Gold entering mid term selling in profit booking zone...The daily order flow analysis for gold indicates a positive delta of approximately 24K on a spinning candle, suggesting indecision in the market. This signals that the recent 3-day gold rally is losing momentum, with no significant profit booking observed yet. However, immediate aggressive buying seems to be taking a pause. As a result, intraday selling pressure appears likely in the near term.
Selling gold is seen on cards.
Contains image
Biggest IPO of INDIA Hyundai Motor : Risk factorsThe Hyundai Motor India Limited IPO, which commenced on Tuesday, October 15, 2024, is generating considerable buzz. The public issue closes on Thursday, October 17, 2024, making tomorrow the final day for subscription. As of the second day, the IPO has achieved a 42% subscription rate (based on BSE data). Let's delve deeper.
Key Highlights of the IPO:
Launch Date: October 15, 2024
Closing Date: October 17, 2024
Current Subscription (Day 2): 42% (BSE data)
Significance: Largest IPO in India to date, surpassing the LIC IPO
IPO Type: Entirely an "Offer for Sale" (OFS)
Understanding the Offer for Sale (OFS)
Nature of OFS: Existing shareholders, including founders, promoters, or board members, are selling their shares to the public.
Lack of Fresh Funds: The IPO is not raising new capital for growth or expansion. No new shares are being issued.
Questions to Consider:
Why is the company opting for a complete OFS instead of issuing new shares for growth? What does this suggest about the company's future plans?
What are the implications for future company expansion and innovation?
Concerns Over High Dividend Payouts:
Dividend Payouts: 178% in March 2024 and 229% in March 2023.
Possible Implications: While high dividends suggest strong profitability, they also raise concerns about the company's reinvestment strategy. Are profits being prioritized for shareholder payouts rather than business growth?
What This Might Mean for Investors:
Are current shareholders primarily looking to maximize profits from high dividends before offloading shares?
How does this dividend strategy impact the long-term sustainability and growth potential of the company?
Important Considerations
Before investing, carefully consider:
Thorough Research: Analyze the company's financial statements, strategic plans, and competitive landscape.
Risk Assessment: Evaluate the potential risks associated with the OFS structure and the high dividend payout history.
Investment Goals: Ensure the investment aligns with your financial goals and risk tolerance.
Final Thoughts:
The Hyundai Motor India IPO presents a investment opportunity, but it also carries inherent risks. The high dividend payouts and the OFS structure warrant careful scrutiny. Investors should conduct thorough due diligence and make informed decisions before participating. The impending deadline adds another layer of complexity, underscoring the need for a well-considered approach.
thank you for your support, your likes & comments.
Disclaimer: This analysis is purely for educational purposes and is not intended as a trading or investment recommendation. I am not a SEBI registered analyst.
RSI IndicatorThe best RSI settings are typically a 14-period timeframe with 70 as the overbought level and 30 as the oversold level. These settings can be adjusted based on specific trading strategies.
Low RSI levels, below 30, generate buy signals and indicate an oversold or undervalued condition. High RSI levels, above 70, generate sell signals and suggest that a security is overbought or overvalued. A reading of 50 denotes a neutral level or balance between bullish and bearish positions.
Nifty Intraday Analysis for 19th November 2024NSE:NIFTY
Index closed near 23455 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 88.90 Lakh
23500 Strike – 63.16 Lakh
23700 Strike – 56.76 Lakh
Put Writing
23000 Strike – 63.52 Lakh
23500 Strike – 52.89 Lakh
23200 Strike – 43.92 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 23650 – 23750 range and if index crosses and sustains above this level then may reach near 23950 - 24000 range.
BANK NIFTY INTRADAY LEVELS FOR 19/11/2024BUY ABOVE - 50440
SL - 50140
TARGETS - 50640,50900,51060
SELL BELOW - 50140
SL - 50440
TARGETS - 49950,49700,49500
NO TRADE ZONE - 50140 to 50440
Previous Day High - 50440
Previous Day Low - 50140
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 19/11/2024BUY ABOVE - 23500
SL - 23430
TARGETS - 23620,23730,23820
SELL BELOW - 23430
SL - 23430
TARGETS - 23350,23230,23150
NO TRADE ZONE - 23430 to 23500
Previous Day High - 23620
Previous Day Low - 23350
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Nifty moments for option trading 19/nov/2024Nifty moments for option trading 19/nov/2024
follow us for more updates information.
WELCOME TO ARROWINDEX
We're dedicated to providing you the best of Finance stock market , with a focus on dependability and Investment. We're working to turn our passion for Finance stock market into a booming online.We analyze Live Market and try to Provide learning information Content. All the Live Market views and charts .We hope you enjoy our Finance stock market as much as we enjoy offering them to you.Support and offering
Effective online education modules for all segments of traders
Customized portfolio tracker Online research & trading guidance
Entry and Exit support for:-
Intraday trading,Swing trading,Scalping,Position trading
Future & Delivery trading
Technical analysis
Fundamentals analysis
Fii & Dii data and reports
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.
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.
$JASMY Ready for Liftoff: 400%-500% Gains Ahead?SEED_DONKEYDAN_MARKET_CAP:JASMY is showing strong bullish momentum and is ready to break out on the Higher Time Frame (HTF). A significant move could be on the horizon.
Support Zone:
$0.018 - $0.016 remains a critical support level. If this zone holds, we could witness a massive 400%-500% upside move in the coming weeks.
Targets:
My current bull market target is $0.10.
Risk Management:
If the HTF candle closes below $0.015, it would signal weakness, and we can consider an exit strategy.
Keep an eye on SEED_DONKEYDAN_MARKET_CAP:JASMY as it gears up for a potential explosive move.
BANK NIFTY INTRADAY LEVELS FOR 18/11/2024BUY ABOVE - 50380
SL - 50140
TARGETS - 50640,50900,51060
SELL BELOW - 49950
SL - 50140
TARGETS - 49700,49530,49290
NO TRADE ZONE - 49950 to 50380
Previous Day High - 50380
Previous Day Low - 49950
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 18/11/2024BUY ABOVE - 23620
SL - 23500
TARGETS - 23730,23820,23920
SELL BELOW - 23500
SL - 23620
TARGETS - 23430,23370,23300
NO TRADE ZONE - 23500 to 23620
Previous Day High - 23730
Previous Day Low - 23500
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Shilpa Medicare - ATH BreakoutShilpa Medicare has given a ATH breakout and is looking very strong for a good upmove of 50%+ returns. Other factors:
1. Stock has given a Double Bottom Pattern as well and which coincides with ATH breakout.
2. Even in recent stock market turmoil, the stock has sustained and looking very strong.
3. Fundamentally, it has rising top-line and bottom line from last 9 quarters.
4. Its last TTM is the best.
5. Lot of developments are happening - green field plant is on track, tie-up with Europe's No. 1 company.
6. Both RSI & MACD on monthly time frame are positive
Cleaneasycharts provides weekly stock recommendation which ticks both fundamental & technical parameters. We provide Right Stock at Right Time at Right Price !! Keep following @Cleaneasycharts.
Cheers!!!
BANKNIFTY Corrected 4000 points Weekly chart ANALYSISHello Everyone,
as posted charts on 29th september,
Banknifty Rejection Candle from Channel Resistance line, RSI negative Divergence, Price is more than 3000/4000 point away from EMA 20& 50____After every trending move Price is reverse to its EMA line___Positional Sideways to small correction can expected.
now its corrected 4000 points and near to 50EMA but till looking weak if going to test 100EMA then 3 things going to happened 1st 100EMA test second 61% retracement done and breakout trendline retest possibilities as ahead of elections and USDINR is trading at its lowest of 84.40
indicate more volatality in near future. 49300, 48650,47500 is possible and important levels to watch
Long $BABA has been in a strong downtrend with mutiple and regular bad news over the past several months. Now, its come to a value zone with trendline technical support around 138-140. Also, the falling wedge pattern as depicted on the chart is complete. IMO with stops at 128, downside is limited and upside is open for long term investors
XRP/USDT 115% up and Still Target is $2 & $5CRYPTOCAP:XRP Breaks $1 After 3 Years: Is $5 Next? 🚀
#XRP Bullish Run in Full Swing
🔹 Ripple hits $1 – a massive achievement, especially after being delisted from the stablecoin list.
🔹 It’s been 1057 days (nearly 3 years) since XRP last touched $1
What's Next? #Ripple shows $5 potential in the current bull market, but consider booking profits above $2 for safety.
🔹 XRP is pumping hard after news of Gary Gensler's possible resignation following a Trump victory.
Performance Update:
🔹 XRP/USDT is up 66% since my breakout post.
🔹 Up 115% from our initial post.
Hope you’re riding the wave and enjoying the gains.
ABCAPITAL: Potential Short Setup with Key LevelsStock Name: ABCAPITAL
Entry Point: Considering a short position if the price breaks below today's low, supported by strong open interest (OI).
Stop-Loss (SL): Placed above candle high to control risk effectively.
Target: Near the next key support level or adjusted based on real-time price movement.
Disclaimer:
This analysis is shared purely for educational purposes and is not a recommendation to trade. Please perform your own research and consult a financial advisor before making any investment decisions.
ABB Breakdown Watch Stock Name: ABB
Entry Point: Considering a short position if the price breaks below today's low, supported by strong open interest (OI).
Stop-Loss (SL): Placed above today's high to control risk effectively.
Target: Near the next key support level or adjusted based on real-time price movement.
Disclaimer:
This analysis is shared purely for educational purposes and is not a recommendation to trade. Please perform your own research and consult a financial advisor before making any investment decisions.
Gold in buying zone.With better US news results even , Gold prices sustained over previous days low, which clearly shows buyers being accumulated on short term . Seems selling term is over for now and accumulation is ignited.
FX_IDC:XAUUSD
Gold is on rally again as its been 2 weeks now XAUUSD has faced good selling pressure, and profit booking.
We could assume that gold may be rising now and the near term selling pressure is over.