NEWS
Petroteq Announces Equity Offering of up to US $2.5 MillionAnthony Cantone of Cantone Research, Inc. put his intrest on Petroteq energy inc. and offering up to 12,195,121 units at US$0.205 per Unit
CRO, ATOM & Fifa World Cup (What's cooking?)In the chart,
timeline has been set based on fifa world cup 2020.
Why is this relevant?
crypto.com is the leading sponsor for this year's fifa world cup. The commercials, news and hype around crypto tends to start increasing before such a big event followed by a pump.
Now we can assume the same for many coins but lets face it. Fifa World Cup is probably the most watched event every 4 years.
Now it's upto you how you want to strategise. Fairly a new eco-system that could possibly enjoy partnerships and collaborations in future because of it's positioning in the advertising space.
From this post's date, it's safe to say that you can buy the dips until the commercials reach its viewership peak which is usually 30-45 days prior.
A lot of historically relevant NFTs, Team Tokens and Merchandises will be adopted. Eventually trailed by exponential interest.
Not a financial advice but this would be one of the greatest case studies in the crypto history. Follow for more :)
Cipla Breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Either sell on initial stop loss hit or when closes below weekly supertrend
After a TTM Sales and Profit growth of 11.5% and 15% respectively and after receiving an approval from the Subject Expert Committee (“SEC”) of the Central Drugs Standard Control Organization (“CDSCO”) to conduct local trials on anti Covid-19 pill Paxlovid, NSE:CIPLA has given a breakout with higher than average volume. The breakout came after a long consolidation since Jun'21. It's a buy with a stop loss at Rs.979.
NZDJPY looking similar zigzag pattern Controlling over the news, JPY index was too low from Dec 19th. It looks like upside with index, over all JPY pair its gonna come up. So on the board NZD will be the first to see the decline matching with AUDJPY. Japanese index get stronger with USD and news data is my prediction.
PNB under Triangle formationhello Traders,
Technicals:
If you wanegative but revenue increased
2. Punjab Nationalnt to go long then I will suggest you to buy near the trendline and then add Qty after the ascending triangle get broken.
Fundamentals:
1. Earnings were Bank raises Rs 1,919 crore via bonds - NEWS
Thanks!
Please like my idea if you really like it and happy trading! NSE:PNB
Will EURUSD break its monthly major support level?1.16195 is a major support and resistance level on the monthly timeframe. EURUSD might struggle to break it. If it breaks, next support level is 1.14272.
Waiting for the news to come in to make the EUR stronger. Most probably this analysis will be hit by a news event. Hope for the best with the Prez's speech which is in few hours.
IEX looks good for swingIEX (Indian Energy Exchange)
- Swing High Breakout - ✔
- Good Breakout Volumes - ✔
- Huge Accumulation & Price activity a few days before - ✔
- Spread Chart Breakout - ✔
- RS+ & Strong Relative Strength - ✔
Other points to note:
The new Electricity (Amendment) Bill 2021 delicenses State Monopoly on Electricity. Which is now open to competition from all private Electricity Distribution Companies. Consumers can now choose their Discom (like telcos)
Along with the boost in Electricity Distributor's business, it will also boost revenues for IEX.
Looks good for swing & Positionally
ABCAPITAL – mid-term pick► Aditya Birla Capital had seen a weekly breakout in mid-February
► After breakout, stock is consolidating, forming a triangular pattern
► Entry can be taken on break of triangular pattern or pullback to the triangle
► Based on news of SEBI clearing draft red herring prospectus for Aditya Birla Sun Life AMC, there might be a gap up opening on Monday breaking out the triangle pattern
Usually prices move before news comes to retail participants, however looks like this is not the case with ABCAPITAL
► Aggressive position not suggested, ideal size would be 1% of portfolio size
► Stop-loss is essential for every trade
► Our stop-loss is 110 on daily closing basis
Disclaimer - holding positions since February breakout
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.
Nifty Level For Tomorrow ( Price Action Analysis)If tomorrow market opens flat then go long if the market takes support 16230 if this level break then go short for 20-50 Points
Or
If Market Open gap up and breaks yesterday high and sustain go long otherwise go short if 15 red candle low breaks
Or
If Market Open gap down above 16180 then go long if faces resistance then don't trade only go long if buy signal shown
Major Resistance:- 16350 -16450
Major Supports:- 16180 -16000
All Advice is for Educational Purposes Before taking any investment decision concerns your financial advisor
Metal Index ready for BreakoutMetal Index ready for Breakout after printing a flag pattern in daily timeframe.
Watch-out for mid cap metal stocks a 20-30% rally possible in next month if Nifty sustains.
On the verge of Positive MACD crossover
Trigger News
PBOC cut RRR by 0.5 percentage point, effective from July 15.
I am not a financial advisor. Use your intelligence before investing.
TATA MOTORS (entry chance)news based fall (not a big issue for tata motors)
Jaguar Land Rover (JLR) issued a profit warning on Tuesday citing the impact of semiconductor chip shortage on vehicle production, sending its parent Tata Motors's stock down. Tata Motors also said that based on the recent inputs from suppliers, the chip supply shortages in Q2 are expected to be greater than that in Q1FY22, potentially resulting in around 50% lower wholesale volumes than planned.
chance for adding tata motors
buy level- 306-307
target- 325-340-355
This trade for portfolio adding stock ( not for pure trading)
time frame- short to mid (21 days to 2 months)
no stop loss coz pure portfolio adding
I am adding at the level of 306
thank you