Quess Corp AnalysisAfter the recent fall in Mid Cap and Small Cap stocks across all counters in the Indian Stock Market, we're now anticipating a good reversal in the Mid-Small index as well as stock for the new financial year.
Thus, here's Quess Corp for April Month.
CMP- 527
Target- 600, 650 and 678 (Short, Mid and Long respectively)
Stoploss- 453 (Trailing)
Duration- Short term to Long term, based on your research, goals and advise from Financial Advisor.
let me know what you think :)
Newyear
29 Dec ‘23 - Banks took a break, still a Happy NEW YEAR close.BankNifty Analysis: Stance - Bullish
Banks were appearing pretty lousy today, the fall did not halt at 10.11 today when Nifty50 found its support. BankNifty went further down and got its rejection only at the bottom level of the ascending channel.
4mts chart link - click here
We have never seen an ascending channel that works with so much perfection. Yesterday BN finished on the top line, the gap-down opening tipped the scale in the bear’s favor but was run out at the bottom level. Interestingly only BankNifty took the beating, FinNifty ended the day much better (exact 0.22% loss closing as of N50).
63mts chart link - click here
You can notice how beautifully BankNifty is respecting the channel. As long as we do not break the lower trend line, the bullish case is still intact.
Thank you for staying with me this year. Your readership, comments, and suggestions are always appreciated. Wish you a happy and prosperous NEW YEAR 2024.
Pound Pushing PThe GBP/USD pair builds on Friday's solid recovery from a six-week low and gains strong follow-through traction for the second successive day. The momentum lifts spot prices to a two-and-half-week high, around the 1.2170 area during the first half of the European session and is sponsored by the prevalent US Dollar selling bias. From a technical perspective the break above the December 28 highs at 1.2125, the last key lower high in the corrective move down from the December 14 peak, marks an important turning point as it could suggest a reversal higher and that Cable's three-week yuletide correction is at an end. It probably means the medium-term uptrend which started in September has restarted and prices will now continue rising.
Happy New Year 2023The past year might be full of ups and downs, but we can hope the coming year is profitable, and kind to all traders.
Happy New Year’s Resolutions 2023
Do Practice Everyday
Plan a monthly or weekly budget
Find a chart and perfect place where you can do your trades
Do Improve your strategy
Treat yourself every now and then
Spend time with learning material that make you profitable
Learn a new skill every 3 months
Delete and unfollow those not catering to you to become a better trader
Write a log note every day
Start positive talk with yourself and others
Drink more water and lessen the alcohol
Avoid smoking and reward yourself each time with something better
Fix sleeping time, as it will improve your waking-up time
Plant some greens around you
Do yoga 7 times a week
Be kind
If you have decided on any of the above, then do let me know. I hope the year brings a positive change in you and takes you to wherever you desire to go.