 (down from 2.6%), indicating a more stable economic environment.
Prediction: The central bank warns against loosening fiscal policy too soon, as it could destabilize the current balance in the labor market.
6.
Title: BOE’s Greene Calls for ‘Cautious’ Approach to Rate Cuts
Source: Bloomberg
Problem: Strong wage growth and resilient economic activity pose risks, prompting concerns about inflation remaining sticky in the UK.
Solution: BOE policymaker Megan Greene advocates for a cautious and gradual approach to interest rate cuts, ensuring that inflationary pressures have subsided before making significant changes.
Result: The market reflects skepticism about immediate rate cuts, with current pricing suggesting a cut in November but a 60% chance of a follow-up in December.
Prediction: Greene emphasizes the need for ongoing observation of wage trends and consumer spending to gauge future monetary policy adjustments.
7.
Title: Fed's Bumper Rate Cut Revives 'Reflation Specter' in US Bond Market
Source: Reuters
Problem: The Federal Reserve's aggressive rate cuts raise concerns about re-igniting inflation in the U.S. economy.
Solution: The Fed's 50 basis point rate cut aims to recalibrate its approach, focusing on maintaining a strong labor market while managing inflation.
Result: U.S. bond yields have risen as investors reassess inflation expectations, reflecting uncertainty over future economic conditions.
Prediction: A gradual return to higher inflation could impact bond markets, and the central bank may need to adjust its strategy if inflation does not remain subdued.
8.
Title: Investing.com Poll: Where do you see gold prices by the end of 2024?
Source: Investing.com
Problem: Gold prices have recently surged, driven by the Federal Reserve's rate cut and investor sentiment.
Solution: Analysts expect ongoing rate reductions, which make gold more attractive as a non-yielding asset.
Result: Gold prices have rallied over 5% this month, defying historical trends for September.
Prediction: While traders anticipate potential cooling in gold returns, any downside is likely to be limited, suggesting a strong long-term outlook for the metal.
9.
Title: With Fed Easing Underway, What's Next for Markets? UBS Weighs In
Source: Investing.com
Problem: The recent rate cut by the Fed raises questions about future economic conditions and market stability.
Solution: UBS believes the rate cut signals a willingness to support the economy, but emphasizes the need for clear labor market data to ensure a soft landing.
Result: Markets have reacted positively to the rate cut, but uncertainty remains regarding the ultimate impact on growth and inflation.
Prediction: A "Roaring '20s" scenario is considered an upside risk, but market volatility could re-emerge as investors seek clarity on the economy's trajectory.
10.
Will Fed policy trigger a US recession?
Claudia Sahm:
Does not believe the US is currently in a recession, despite her namesake "Sahm rule" being triggered.
Is concerned about the direction of economic indicators, with payroll gains slowing and unemployment rising.
Puts higher odds of recession now than earlier in the cycle, but doesn't provide a specific percentage.
Believes the Fed is at risk of making an "unforced policy error" if they don't cut rates soon enough, potentially leading to an unnecessary recession.
Bill Dudley:
Puts 50-60% odds of a recession in the next 12 months.
Believes the Fed is "a bit behind the curve" in reducing interest rates given increased economic risks.
Thinks a soft landing is possible but historically difficult for the Fed to achieve.
Expects any potential recession to be mild due to strong household and business balance sheets.
Rob Kaplan:
Seems less concerned about recession risk than Dudley.
Believes the job market is softening as intended, but not "falling out of bed."
Thinks the Fed may be tactically behind by "a meeting or two" but not strategically behind.
Expects the Fed to likely cut rates in September, November, and December, despite potentially hawkish rhetoric.
11.
Title: Powell Emerges Stronger After Leading Fed to Big Rate Cut
Source: Bloomberg
Problem: Federal Reserve officials were divided on how aggressively to cut interest rates, amidst weak jobs data and inflation pressures easing.
Solution: Chair Jerome Powell advocated for a significant 50 basis point rate cut to safeguard against potential risks to the labor market.
Result: The majority of Fed officials supported the larger cut, reflecting Powell's strengthened leadership and consensus around his approach to manage economic risks.
Prediction: If labor market data continues to disappoint, another substantial rate cut could occur in the future, as Powell aims to ensure a soft landing for the economy.
12.
Title: Gold price consolidates below all-time peak, awaits Fed Chair Powell’s speech
Source: Investing.com
Problem: Gold prices are confined below their all-time peak due to rising US yields and a strong USD, creating uncertainty in the market.
Solution: Traders are awaiting comments from Fed Chair Jerome Powell and other influential FOMC members, which may influence expectations for another 50 bps rate cut in November.
Result: Current gold prices are stable around $2,650, supported by dovish Fed expectations and geopolitical tensions, despite technical indicators suggesting overbought conditions.
Prediction: Upcoming economic data and Powell’s speech will be critical in determining gold's direction, with potential fluctuations as traders evaluate the likelihood of further rate cuts and their impacts on market sentiment.
#banknifty - 24th September !Support and resistance are key concepts in technical analysis used to identify potential price levels where assets may reverse or stall.
Support:
-Definition: A support level is a price point where buying interest is strong enough to overcome selling pressure, preventing the price from falling further.
- Indicators: Support levels can be identified through historical price data, trend lines, or moving averages.
- Behavior: When a price approaches support, it may bounce back up. If broken, it can become a new resistance level.
Resistance:
- Definition: A resistance level is a price point where selling interest is strong enough to overcome buying pressure, preventing the price from rising further.
- Indicators: Similar to support, resistance levels can be identified through past price action, trend lines, or moving averages.
- Behavior: When the price approaches resistance, it may retreat. If broken, it can turn into a new support level.
Importance:
- Trade Decisions: Traders use these levels to make buy or sell decisions, set stop-loss orders, and identify potential profit targets.
- Market Psychology: Support and resistance levels reflect market sentiment and the balance between supply and demand.
Understanding these concepts can enhance trading strategies and improve decision-making.