Voyager- Will it sink or sail in pride. Voyager as you all know is now being bid by FTX. There is a voting process till 29th Nov. It's in news all over and will soon be again.
VGX token is also kept forward as a sale of 10M$ which is a floor price set.
VGX is a lovely whales manipulation coin and its very silent as of now.
I see it pumping soon for an easy 2x approx. As TA wise it looks good around a support and exhaustion of selling. Also FA wise they might want to pump VGX for exit liquidity or even to get higher bid of VGX reserves by showing VGX strength in this market.
As of Oct 14, Voyager holds 60% of the total supply which I don't think they will sell or can sell. Other top holders are Binance with more than 10% of the supply and some bags by Gate and Coinbase too. Exit liquidity is inevitable IMO.
The token crashing to zero sounds tough, so let's try to get in this pump and dump.
DYOR, NFA and it's a risky setup not like any other low risk, we talking about this company's insolvency and debts and auction and whatnot.
Fundamental-analysis
Short Term Trade Idea (NATIONAL ALUMINIUM)
Materials
Metals - Aluminium
Smallcap
With a market cap of ₹13,471 cr, stock is ranked 288
Current price is less than the intrinsic value
Stock has been generating better return on equity than bank FD
Stock offers good dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Disclaimer : I am not a SEBI Registered Research Analyst so before your Investment Please Consult you Financial adviser.
Rising wedge pattern reversal in ZEEL.ZEEL
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of Rising wedge Pattern .
📊 It can give movement upto the Reversal target of above 290+.
📊There have chances of Breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong Upside rally upto above 350+.
📊 Can Go Short in this stock by placing stop loss below 260 or last swing Low.
Symmetrical triangle pattern breakout in CHOLAFIN.CHOLAFIN
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Breakout of symmetical triangle Pattern.
📈 Strong Bullish Candlestick Form on this timeframe.
📈It can give movement upto Breakout target of 865+.
📈 Can Go Long in this stock by placing stop loss below 705 or last swing low.
📈 Breakout this can give risk:reward upto 1:4+.
uptrend parallel channel pattern in ABFRL.TATACHEM
Key highlights: 💡⚡
📈 On 2Hr Time Frame Stock Showing Reversal of uptrend parallel channel Pattern .
📈It can give movement upto the Reversal target of 330+.
📈There have chances of breakdown of supportlevel too.
📈 After breakdown of support level this stock can gives strong downside rally upto below 296-.
📈 Can Go Short in this stock by placing stop loss above 360 or last swing High.
Bullish flag pattern reversal in TATACHEM.TATACHEM
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Reversal of Bullish flat Pattern .
📈It can give movement upto the Reversal target of 1190+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 1375+.
📈 Can Go Short in this stock by placing stop loss below 1120 or last swing low.
📈 After breakout this can give risk:reward up to 1:3+.
Symmetrical triangle pattern reversal in AUBANK.AUBANK
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Reversal of symmetrical Triangle Pattern .
📈It can give movement upto the Reversal target of 665+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 885+.
📈 Can Go Short in this stock by placing stop loss below 665 or last swing low.
📈 After breakout this can give risk:reward up to 1:3+.
Symmetrical triangle pattern reversal in GUJGASLTD. GUJGASLTD ( GUJARAT GAS LIMITED)
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Reversal of symmetrical Triangle Pattern.
📈It can give movement upto the Reversal target of 3250+.
📈There have chances of breakdown of support level too.
📈 After breakdown of support level this stock can gives strong down side rally upto -310.
📈 Can Go Short in this stock by placing stop loss Above 528 or last swing high.
📈 After breakdown this can give risk:reward up to 1:3+.
Bullish flag pattern breakout in CUMMINSIND. CUMMINSIND
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Breakout of Bullish flag Pattern.
📈 Strong Bullish Candlestick Form on this timeframe.
📈It can give movement upto Breakout target of 1590+.
📈 Can Go Long in this stock by placing stop loss below 1225 or last swing low.
📈 Breakout this can give risk:reward upto 1:6+.
Swing Trade in Power Finance Corporation Ltd
Financials
Specialized Finance
Midcap
With a market cap of ₹28,037 cr, stock is ranked 174
Current price is less than the intrinsic value
Stock has been generating better return on equity than bank FD
Stock offers good dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Triangle pattern breakdown in MINDTREE.In 30Min timeframe MINDTREE stock has given breakdown to triangle pattern with a breakdown entry below 3415- there are chances of going up to their Short target of 3250+.
Fundamentally good stock trading at the demand zone.Syrma SGS Technology gave a decent listing gain of 27-30% and thereafter went as high as 324 giving 78% returns.
This gem has corrected to 270 zones once from where it gained 38% and currently it is back at the demand zones of 270.
A Fundamentally good stock is available at nearly 50-60% less than its ATH. Can surely be accumulated for long and medium term.
Falling wedge pattern reversal in HEROMOTOCO.On 1h Time Frame Stock Showing Reversal Of Falling wedge Pattern It can give movement upto reversal target of 2640+. There have chances of breakout of resistance level too after breakout of resistance level this stock can gives strong upside rally upto 2900+.
[INTRADAY] #BANKNIFTY PE & CE Levels (20/10/2022)Today will be a gap down opening in BANKNIFTY. Expected opening near 40000 support Level. After opening if banknifty sustain above this level then possible reversal of 400-500 points upto 40450. And this rally can extend for another 400 points if it gives breakout of 40550 level. Any Major downside only expected in case banknifty starts trading below 39950 level.
Double Bottom pattern in ACCACC stock was trading in Falling wedge pattern for last few days on 1h timeframe. This stock has given a reversal entry from support level and reversal target is above 2285+(up to resistance level ) In case this stock is given a breakout then take breakout entry on the resistance level so this can be extended for up to 2360+.
Bullish flag pattern breakout in LTI.From last few day LTI the stock was trading in Bullish flag pattern in 1D timeframe and today the stock has given a breakout so its breakout entry can be above 4660+ and its long target up to 5835+
Falling wedge pattern ASHOKLEY.ASHOKLEY stock was trading in Falling wedge pattern for last few days on 1h timeframe. This stock has given a reversal entry from support level and reversal target is above 155+(upto resistance level ) In case this stock given a breakout entry on the resistance level so this can be extend for up to 172++.
Rising wedge pattern reversal in TATACONSUM.TATACONSUM stock was trading in Rising wedge pattern for last few days on 1D timeframe. This stock has given a reversal entry from support level and reversal target is above 870+(upto resistance level) In case this stock given a breakout entry on the resistance level so this can be extend for up to 1040+.