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Buythedip

SPIC long term investmentMulti year breakout stock : SPIC 🚀 Stock has broken out of its resistance trendline connecting the highs during ipo of the stock in 1999 , pattern looks more of like a breakout retest in 12months time frame Fundamentals of the stock are also good : # Low debt co # Stock trading at a very low PE ratio of 4.5 # Constant growth year on year , boosting EPS # Promoter holding of 50% # Excellant cash flow , CFO/PAT of 2.3 # Reserves and Assets increasing 👉 Overall the stock is both fundamentally and technically very strong , looking very good to me for a multi bagger returns in long term , will be buying the stock on every dip as long as its trading above 50rs , no targets in the stock , upside is completly open
NSE:SPICLong
by sniper1290
NIFTY50 trend analysisNIFTY50 index has approximately fallen 1500 points from all time highs of 18900 levels and a possible reversal is coming from major support areas of 17200 to 17000 , there maybe a start of another rally towards all time highs and also towards 20k levels in the index . A good bottom formation and a breakout of highs can give confirmation of a trend change , so for now nifty is highly possible to reach levels of 17200 from current price and am expecting a rally from 17k-17200 levels NSE:NIFTY
NSE:NIFTYLong
by sniper1290
Cardano to moon again!Hey everyone, We are currently in our buying zone of Cardano, which I discussed in the previous idea. If you haven't viewed it yet, go chack it from the link below. As discussed in the previous idea, $ADA went bearish after a consolidation of 1 month. Now, it is nearing a very strong demand zone, which can result in a trend reversal. The trend reversal might come with the formation of reverse head and shoulders pattern, which might end up in breaking the red trendline, and the pullback to the trendline will be the main place to enter the long position. But, if it breaks the demand zone, we might a further move downwards. Many things depend on the move of Bitcoin too. Trade safe, be alert to add some positions in the next dip. Thank you!
by theTAguy
BTC movement in continuation to update dated 21 Sep 2021 Time frame- 4H Exchange- Binance Coin- BTCUSDTPERP Chart includes the following Indicators 1. My own Custom Indicator - " Raptor Super Indicator " As per the above indicator composition: The current price level is already below EMA-13, EMA-21 & EMA-200 => Highly Bearish The current Parabolic Support and Resistance levels shows downward movement => Bearish 2. Yellow thick trendlines shows a breakout from the downtrend of yesterday, now moving sideways in a range bound manner as depicted in a Rectangular region. => still bearish as in downtrend movement. 3. Gann Fan Indicator Support area in which the current candles lies - at support of (line 8/1) => In negtive zone(bearish), if it's price breaks this Gann Fan support Line price along the move, then BTC will enter in a Highly Bearish zone that is below line 8/1 and can further go down till the price Support level S2- $36192 as shown in the chart by PIVOT indicator (Horizontal Support and Resistance Lines) 4. Fibonacci Retracement Indicator: The last Price support level - $ 37291. The current movement shows that the Bitcoin price might come to this level, if not may be retraces back upward from - $ 37500. My overall Technical Analysis says highly bearish , I may be wrong, but it may have a chance to go upward from current Gann support line otherwise doom is here tonight. We know the expected scenarios, now just have to be safe in this dump if it comes. Not a financial advice. Do your own research before investing . Do not trust me as the username says. Cheers and Happy Trading Fellas....
Short
by DoNotTrustMe
TRB will bounce back good for sure after BTC correction is overUsed Gann Fan and Fib to check it's uptrend areas and how smooth it will go as per trend. Perfect time to buy this one in the dip. Further dip will be coming and will end by tomorrow morning. So yeah buy in parts and average your trade position accordingly to have a smooth profit journey when trend is back on it's course. Seems like a good opportunity to me in this dip Not a Financial advice though. Do your own research before buying. These are my own views as per my trade strategy. Learn and Earn. Cheers & Happy trading peeps....
Long
by DoNotTrustMe
Gains of 60 days wiped off in a DAY! #buythedip 🚀🚀Chasing the news is not a good stock-picking strategy for the individual investor. Soon, traders may decide that Tata Motor's price has fallen lower than its fair price... They will buy it, driving the share price up. This is one reason why so-called conservative stock pickers prefer a buy-and-hold strategy. They can ignore the hour-to-hour noise, confident that a good company's stock will, over the long run, go up.
NSE:TATAMOTORSLong
by DalalStreetTrader
4
How to categorize trends?In times like these when markets are moving down so much from the high point, it is important to understand this chart. In a Bull market, the market consistently makes higher highs and higher lows. When the market starts moving lower, people start fearing an incoming bear market or a crash. But it is important to note that, if the market is down <10% from all time high, it is not enough to be considered a correction. A correction is when the market is trading between 10% and 20% lower from the all time high. Currently Nifty 50 is only down 7.5% from the high point. Hence, it cannot really be termed as a correction yet either. A bear market is defined when the prices are trading more than 20% from the all time high. This point is very very far away for Nifty and it would have to go down below 12,350 for it to be considered a bear market. In my opinion, if one is a long term investor, all dips on the market are good opportunities to start buying more shares. It is not possible for any one predict and buy right at the bottom of the dip. Hence, I consider the current market situation to as a time to accumulate small quantities of stocks which you can keep adding to if the market dips further.
NSE:NIFTYEducation
by ArcherDAVIS