Fundamental Analysis
XRP, pioneer of the first crypto wave. How's now?XRP, along with BTC and ETH, was one of the first assets I started to know the crypto market.
With his historical path, the foundation for the crypto development in the past 10 years, and pioneer in the fight with the SEC and Central institution. Ripple was born in 2012, followed by XRP Ledger, and it was the first decentralized blockchain to offer solutions and tools to developers.
XRP works with several languages such as Java and Phyton. If every crypto, to survive, must have a utilization purpose, Ripple’s one is to be the blockchain for business.
The ledger technology and the federal consensus mechanism, put ripple on the podium for the historic importance. It was the first crypto to propose a technology to integrate the fiat with the crypto, the CBDC.
But, why is Ripple still struggling to find a solid growth trend?
The 2021 spike coincides with the altcoin seasons, and for now, seems that Ripple will join the party even this time. With an increase of over 300%, ripple has come back into the altcoin landscape. But we have already seen that it grows as fast as it will drop.
My thoughts are that XRP is meant to be a translator between crypto and fiat, between decentralized and central banks. Its normal price channel is around 1$, which would make perfect sense, if it would not have one of the highest volatility, kept above 100%, nonetheless, its funding was more than ten years ago.
Is it a worthy investment? For its uniqueness and historic path, ripple is in my portfolio. So far yes.
It has respected the strategy and the last day's drop, did not turn the bullish curve. Perfect reaction to the trendline and it coincides with 0.382 in fibo weelky. Patternwise we are creating a M-shape, even if the general opinion is more oriented to a pennant shape. Anyways, it’s a bullish market for Ripple.
My TPs are $3.3550, $4.000, and $4,400 in this next alt season. But, what’s concerning me is that awful cup pattern forming in the past week. What does it mean? I don't know but, as long as its trend is respected, I am still bull on this asset. We wait for the reaction at the 618, @1.90. Just the historic higher high in the context.
when technology overpass the monetary purpose It’s the time of TON, the ultimate favorite crypto, The Open Network.
I am very enthusiastic about this crypto due to its revolutionary aspect and underlying technology. The 2-blockchain system can resolve a few gaps left behind by past projects. Insure safety and scalability, without sacrificing speedy or increasing transaction costs.
I am a newbie on this network and we have just learned that it recovers all inefficiency left behind without space for a gap or liquidity void. Ergo, every time we see TON increase, stop the price on the spike, cause if it drops, it’s not going to stop at 61%. If LUNC created a cup shape, and the ripple has retraced at 618, TON just drops or hikes. But we must understand why it dropped… even if there is no sense, apparently.
So, despite all the other coins, TON November was ranging, from 9th till 23rd. On Nov 20th it started its bullish phase. Gaining almost 40% in 14 days.
But still, why this drop? In my opinion two reasons behind this. First is liquidation at 7$, Second, escaping from the trap. In a period when everyone is collecting their ATH (all-time high) Ton failed, and did not reach its last higher high at 7.26$.
Due to this reason, tons of TON were liquidated at the psychological level of 7$. Both take profit set there and stop loss set below the last higher high.
I like ton technology, but its circulating supply is just half of the total available, which means that a whale probably owns it, and they can potentially abuse it and manipulate the market.
So, is TON a good investment? In my opinion, yes. It is. Once we have a technology innovation, we just have to be patient enough to wait for the revolution to come itself.
The predictions are good, following a positive instinct regarding the expansion of dApps. But I am still working on its levels.
Kiriindus Fundamental -
Company sale & eps growth stable from last 2 quarter,
Also promotors bought, increase stake from 26 to 31% current last quarter
Fii sell from last 2 quarter
Dii bought from last 2 quarter
Stock PE look affordable trading at 12PE
Technically Stock create high tight flag , sustain above ema's,
550 below maybe weakness start.
Causes -
MARKET BREATH IS LOOK OVERBOUGHT, IF ANY CORRECTION SHOW IN INDEX THEN MAYBE STOCK RETEST 574 area .
- ALSO STOCK CURRENTLY TRADING AT NEAR STRONG RESISTANCE ATH,
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in BLISSGVS
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in KABRAEXTRU
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Cup and Handle Breakout in KSL
BUY TODAY SELL TOMORROW for 5%
Keep Buying Hyundai!!Keep Buying Hyundai, this is not less then a golden opportunity for a long term investor to invest in hyundai motor india, as the company's stock price is trading at a Good discount price from it's IPO Price. Company's Fundamentals are Pretty Nice and Company is expected to Give Good Quarter as well as Year-on-year Profit and EPS Growth. it wont be Shocking for me to See Hyundai become the next Maruti in coming 2 or 3 Years.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in CEATLTD
BUY TODAY SELL TOMORROW for 5%
Manappuram Finance Value Buy, Big cup pattern.Manappuram Finance recently got tumbled due to RBI ban on its microfinance arm ashirwad finance.
But promoter of company has bought stock at 170 before it got happened, PE 6, PB of 1.2. Company is taking necessary precautions to lift ban of RBI.
They are pioneer of good loans in INDIA.
Currently this stock offers good margin of safety. The company has ROA of above 4% , however they are taking necessary actions to reduce NPA levels.
Stock Analysis: Paramount Communications LtdIntro
Paramount Communications Ltd. is involved in the manufacturing of wires and cables comprising of power cables, telecom cables, railway cables, and specialised cables. Clientele includes Indian Railways, BSNL, RailTel, Tata Projects Limited, Adani Renewables, Adani Power, L&T, Siemens, etc.
Fundasmentals
Market Cap: ₹ 2,378 Cr.; Stock P/E: 24.5 (Ind. P/E: 37.52)
ROCE14.7 %; ROE18.4 %
Compounded Profit Growth 3 Years: 202%
Compounded Sales Growth 3 Years: 27%
Technicals
The stock has been trading in a box pattern for over five months.
It has strong support around 69, followed by 63 and 48 levels.
Resistance levels: 86, 98, 116 levels
In the last couple of sessions, the stock showed a positive volume spurt, indicating interest among institutional investors.
For greater returns, the stock should trade above 87 levels in the weekly closing.
Similarly, 20EMA (black line) should cross above 50EMA level (orange line).
GBP JPY OrderFlow GBPJPY OrderFlow Analysis -
Intraday bias in GBP/JPY remains neutral first. While recovery from 188.07 might extend, further decline is expected as long as 55 D EMA (now at 194.07) holds. On the downside, below 190.33 minor support will turn bias to the downside for 188.07, and then 183.70 support.
Thank you
Bitcoin Bull Run Weekly Update & Commentary - Bitcoin is currently trading at 100,300$
- Bitcoin had a very volatile week where we saw Bitcoin purging 104,000$ and then flash crashing to 90,000$ and after that, we saw another expansion to 98,000$ this showed buyer's interest and limit buys were quite high which pushed the price higher in no time
- Bitcoin was overheated and this flash crash also helped the market to throw high-leveraged traders out of the market resetting the Funding rates
- Technically I see Bitcoins weekly closing is going to very important to understand the coming weeks we need a weekly closing above 100,00 to keep the momentum strong
- Important POIs are going to be 89,000$ and 77,000$
- If you are already holding BTC you can think about locking in 20% gains and rotating the same in ETH, Imo ETH will outperform BTC in the 1st quarter of 2025