Very much Bullish in Ganesh Housing Corp.I am holding in this shares, very bullish due to very positive result approx 85% OPM , Bullish real estate, Flag ka Break out , High volume , avoid for tomorrow because of very good result may be gap up, wait for deep, target 1300 in short time, I am not advice for buy and sell, do your own research, I am also hold in this share , just for education purpose only
Fundamental Analysis
Technical Analysis MACD HIstogram Key Takeaways
The moving average convergence divergence (MACD) is a popular momentum indicator that is used in technical analysis.
The MACD is calculated by comparing exponential moving averages in a security's price.
The MACD line is charted alongside a nine-day moving average of the MACD line, called the signal line, and a histogram representing the difference between these two curves.
Traders use the MACD histogram to anticipate changes in market momentum.
MACD analysis can still generate false price predictions. Experienced traders use additional metrics and fundamental analysis to support their forecasts.
This example should demonstrate how observing the MACD histogram can help anticipate changes in trends in both short-term and long-term price momentum. It is important for traders to learn to recognize these trends and not bet against them. Fighting a trend is a sure way to get pummeled.
Data Trading Part -1 It proves useful for assessing the depth and liquidity of specific strikes. It aids traders to find option premium against its corresponding maturity date and strike price. Option chain serves as a warning against breakouts or sharp moves in the index.
How It Works: A long straddle options strategy involves simultaneously buying a call option and a put option on the same underlying asset with the same strike price and expiration date. This strategy becomes profitable when the stock significantly shifts in one direction or another.
DATABASE TRADING WITH OPTION CHAINOption chain data is the complete picture pertaining to option strikes of a particular stock or index in a single frame. In the Option chain frame, the strike price is at the center and all data pertaining to calls and puts on the same strike are presented next to each other.
Traders use an options chain to choose the specific option contracts that best align with their trading strategy. They can select options with the desired strike prices and expiration dates based on their market outlook. Options chains are crucial for assessing and managing risk.
CHOLA Trade in the makingthis stock currently to me is in no decision zone, this is where it is difficult to determine its direction for future and it will be giving out direction within few possible weeks(my personal theory would be this stock on upside in future due to its stong fundamental position)
DMART for 35% (approx..) Potential GainAvenue Supermart is showing a potential breakout on symmetrical triangle pattern. its sales also increasing QOQ and PBT as well.
( www.screener.in )
All data is available in public domain..
CMP : 4300
TG : 5600
SL : Below 21 day EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
TATASTEEL for 45% (approx..) Potential GainTata steel is showing retest breakout... according to some theories RETEST STOCKS ARE THE BEST STOCKS...
All data is available in public domain..
CMP : 160
TG : 215
SL : 142
Stock's selection based on 5 Point Analysis:
1: Idea : Retest Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on day chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
Disclosure : going to Hold
ICICI bank clear channel support!It sounds like ICICI Bank might be at a key technical support level, often referred to as a "channel support" in chart analysis. If a stock is trading within a price channel, the lower trendline represents support, meaning it could be a point where buying interest comes in, preventing the stock from declining further.
Breakout Soon: Wipro "Wipro is showing strength after a solid Q2 performance, beating expectations! 🚀 Large deal booking is the highest in 10 quarters, and EBIT margin has expanded for the third consecutive quarter. The stock is up 4% today, and with this momentum, there's potential for further upside!
Stock is forming a triple top pattern, and once this key resistance breaks, it could present a strong buying opportunity! 📈 Keep an eye on it for a possible swing trade opportunity.
#Wipro #StocksToWatch #SwingTrade"
AUDMXN - SHORT TRADE FOR HUGE PROFITSymbol - AUDMXN
AUDMXN is currently trading at 13.32
I'm seeing a trading opportunity on sell side.
Shorting AUDMXN pair at CMP 13.32
I will add more quantity at 13.50, if comes & Holding with SL 13.65
Targets I'm expecting are 12.91 - 12.40 & 12.00
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Gold renews all-time high within bullish channel, $2,750 eyedGold prices soared to a record $2,710, marking four days of gains as investors flock to safety. Despite a stronger US dollar, gold has remained within a rising trend channel for the past three months.
Caution Ahead
While the bulls celebrate breaking through a three-week-old resistance level, the momentum indicators suggest a potential pullback. With the RSI nearing overbought territory, we might see a brief dip before another surge in prices.
Key technical levels to watch
Gold’s next challenges lie at the 50% and 61.8% Fibonacci Extension (FE) of the bullion’s September-October moves, respectively near $2,711 and $2,736, especially amid nearly overbought RSI conditions. In a case where the precious metal remains firmer past the $2,736 hurdle, the aforementioned bullish channel’s top line surrounding $2,750 will be a tough nut to crack for the buyers. A breakthrough there could spark a rally towards the psychological $3,000 mark, with potential resistance around $2,800 and $2,900.
On the contrary, Gold’s price has solid support at the $2,700 level and the 38.2% Fibonacci Extension around $2,686. If it falls below these, watch for a key support zone near $2,665, where the late September resistance and the 10-day EMA converge. Should XAUUSD bears keep the reins past $2,665, the channel’s bottom line of near $2,630 will be the last defense of the buyers.
Buyers are likely to stay in control despite a potential pullback
While a short-term pullback in gold prices appears overdue, the overall bullish trend is expected to hold strong due to global economic and geopolitical uncertainties.
What's the further directions of nifty 50Hi everyone..
You are the traders or investors. Simple ideas 💡 get decided what u think for market you will get looser or not.
Friends Nifty not for down trend . Nifty needed to travel support line.. When nifty reach support line for further up move start..
Frend you get think normal human.. You think and use mythological ideas for institutions, you need to follow institutions entry point and liquidity zone for further trading,