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Fundamental Analysis

EURUSD: Bears seek confirmation from “Double Tops” and US NFPEarly Thursday, EURUSD prints a five-day losing streak, reaching its lowest point in three weeks. The Euro pair traders are holding their breath for the September US employment report, especially after strong data from ADP and hawkish comments from Fed Chair Jerome Powell. Sellers approach key supports In addition to strong US data and hawkish remarks from Fed Chair Powell, softer inflation in the Eurozone is adding pressure on the EURUSD pair. A clear drop below the 50-bar Exponential Moving Average (EMA) keeps bearish sentiment alive. Plus, the lack of an oversold RSI (14) and bearish signals from the MACD suggest further weakness ahead. Important levels to watch With the EURUSD pair breaking below the 50-EMA and facing bearish technical and fundamental factors, it looks poised to test the previous monthly low around 1.1000. However, a six-month-old support line will likely challenge sellers around 1.0980. Importantly, the convergence of the 100-EMA and an ascending support line from late June, near 1.0960, is a crucial level to monitor. A drop below this level could push prices toward the target of the “Double Tops” pattern, around 1.0800. Alternatively, the 50-EMA around 1.1045 serves as the immediate barrier for any recovery in the EURUSD pair. If the bulls can break through this level, they’ll face further resistance at 1.1100 and the “Double Tops” around 1.1200. A push above 1.1200 would challenge the current bearish trend and open the door for buyers to target the 2023 peak of approximately 1.1275. Bears reign is about to be challenged Overall, the EURUSD pair looks bearish in the short term, but there’s limited downside potential before reaching crucial technical levels. This means upcoming data and events will play a vital role in determining the next move.
by MTradingGlobal
PARAG MILK RR 1:5Parag Milk Foods is a well-known dairy company in India, recognized for its wide range of milk and milk products. They offer products like cheese, butter, yogurt, and ice cream, catering to both retail and institutional markets. The company emphasizes quality and sustainability in its operations, often promoting its use of advanced technology in dairy farming and processing. good volume and there is chance of rate increase in milk and milk product which improve margin. GOOD RR CMP: 200 TARGET : 335 SL : 169 CLOSING BASIS
NSE:PARAGMILK
by pronak101
An Rising Question of " War " in Mind I have seen Many Analyst in my Life , they fear talking truth The chart suggest we will likely to enter in war type situation, where our reserve may get depilated faster manner , In other words we don't need so much of Dollar Reserve if we are heading towards Independent INR based Global Currency , There will be some Issue in currency war and there will be actual war which is sitting as hotspot since 2020 which one it will be i have no idea , in Dec 2024 mostly it will clear the air This entire view is my personal view one should not take it seriously in case they any other views Thanks
ECONOMICS:INFER
by ShreeKrishna_F
IMPORTANT Macroeconomics: What is the trade balance?IMPORTANT Macroeconomics: What is the trade balance? The trade balance is an important economic indicator that can have a significant influence on the stock markets. Here is a simple explanation of this concept and its potential impact: What is the trade balance? The trade balance represents the difference between the value of a country's exports and imports over a given period. In other words: - If a country exports more than it imports, its trade balance is in surplus (positive). - If a country imports more than it exports, its trade balance is in deficit (negative). Impact on the stock markets The influence of the trade balance on the stock markets can vary depending on whether it is in surplus or deficit: Trade balance surplus A trade surplus can generally have a positive impact on the stock markets: - It indicates strong competitiveness of domestic companies in international markets. - It can strengthen the value of the national currency, which can attract foreign investors. -Exporting companies may see their shares increase in value. Trade deficit A trade deficit can have a negative impact on stock markets: -It can indicate a weakness in the domestic economy or a loss of competitiveness. -It can weaken the domestic currency, which can discourage foreign investors. -The shares of companies dependent on imports may be negatively affected. Important nuances It is crucial to note that the impact of the trade balance on stock markets is not always direct or predictable: -Overall economic context: Other economic factors can attenuate or amplify the effect of the trade balance. -Investor perception: The reaction of the markets often depends on how investors interpret the trade balance figures in relation to their expectations. -Specific sectors: Some sectors may be more affected than others by changes in the trade balance. In conclusion, although the trade balance is an important indicator, its influence on stock markets must be seen in the broader context of the economy and investor sentiment.
BITSTAMP:BTCUSDEducation
by Le-Loup-de-Zurich
Possible upside if maintains 666 & 630 on weekly MSTC 1) 666 can act as double bottom and after spending some time can start an up move which should be followed by some decent volumes. 2) 61.8% Retracement completed. 3) For long term investors - 630 Weekly strong support. 4) Risk reward becomes favorable but next qtr concall will decide the future for the company fundamentally. Loosing coal India as business resulted in overreaction or management will be able to digest and recoup the loss caused due to coal india.
NSE:MSTCLTDLong
by ChiragSinghvi
GSPL - Gujarat State Petronet LtdGujarat State Petronet Limited is a Public Limited Company incorporated under The Companies Act,1956. Further it is a Government Company u/s 2(45) under the Companies Act,2013. Gujarat State Petronet Limited alongwith its subsidiaries is primarily engaged in transmission of Natural gas through pipeline. Further it is engaged in business of implementing and operating City Gas Distribution and generation of electricity through windmills. Fundamentals Market Cap - ₹ 24,368 Cr. Promoter holding - 37.6 % FII holding - 15.8 % DII holding - 23.6 % Public holding - 21.0 % Debt - ₹ 140 Cr. Debt 3Years back - ₹ 2,003 Cr. Good to buy at current price and bottom.
NSE:GSPLLong
by isagar_chauhan_
BUY TODAY SELL TOMORROW for 5% By Kapil-MittalDON’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 JAYASREETEA BUY TODAY SELL TOMORROW for 5%
NSE:JAYSREETEA
by Kapil-Mittal
2
TURNING BULLISH: ALOK INDUSTRIESAlok industries has been ìn a downtrend since Jan 2024. On weekly chart, it took strong support on 50 EMA around 25 levels and gave a good breakout with volume in third week of Aug 2024. However. the breakout was not supported well. The pullback was strong enough and again reached below 25 levels. In the last few sessions, it has renounced to previous levels of 27 with good volume. For the script to remain bullish, 20 EMA (Black line) has to cross above the 50 EMA (Orange line) with good volume. Resistance levels: 29, 32, 35, 38 Support levels: 25, 23 Pros: MACD Crossover Above Signal Line. Increasing profits every quarter for the past 2 quarters. Company with Zero Promoter Pledge. FII / FPI or Institutions increasing their shareholding.
NSE:ALOKINDSLong
by shanmurali
Bitcoin Swing Long Update & Levels- Bitcoin is currently trading at 61,739$ - Bitcoin has filled my Fair Value Gap, I want to see the reaction and its behavior after this - We can see a Market Structure shift below 57,500 if we witness a weekly candle below that and the structure is going to turn bearish - Watch out for Spot Accumulation around 58,000-60,000$ - Bitcoin can move impulsively from here as well if the War news gets digested and we see markets bouncing back by next week - The first 2 weeks have always been bearish for the overall crypto market so we need to factor in the same.
BITSTAMP:BTCUSDLong
by VKtradesimbalance
GBPUSD: “Rising Wedge” signals selling pressure on PoundGBPUSD experienced its biggest decline in a week the previous day as the US Dollar strengthened ahead of the September jobs data. The Pound Sterling tested a bearish rising wedge pattern but managed to bounce back from the lower line of this formation. Despite this slight recovery, traders are cautious and watching closely as they await the US ADP Employment Change report on Wednesday, followed by the important Nonfarm Payrolls (NFP) data on Friday. Sellers flex muscles… Besides the US Dollar’s rebound before the key US data, bearish MACD signals also keep the GBPUSD sellers hopeful. However, the nearly oversold conditions of RSI (14), the quote’s sustained trading beyond the 200-SMA, and downbeat expectations from the US statistics suggest a long and bumpy road for the bears. Technical levels to watch… If GBP/USD falls below 1.3240, it will confirm a bearish rising wedge pattern, making this level critical for traders. Another important support level is the 200-SMA at 1.3180. Should the pair break below this, it may target the horizontal support zone around 1.3030, with 1.3000 serving as a psychological level. Further declines could lead to August's low near 1.2665 and possibly down to the wedge's target of 1.2370. On the upside, the GBPUSD pair faces resistance at 1.3310 and 1.3360, with the latest peak around 1.3435. If the pair breaks above 1.3435, it will encounter the top line of the rising wedge near 1.3465. Successfully moving past 1.3465 could set the stage for a rally toward the February 2022 high of about 1.3645. Expect a price pullback, but not a significant drop Overall, the GBPUSD buyers appear to be losing momentum, with sellers positioned near the bottom of the wedge and the 200-SMA. However, potential weakness in US data and several support levels make it challenging for sellers to gain full control.
by MTradingGlobal
Vilas Transcore limited Vilas Transcore limited market cap- 997 CR Promoter -holding -73.17 % FII - 4.99 % DII- 5.47 % Public - 16.37% operating profit showing steady growth ROE -15.1% , ROCE -20.8%. Business : Electrical lamination products - mainly Power transformer CRGO core . coils etc The Indian power sector is experiencing significant growth, and companies involved in transformers and related products stand to benefit, especially with the push toward infrastructure development and renewable energy integration. Identifying companies with strong management and operational efficiency in this space could be a better investment opportunity Technical analysis Fib level support from 50% - expecting this level as a strong support Lets analyze the stock in coming days Cautionary note: Support / resistance levels may vary based on market conditions .so this is not a recommendation to buy or sell, but rather a signal to watch the stock for future trading opportunities. It's essential to monitor the stock in the coming days to see if the price action fits your entry criteria and aligns with your strategy. disclaimer :This is not a buy sell recommendation - only for study purpose .
NSE:VILAS
by faizalummmer
3
LXCHEM LONG | TECHNO FUNDAMENTALSHello fellow Investors and Traders, Investing is an Art and Analyzing is the artwork LXCHEM is poised at a crucial pivot point. Golden Cross on Daily Timeframe is a good indicator of momentum Stock has tested the critical selling levels of 320 and shown a sharp pullback towards the support levels of 290 ( Complete dominance of Sellers exhibited) 290 levels mark the presence of Buyers. It will be interesting to watch the stock spend some time here and that will show the strength of buyers and level Close above 290-300 range would establish the trade initiation This is a mid-term positional trade and hence patience is expected for returns Stop Loss is approx. 9-10% at 266. 50EMA and 200EMA will prove as string supports and hence SL place a few points below T1, T2 and T3 are marked on charts Potential Returns approx. 33% R2R 1:3.3 Note on Fundamentals : Key Ratios and Fundamental Health Checks look good as well Plan Your Trades and Trade Your Plan...I'll Keep this forum update when I jump In
NSE:LXCHEMLong
by FourSTechnicalAnalysis
SEPCSEPC (Shriram EPC Ltd till February 2021) was incorporated in June 2000. The company became majority owned by Mark AB since September 2022 post infusion of Rs 350 crore. SEPC specialises in executing EPC contracts, providing integrated solutions encompassing design, engineering, procurement, construction and project management services in water, process and process and metallurgy, and infrastructure segments. Market Cap - ₹ 4,641 Cr. Promoter holding - 33.9 % FII holding - 0.52 % DII holding - 22.5 % Public holding - 43.1 %
NSE:SEPCLong
by isagar_chauhan_