HEIDELBERG CEMENT - CUP AND HANDLE PATTERN The stock has formed CUP AND HANDLE pattern
on the WEEKLY chart.
Wait for strong breakout with good volumes
One can enter above 248 with a strict Stoploss of 212
Target 1 - 284
Target 2 - 310
Target 3 - 340
#SWINGTRADE
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Fundamental Analysis
ASIAN PAINTS - INVERTED HEAD AND SHOULDER PATTERNThe stock has given breakout of INVERTED HEAD AND SHOULDER pattern & Retested
on the daily chart.
One can enter above 3054 with a strict Stoploss of 2970
Target 1 - 3200
Target 2 - 3280
Target 3 - 3360
#SWINGTRADE
#FUNDAMENTALLY STRONG STOCK
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
ASIAN PAINTS - INVERTED HEAD AND SHOULDER PATTERNThe stock has given breakout of INVERTED HEAD AND SHOULDER pattern & Retested
on the daily chart.
One can enter above 3054 with a strict Stoploss of 2970
Target 1 - 3200
Target 2 - 3280
Target 3 - 3360
#SWINGTRADE
#FUNDAMENTALLY STRONG STOCK
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Buy Mankind Pharma for major upside . 2 lakh to 2 Cr journey Cmp 2300
Buy near 2280
short term target 2408 &2495
Now take a look of Long term journey
Mankind Pharma cam be a multibagger counter
5 years Sales, profit and return of equity growth almost more than 20% and this can be increase more and more .
Counter going to reach at 1 lakh cr capital this year and after that it will unstoppable .
100% debt free company
All the parameter are perfect for long term selection .
Just invest 2 lakh in this counter during upcoming 2 years and sleep relax...
After 20 years your 2 lakh will become 2 cr.
We personally start investing in this counter .
If you dont have 2 lakh then you can follow 5000Rs SIP for 40 months
You can earn with trading but if you want to create a wealth then long term investing is only solution .
Dont miss this opportunity .
Natco Pharma, the road ahead?Its been a journey of parallel channels for Natco Pharma share price and one believes that it will continue to tread within the broad confines of the longer term monthly channel
Price has now found the resistance area of the channel which started from the lows of the covid (in blue). However, with the earnings on lenalidomide still some 15-18 months away from reaching peak levels, atleast in volume terms, by that time the street should hear expected positive news on some of the points listed below:
- new successful para IV filings and launches from existing tentative or final approved list,
- fixing the usfda cloud over kothur formulations plant,
- traction on the much anticipated brownfield acquisition,
- their CAR T investment growing into something tangible in value terms,
- substantial increase in foreign subsidiary business
- domestic formulation sales getting boost due to possible semalglutide launch
- scaling up of crop health science business
therefore looking at the hanging man on WCB I believe that whether for profit booking or geo political or general broader market sentiment it can correct in the immediate shorter term, however, the bullish thesis remains for the fundamental reasons enumerated above.. The first target from here seems to be around 2500 which can be plotted either by box breakout (from 2017 highs) or a rounding bottom (from 2021 highs) or simply the width of the blue parallel channel if and when it breaks out...
The principle of polarity suggests that price may not close below the line plotted by taking the highs of 2017 and 2021 (the pink dotted line) this area should be our longer term stop loss and a time to revisit the bullish thesis.
Gold Analysis August 16Fundamental Analysis
The US economic data was stronger than expected and the market is anticipating that these data could affect the extent of the Federal Reserve's interest rate cut. The US dollar and US bond yields rose, making it difficult for gold prices to rise.
The latest data released by the US showed that the core consumer price index (CPI) in July, which is a price index excluding food and energy costs, fell to its lowest level since early 2021 compared to the same period last year. This shows that inflationary pressures have eased, supporting the Federal Reserve to cut interest rates next month.
In particular, a report from the US Department of Labor showed that the number of new Americans filing for unemployment benefits last week fell to a one-month low.
As a non-interest-bearing asset, gold prices tend to rise when interest rates fall. As inflation slows, expectations of a Federal Reserve rate cut will increase, further boosting the appeal of gold. Additionally, gold purchases by central banks around the world have also become a reliable support for gold prices.
Apart from monetary policy, geopolitical uncertainty has also been a major factor driving demand for gold. Tensions in the Middle East and the conflict between Russia and Ukraine have increased the appeal of gold as a safe-haven asset.
Technical Analysis
From a technical perspective, the overnight failure near the $2,470 resistance level makes it prudent to wait for some follow-through buying before positioning for any further gains. With the daily chart oscillations holding in positive territory, Gold could then aim to break above the all-time highs around the $2,483-$2,484 zone hit in July and conquer the psychological $2,500 mark. A sustained strength above the latter would confirm a breakout above a month-old trading range and could be viewed as a fresh trigger for bullish traders, setting the stage for a further near-term upside move.
On the downside, the $2,447-2,445 horizontal zone now looks to protect the immediate downside ahead of the $2,430-2,429 zone and the weekly low, around $2,424. Some follow-through selling could leave Gold vulnerable to further weakness below $2,400.
Resistance: 2475 - 2488 - 2500 -2509
Support: 2438 - 2333 - 2426 - 2421
Price ranges to note:
SELL zone 2473 - 2475 stoploss 2479
SELL zone 2498 - 2500 stoploss 2504
BUY zone 2438 - 2436 stoploss 2432
BUY zone 2426 - 2324 stoploss 2420
Stock in Buying Zone: Madhav CopperMadhav Copper is in Mid Range Momentum compared to Short, Medium and Long Term Moving Averages.
Pros:
Strong Annual EPS Growth
Growth in Net Profit with increasing Profit Margin (QoQ)
Company with Low Debt
Increasing Revenue every Quarter for the past 4 Quarters
Increasing profits every quarter for the past 2 quarters
Company with Zero Promoter Pledge
Cons:
Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
High PE (PE > 40)
Increasing Trend in Non-Core Income
Note: Risky bet. However, Can enter at the current level for 16+% profit (38 levels)
KRBL weekly chartFII and MF are buying KRBL. Valuations are good. 260 is very strong support. Risk to reward ratio is very favorable. Buy for long term target of 400 plus. Indian government to lift rice export restrictions. KRBL is the biggest rice exporter. Next quater numbers will be very good. There will be increase in EPS, ROE. ROCE. Their profits and margins will improve.
Rising wedge portrays EURUSD buyer’s exhaustion ahead of US dataEURUSD is bouncing back after a big drop, as traders wait for the University of Michigan’s Consumer Sentiment Index and Inflation Expectations for August. This bounce reverses the previous day’s decline from the highest level of 2024 and moves off the bottom of a four-week bearish chart pattern called rising wedge. The RSI indicates that the recent price increase might continue, but the MACD suggests weakening buyer interest. For sellers to take control, they need to break below the wedge’s bottom line at around 1.0960 and the 50-SMA support at 1.0946. If they succeed, they might face challenges at the 200-SMA and an upward trend line near 1.0875 and 1.0830, respectively. After that, the price could drop toward the wedge’s theoretical target of around 1.0700.
On the other hand, the 1.1000 level is attracting buyers, with the recent high of 1.1050 in sight. The top line of the wedge near 1.1055 could also act as resistance. Future resistance points include December and July 2023 highs near 1.1140 and 1.1275, and the 1.1200 level might provide a resting point for buyers.
Overall, the EURUSD pair is struggling to gain momentum in a bearish pattern ahead of US economic data. Sellers need confirmation from both technical and fundamental factors to take control.
Bajaj Finance 110 % gainBuy bajaj finance futures as shown in chart with target being around 22 % up since it being in a range chance of it going down is very less thus futures can be brought thus making the gain 22*5 = 110 % ( multiplies by 5 since the leverage of 5x is given )
IMP = Dont settle for smaller gain coz someday the losses ll be big ....its either the target or the decision near expiry
India Independence Day To all who have protected Bharat, we say our first salute
Indian independence freedom fighters from Tamil Nadu"
V. V. S. Aiyar
Ambujammal
K. P. Janaki Ammal
Sivagami Ammayar
Chinna Annamalai
Vedaratnam Appakutti
Asalambikai
S. P. Ayyaswamy Mudaliar
M. Bhaktavatsalam
Mayandi Bharathi
Subramania Bharati
Vengal Chakkarai
C. S. Chellappa
Karumuttu Thiagarajan Chettiar
T. S. Avinashilingam
Sami Venkatachalam Chetty
T. S. Chockalingam
Immanuvel Devendrar
M. Ethirajulu (politician)
S. Srinivasa Iyengar
A. Vaidyanatha Iyer
F. G. Natesa Iyer
G. S. Lakshman Iyer
G. Subramania Iyer
K. R. Guruswami Iyer
Krishnammal Jagannathan
P. Kakkan
Periya Kaladi
V. Kalyanam
Thiru. V. Kalyanasundaram
K. Kamaraj
Maveeran Alagumuthu Kone
K. T. Kosalram
Kovai Khadar Ayyamuthu
E. Krishna Iyer
T. T. Krishnamachari
Kalki Krishnamurthy
Tiruppur Kumaran
J. C. Kumarappa
Rukmini Lakshmipathi
C. N. Muthuranga Mudaliar
C. S. Ratnasabhapathy Mudaliar
Salem Ramaswami Mudaliar
Pasumpon Muthuramalinga Thevar
Muthuranga Mudaliar
Velu Nachiyar
P. Rangaiah Naidu
P. Varadarajulu Naidu
C. R. Narasimhan
G. A. Natesan
Nagappan Padayatchi
Peter Paul Pillai
V. O. Chidambaram Pillai
V. I. Munuswamy Pillai
Venkatarama Ramalingam Pillai
C. Rajagopalachari
T. S. S. Rajan
G. Ramachandran (social reformer)
T. A. Ramalingam
W. V. V. B. Ramalingam
P. Ramamurthi
O. P. Ramaswamy Reddiyar
T. Rangachari
S. Rangaswami Iyengar
R. Balaji Rao
S. P. Y. Surendranath Arya
Kalki Sadasivam
Lakshmi Sahgal
Sankaralinganar
A. M. Saravanam
S. Satyamurti
J. Shivashanmugam Pillai
M. P. Sivagnanam
Subramaniya Siva
Rettamalai Srinivasan
Stalin Srinivasan
P. Subbarayan
Chidambaram Subramaniam
Kovai Subri
Veeran Sundaralingam
V. A. Sundaram
K. B. Sundarambal
S.N. Sundarambal
S. A. Saminatha Iyer
Puli Thevar
Periyasaamy Thooran
G. A. Vadivelu
Arthanareesa Varma
Sardar Vedaratnam
M. C. Veerabahu Pillai
Ramaswamy Venkataraman...
And best Salute for All Indian freedom fighters....
India's 78th Independence Day Special - Economy Remains StrongJai Hind!
Its been 8 months into 2024, and in spite of all the global turbulence, Bharat, i.e. India, continues to remain a steady ship. This video reflects upon our history and learns from it to taking a peek into the future to be prepared for it.
Jai Hind!
Gold buyers stay optimistic around mid-$2,400s within triangleGold has ended a two-day drop by bouncing off its 9-day Exponential Moving Average (EMA) within a symmetrical triangle pattern that's been forming for seven weeks. This bounce supports the idea that the Fed might cut rates, together with the positive MACD signals and the trend-favorable RSI line. The key levels to watch are the triangle's range of $2,475 to $2,393 and the 50-day EMA support at $2,391.
If gold moves past $2,475, it could test an upward resistance line from early April, reaching around $2,498. After that, $2,500 will be an additional hurdle for the metal before potentially rising to $2,522 and $2,562, which are based on 50% and 61.8% Fibonacci Extensions of gold's moves from March to July.
If gold falls below $2,391, it might drop to the late July low of about $2,353 and then to $2,350. There's also a strong support region between $2,293 and $2,285 from late April to June, which if broken, could push gold towards $2,200.
Overall, gold is performing well due to positive technical indicators and concerns about possible US Fed rate cuts, supported by recent US inflation data.
Advanced Data Base Option's Trading #NSE #BSEInstitutional options trading refers to the buying and selling of options contracts by large entities such as banks, pension funds, hedge funds, mutual funds, and other institutional investors. These institutions accumulate funds from various investors to trade on their behalf.
Options are financial derivatives that give the holder the right (but not the obligation) to buy (call option) or sell (put option) an underlying asset (such as stocks, commodities, or currencies) at a predetermined price (strike price) within a specified time frame (expiration date).
Here are some key points about institutional options trading:
1.Institutional Traders vs. Retail Traders:
*Institutional Traders: These traders manage accounts for institutions or groups. They trade larger volumes and have access to more exotic products, including complex options.
*Retail Traders: These traders operate personal accounts and typically trade smaller sizes of assets.
2.Advantages of Institutional Trading:
*Access to a wide range of financial instruments, including exotic options.
*Ability to execute large trades efficiently due to their substantial funds.
*Influence on market prices due to their significant trading volumes.
3.Service Providers Used by Institutional Trading Firms:
* Bloomberg
* Thomson Reuters
* Factset
* Marketwatch
4.Educational Requirements and Job Opportunities:
*Becoming an institutional trader often requires a strong educational background in finance, economics, or related fields.
*Job opportunities include roles in trading, risk management, and portfolio management.
5.Earnings:
*Institutional traders can earn substantial salaries, but compensation varies based on experience, performance, and the institution.
Remember that institutional trading strategies involve careful analysis, calculated moves, and a long-term perspective, as these traders significantly impact market dynamics.
ITC Flag & Pole patternThe stock has formed flag & pole pattern on the monthly chart.
One can enter above 511 with a strict Stoploss of 422
Target 1 - 599
Target 2 - 640
Target 3 - 697
All levels are mentioned in chart.
#LONGTERM TRADE
#FUNDAMENTALLY STRONG STOCK
#ITC
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Gold Outlook 14 AugPrice mitigates the pivot demand zone created last time gold traded at the ATHs (All time Highs). Mitigation of the zone sees some corrective/profit taking moves. Potential supply zones for the buy continuations have been identified, but follow the LTF for your immediate trade bias.