Today we're going to start taking apart the third and final report that the company publishes each quarter and year - it's Cash flow statement. Remember, when we studied the balance sheet , we learned that one of the company's assets is cash in accounts. This is a very important asset because if the company doesn't have money in the account, it can't buy raw...
From past 4 years stock was trading in a downtrend. But some significant changes would have taken place in the company in recent 2 years, leading to price recovery and triangle pattern formation with strong resistance faced around 130 to 140 levels. Stock had given breakout from this level in the month of November with a good volume and started consolidating...
Here we have plotted possible Elliott wave counts of Nifty spot chart on hourly time frame, we are assuming equality level of (W) and (Y) near 16600 levels. Currently we are unfolding wave (Y) in which we are still in wave v of wave A near yet to complete, post wave A we are assuming to start wave B, which can just be counter trend rally, and also it can generate...
SUNTV Key highlights: 💡⚡ ✅On 1hr Time Frame Stock Showing Breakout of Falling wedge Pattern . ✅ Strong Bullsih Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 460+. ✅Can Go Long in this stock by placing a stop loss below 426-. ✅breakout this can give risk:reward upto 1:6+.
Hello everyone! Did you know that you can integrate tweets into your TradingView charts? If not, you're in for a treat! In this visual guide, we will show you how you can enhance your charts by seamlessly incorporating tweets. 🙂 But first, let us show you an example of how incorporating tweets in your charts can make them more interactive and informative. ...
The stock market can be an exciting and potentially lucrative place to invest, but it also carries significant risks, particularly in the futures and options segment. While the potential for high returns is a major draw, it is essential to understand the risks and take appropriate measures to manage them effectively. Risks in Futures and Options Segment ...
Hello All Welcome to our Live Session Let's discuss Nifty & Bank Nifty Charts and try to find some best risk to Reward and Profitable Trades for the day. We wish you all the very best and hope you all will learn something valuable.
From Jul'22 low of INR 877 prices have retraced to Fibonacci 61.8% retracment level positioned at 1150 zone and formed a potential double top structure. Prices have also formed a Rounding Top pattern whose neckline is in the region of 1101-1100. The measured target for the pattern is coming in the region of 1050-1045 where its 200-EMA is also positioned As per...
Trading day 24/2/23 "The global market indicates a positive start. The market's nature is moderately bullish, and it may start with a gap-up. After that, if the market is rejected around the major resistance, we can expect a correction. Alternatively, if the market consolidates that zone, it's a sign of pullback continuation. On the other hand, if the initial...
Hello friends I am sharing the commodity silver daily chart for educational purpose for that as we can see that 63000 zones was a hazardous resistance for it and after hitting all time high of 72700 levels it looking to came down for retesting the 63000 zones as all we know that if price is trading above the previous resistance zone then that price can become...
Hey everyone!👋 Trading & investing is not easy. If it were, everyone would be rich. Here are a couple of time-honored tips to help you get back to basics. Lack of knowledge 📘 Many traders jump into the market without a thorough understanding of how it works and what it takes to be successful. As a result, they make costly mistakes and quickly lose money. ...
Hey everyone!👋 Risk management is an essential part of successful trading as it helps in identifying, assessing, and mitigating potential risks that may arise from various factors such as volatility. Whether you are a day trader, swing trader, or scalper, effective risk management can help you in protecting your capital, and minimising losses while maximizing...
SUPREME INDUSTRIES Technical analysis Short term ,Daily Chart . Chart looks strong in all time frame , now Life time high just today . All over very strong chart for multi year also. Do your own study , this is only educational purpose.
Timeframe: Daily NSE ABFRL has been forming into the corrective formation for more than 15 weeks. This manner of the price is corrective because it is falling steeply into the channel. As per the rule of the channel, the corrective wave respects the channel because they don’t have the power to break out from the parallel lines. The impulse breaks the channel,...
In the previous post , we began looking at the Income statement that the company publishes for each quarter and year. The report contains important information about different types of profits : gross profit, operating income, pretax income, and net income. Net income can serve both as a source of further investment in the business and as a source of dividend...
#Watchlist #GANESHBE (W):- Looking good for a 180/185 target with volume only above 250/300++. #Disclaimer:-View shared it for educational purposes only.
Hello friends I am sharing the hourly time frame chart of Nifty Finance and it seems that is trading in a Symmetrical Triangle pattern nowadays with taking a resistance on upper line of triangle and support from the lower line of triangle now it gives a Breakout from upper trendline resistance of the triangle so we can make a long in it for the targets of 19000...
An ascending scallop pattern is a bullish continuation pattern that appears near the top of an uptrend. It's characterized by a rising price trend, followed by a short-term retracement, and then another rise to form a higher peak. This creates a scallop shape on a stock chart. Currently the price of Rose is trading in the range of 0.08373, If pattern continues it...