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Navin Fluorine Swing Trade Setup- Navin Fluorine is currently trading at 3429 - Navin Fluorine has an inefficiency of around 3200-3300 and you need to wait for the price to mitigate that - Navin Fluorine can easily fill the bullish Fair Value gap and inefficiency to balance the price and then finally move up - I will be keeping Navin Fluorine on my radar once it approaches my level - Advice: Money is made by sitting not trading, so wait for the right opportunity and then capitalise that's all I got for you folks.
NSE:NAVINFLUORLong
by VKtradesimbalance
1
LTCUSD TRADE IDEATrade Setup: Entry Point: Buy Litecoin at the current price or on a pullback to the 50% retracement level ($70.30). Target Levels: Partial Target: $70.30 (50% retracement level) Full Target: $71.52 (next resistance level) Stop Loss: Set a stop loss below the recent swing low, perhaps around $69.00, to limit potential losses. Risk Management: Use a position size that limits your risk to no more than 1-2% of your trading capital. Trade Rationale: Anticipate a bullish reversal at the 50% level. Targeting $71.52 allows for capturing the next significant resistance, with potential for further upside if momentum continues. Monitoring: Keep an eye on market sentiment and any relevant news that could impact Litecoin’s price movement. Adjust stop loss to break even once the trade is in profit. This trade plan outlines a clear entry, target, and risk management
BITSTAMP:LTCUSDLong
by BLUECAPITALTRADERS
Long Lunausdt. Good day, everyone! Today, I’d like to discuss a cryptocurrency that has recently caught my attention. The chart is quite clear, showing that the instrument has been consolidating on the daily timeframe for about a month now. As you may have seen from my previous posts, I typically follow the Volatility Contraction Pattern (VCP) by Mark, but I’ve adapted it by incorporating some of my own principles, resulting in a modified approach. Now, focusing on the instrument, I anticipate a strong move from its current levels. We've formed three distinct legs and are now positioned at the top of the range, which is a key area to monitor closely. I expect some consolidation over the next 1-2 days, followed by a potential 20% return on investment (ROI). This outlook remains valid as long as the 0.3990 level holds, which will serve as our stop-loss point. The target to aim for is 0.5313. Thanks for reading, and until next time! RaW^
Long
by TheWhiteTiger99
NATURAL GAS (THE - W CHART PATTERN ) #CLASSIC UPCOMING WEEK The W pattern, also known as the double bottom pattern, is a bullish reversal pattern that signals a potential change from a downtrend to an uptrend. Here’s a concise overview: W Pattern (Double Bottom) Definition: The W pattern forms when a stock’s price makes two distinct lows, separated by a peak in between, resembling the letter “W” on the chart12. Components: First Bottom: The price declines to a low point, indicating the end of the current downtrend. Middle Peak: The price then rises to a resistance level, forming the middle peak. Second Bottom: The price declines again, but this time to a higher low or the same level as the first bottom. Breakout: The pattern is confirmed when the price breaks above the middle peak with increased volume12. Trading the W Pattern Identify the Pattern: Look for two distinct lows with a peak in between. Volume Confirmation: Ensure the breakout above the middle peak is accompanied by high volume. Entry Point: Enter the trade when the price breaks above the middle peak. Stop-Loss: Place a stop-loss below the second bottom to manage risk. Target Price: Set a target price based on the height of the pattern (distance between the bottoms and the peak) added to the breakout point23.
CAPITALCOM:NATURALGASLong
by Faizgazi
JIO FIN (TRENDLINE BREAKOUT)Trendline Breakout Definition: A trendline breakout occurs when the price of an asset breaks through a trendline, signaling a potential change in the direction of the trend12. Types of Trendlines: Uptrend Line: Drawn by connecting higher lows in an uptrend. Downtrend Line: Drawn by connecting lower highs in a downtrend. Identifying a Trendline Breakout Draw the Trendline: Connect at least two significant highs or lows to form the trendline. Monitor Price Action: Watch for the price to break above a downtrend line or below an uptrend line. Volume Confirmation: A breakout with increased volume is more reliable, indicating strong market interest1. Trading the Breakout Entry Point: Enter the trade when the price breaks through the trendline with high volume. Stop-Loss: Place a stop-loss just below the breakout point for an uptrend breakout or above the breakout point for a downtrend breakout. Target Price: Set a target price based on the height of the previous trend or other technical indicators. Example Imagine a stock in a downtrend with a trendline connecting the lower highs. If the price breaks above this trendline with high volume, it signals a potential reversal to an uptrend.
NSE:JIOFINLong
by Faizgazi
METAL $ECTOR ON THE RUN (JSW STEEL ) MONTHLY BREAKOUT JSWSTEEL 1000 OCT OPTION SCRIPT MY PERSONAL TRADE FOR OCT Range consolidations and breakouts with good volume are key concepts in technical analysis. Here’s a concise overview: Range Consolidation Definition: This occurs when a stock’s price moves within a narrow range, creating a horizontal pattern on the chart. It indicates a period of indecision in the market. Identification: Look for a series of highs and lows that are relatively close to each other over a period of time. Technical indicators like Bollinger Bands can help identify these ranges. Breakout Definition: A breakout happens when the stock price moves outside its established range, either above the resistance level or below the support level. Volume Confirmation: A breakout with high volume is more reliable. Increased volume indicates strong interest and can confirm the breakout’s validity. Steps to Identify and Trade Breakouts Identify the Range: Use historical price data to spot the consolidation range. Set Alerts: Place alerts at the resistance and support levels. Volume Analysis: Ensure the breakout is accompanied by a significant increase in volume. Entry Point: Enter the trade when the price breaks out of the range with high volume. Stop-Loss: Place a stop-loss just below the breakout point to manage risk.
NSE:JSWSTEELLong
by Faizgazi
Technical Analysis of LME INDEX Based on Elliott WavesTechnical Analysis of LME INDEX Based on Elliott Waves The information provided in this response is based on the analysis of the Elliott Wave chart and does not constitute financial advice. The author is not responsible for any investment gains or losses incurred by individuals who rely on this information. Elliott Wave Theory is a technical analysis method that identifies recurring patterns in financial markets. These patterns, known as Elliott Waves, are based on the idea that human psychology and behavior drive market movements. Key Elliott Wave Principles: Five-Wave Impulse: A five-wave pattern that represents an uptrend or downtrend. Three-Wave Correction: A three-wave pattern that represents a pause or reversal in the trend. Fibonacci Relationships: Numerical relationships between different waves, often expressed as ratios (e.g., 0.618, 1.618). Analysis of the LME INDEX Chart: Based on the provided Elliott Wave chart, it appears that the LME INDEX is currently in the early stages of an impulse wave structure. This suggests a strong uptrend is underway. Specific Observations: Wave 1: The initial upwave has likely been completed. Wave 2: A corrective pullback also looking done. Wave 3: The next wave is expected to be a powerful extension of the uptrend. Impact on Commodities and Indian Metal Stocks: The LME INDEX is a crucial benchmark for the metals market. Its price movements can significantly impact the prices of individual metals and related commodities. Indian metal stocks, such as Vedanta, NALCO, and Hindustan Zinc, are directly influenced by the LME INDEX. Educational Purpose: It's important to emphasize that this analysis is for educational purposes only and should not be considered as trading advice. The financial markets are volatile, and past performance does not guarantee future results. Investors should conduct their own research and consult with financial advisors before making any investment decisions. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
LME:LMEXLong
by RK_Chaarts
Bajel - Reversal on Cards - Best above 262 Bajel's main focus is on building electrical infrastructure, especially for high-voltage power systems. They design, build, and maintain these systems for various clients, including government agencies and private companies. Looking ahead, Bajel has good opportunities due to India's growing need for electricity. As the country develops, there will be a demand for more power infrastructure, which could benefit Bajel. Recently, Bajel has won a new contract to build a substation and transmission line for a data center in Navi Mumbai. This is a significant order that shows their continued success in the electrical infrastructure market. The stock gave a RSI Breakout and One can enter above - 262 for targets of 300/325/400 with Stop Loss of 238
NSE:BAJEL
by jain_geetesh
Exide Bottoming out - Buy above 504. SL -458Exide Industrie s, a leading manufacturer of storage batteries in India, has made significant investments in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL). These investments are strategic moves to capitalize on the growing electric vehicle (EV) market and position Exide as a key player in the country's transition towards cleaner energy. The stock has given RSI Breakout and one can consider entering above 504 for targets of 580/675/750, with strict stop loss of 458 Key Points: Investment in EESL: Exide has invested a substantial amount in EESL, which is focused on manufacturing lithium-ion battery cells, modules, and packs. This investment aligns with Exide's commitment to the EV ecosystem and demonstrates its confidence in the future of electric mobility. Greenfield Project: EESL is currently setting up a greenfield plant in Bengaluru to manufacture and sell lithium-ion batteries. This facility will play a crucial role in meeting the increasing demand for advanced batteries in the Indian market. Growth Opportunities: The investment in EESL presents significant growth opportunities for Exide. As the EV market expands in India, there will be a rising demand for high-quality batteries. Exide's strategic positioning in the lithium-ion battery segment can drive substantial revenue growth and strengthen its market position. Synergies with Existing Business: Exide's investment in EESL can also create synergies with its existing business. The company's expertise in traditional lead-acid batteries can be leveraged to develop innovative hybrid and electric vehicle battery solutions. Government Support: The Indian government has been actively promoting the adoption of electric vehicles. This favorable policy environment provides a conducive environment for Exide's growth and expansion in the EV battery market.
NSE:EXIDEINDLong
by jain_geetesh
2
CRYPTO: How it works and how it is explained for beginners.CRYPTO: How it works and how it is explained for beginners. Here is a detailed explanation of the key concepts related to cryptocurrencies: Cryptocurrency Cryptocurrencies are decentralized digital currencies that use cryptography to secure transactions. Unlike traditional currencies, they are not issued by a central authority such as a bank. The main characteristics of cryptocurrencies are: -They exist only in electronic form -Transactions are made directly between users (peer-to-peer) -They use blockchain technology to record transactions -Their value fluctuates according to supply and demand Blockchain Blockchain is the underlying technology that allows cryptocurrencies to work. Its main features are: -It is a distributed and decentralized ledger that records all transactions -Each transaction forms a "block" that is added to the existing chain -The data is encrypted and impossible to modify once recorded -It works without a central authority thanks to a network of computers The halving The halving is a scheduled event that concerns certain cryptocurrencies such as Bitcoin. Its main characteristics are: - It halves the reward given to miners for creating new blocks - It usually occurs approximately every 4 years (every 210,000 blocks for Bitcoin) - Its purpose is to control inflation by gradually reducing the issuance of new units - It can have an impact on the price of the cryptocurrency by reducing the supply _____________________________________________________________ The different types of coins There are several categories of cryptocurrencies: Bitcoin: The first and best known cryptocurrency Altcoins: All cryptocurrencies other than Bitcoin (e.g. Ethereum, Litecoin) Tokens: Tokens created on existing blockchains, often linked to specific projects Stablecoins: Cryptocurrencies whose value is indexed to a fiat currency or a stable asset Memecoins: a cryptocurrency that comes from an Internet meme or that has a humorous, ironic characteristic, a joke as its origin. Each type of coin has its own characteristics and uses, but all rely on blockchain technology to operate in a decentralized manner. 10 minutes ago Comment Here is a list of the top altcoins, memecoins, and stablecoins to know in 2024: Major Altcoins: -Ethereum (ETH) -Cardano (ADA) -Solana (SOL) -Polkadot (DOT) -Ripple (XRP) -Litecoin (LTC) -Chainlink (LINK) -Polygon (MATIC) -Avalanche (AVAX) -Tron (TRX) Popular Memecoins: -Dogecoin (DOGE) -Shiba Inu (SHIB) -Pepe (PEPE) -Bonk (BONK) -Book of Meme (BOME) Top Stablecoins: -Tether (USDT) -USD Coin (USDC) -Frax (FRAX) -Dai (DAI) -TrueUSD (TUSD) -First Digital USD (FDUSD) -Decentralized USD (USDD) Altcoins are alternative cryptocurrencies to Bitcoin, often offering specific features or use cases. Memecoins are cryptocurrencies that were initially created as jokes but have sometimes gained popularity. Stablecoins are cryptocurrencies designed to maintain a stable value, usually pegged to a fiat currency like the US dollar. Each category has its own characteristics: -Major altcoins often aim to solve specific problems or provide platforms for the development of decentralized applications. -Memecoins are generally driven by their community and can experience high volatility. -Stablecoins seek to offer the stability of traditional currencies while retaining the benefits of cryptocurrencies. It is important to note that the cryptocurrency market is very dynamic and the popularity and value of these tokens can fluctuate rapidly
BITSTAMP:BTCUSDEducation
by Le-Loup-de-Zurich
BATAINDIA (MAYBE DOUBLE BOTTOM)A double bottom is a bullish reversal pattern that typically forms after a downtrend. It resembles the letter “W” and indicates that the stock price has hit a support level twice before moving higher. Here’s a breakdown of the pattern: First Bottom: The price falls to a new low and then rebounds. Second Bottom: After the rebound, the price falls again to approximately the same level as the first bottom, creating a support level. Neckline: The highest point between the two bottoms is called the neckline. When the price breaks above this level, it confirms the pattern. Key Points to Note: Volume: Volume often decreases during the formation of the pattern and increases when the price breaks above the neckline. Confirmation: The pattern is confirmed when the price closes above the neckline. Target Price: The expected price target after the breakout is typically the distance from the bottoms to the neckline, added to the breakout point.
NSE:BATAINDIALong
by Faizgazi
GUJ.POL INDUSTIRES (15 YEARS OF CONSOLIDATION )Gujarat Apollo Industries Ltd. - Fundamental Analysis Gujarat Apollo Industries Ltd. is primarily engaged in the manufacturing of mining and road construction machinery. Here are some key fundamental aspects of the company: Financial Overview: Revenue: The company has shown a decline in revenue over the past few quarters1. Net Profit: The net profit has been consistent, with a slight increase in the latest quarter1. Earnings Per Share (EPS): The trailing twelve months (TTM) EPS is around ₹101. Dividend: The company has declared a final dividend of ₹2 per share for the financial year 2023-242. Valuation Metrics: Price-to-Earnings (P/E) Ratio: The P/E ratio is 38.93, which is considered high1. Price-to-Book (P/B) Ratio: The P/B ratio is 0.961. Shareholding Pattern: Promoters: The promoters hold 54.64% of the shares1. Institutional Investors: There has been a slight decrease in promoter holdings recently1. Strengths and Weaknesses: Strengths: The stock shows strong momentum, trading above its short, medium, and long-term moving averages1. Weaknesses: The company has experienced declining revenue for the past three quarters1. Opportunities and Threats: Opportunities: Positive breakout potential and strong performer in its sector1. Threats: Decreasing promoter shareholding could be a concern1.
NSE:GUJAPOLLOLong
by Faizgazi
SASKEN Date 28.09.2024 SASKEN Timeframe : Weekly Remarks : 1 Formed rounding cup pattern previously & followed by M pattern structural breakout. 2 Based on negative divergence the breakout didn't sustained & retraced back to neckline of rounding cup. 3 Currently, having support of 60 Weekly ema & 38.2% of Fibonacci. 4 Todays there's huge fire broke out at Tata Electronics plant in Hosur & temporary there could be supply chain & distribution challenge/s. 5 Amid that SASKEN is one of the top competitor of Tata Electronics & could take benefits of that for time being. 6 Keep stop-loss at 60 weekly ema on closing basis. Regards, Ankur
NSE:SASKENLong
by AnkurSingh
1
ETH FLAG & POLE BREAKOUT RETEST A flag and pole breakout is a popular chart pattern in technical analysis, often used to identify potential continuation of a trend. Here’s a breakdown of the pattern: Components of the Flag and Pole Pattern: The Pole: This is the initial sharp move in price, either up or down, which forms the “pole” of the pattern. The Flag: Following the pole, the price consolidates in a small, rectangular range, forming the “flag.” This consolidation can be horizontal or slightly angled against the prevailing trend. Types of Flag Patterns: Bullish Flag: Occurs in an uptrend. The pole is formed by a strong upward move, followed by a consolidation period. The breakout from the flag typically signals a continuation of the uptrend12. Bearish Flag: Occurs in a downtrend. The pole is formed by a sharp downward move, followed by a consolidation period. The breakout from the flag typically signals a continuation of the downtrend3. Key Characteristics: Volume Pattern: Volume usually increases during the formation of the pole and decreases during the consolidation phase. A breakout is often accompanied by a surge in volume1. Breakout Confirmation: The pattern is confirmed when the price breaks out of the flag in the direction of the preceding trend4. Trading the Flag and Pole Breakout: Identify the Pattern: Look for a strong move (pole) followed by a consolidation (flag). Wait for the Breakout: Enter a trade when the price breaks out of the flag in the direction of the initial move. Set Targets: The target price is often estimated by measuring the length of the pole and projecting it from the breakout point12. Manage Risk: Place a stop loss just outside the flag on the opposite side of the breakout5.
Long
by Faizgazi
FLAG & POLE (INDIGO) WITH AWE$OME VOLUME The flag and pole pattern is a continuation pattern that indicates a strong trend in the market. Here’s a detailed look at how it works: Flag and Pole Pattern Pole: This is the initial sharp price movement in the direction of the trend, either upward (bullish) or downward (bearish). Flag: Following the pole, the price consolidates in a small, rectangular or parallelogram-shaped range that slopes against the prevailing trend. Breakout Bullish Flag: The price breaks out above the upper boundary of the flag, continuing the upward trend. Bearish Flag: The price breaks out below the lower boundary of the flag, continuing the downward trend. Trading the Breakout Identify the Pattern: Look for a strong price movement (pole) followed by a consolidation phase (flag). Wait for the Breakout: Monitor for a breakout above the flag’s upper boundary (bullish) or below the flag’s lower boundary (bearish). Enter the Trade: Enter a long position on a bullish breakout or a short position on a bearish breakout. Set Stop-Loss and Take-Profit Levels: Place a stop-loss below the flag for a bullish trade or above it for a bearish trade. Set your take-profit level based on the height of the pole.
NSE:INDIGOLong
by Faizgazi