TGVSL-A Risky positional trade of potential multibagger stock!TGV Sraac is yet another chemical sector stock that has been underperforming lately.
Stock has shown some positive signs of recovery in past few months.
Stock has given weekly closing above 110 which is a positive sign.
Stock can test its ATH if the momentum continues and can also give 2x returns in coming months if company posts good results.
Keep in radar. Not a recommendation.
Priceaction
Weekly Market Review & Outlook: Technical Analysis of BTC, GoldA comprehensive review of the past week's market performance, followed by a detailed technical analysis and outlook for Bitcoin, Gold, and major currency pairs. This video uses multi-timeframe support, resistance, and trendline analysis to predict potential price movements for the upcoming week.
ITC - 1D TFNSE:ITC has a uptrend in 1M TF. Looking down at the 1D TF, the chart has broken a triangle pattern and has moved down, touched a demand zone and is currently trading at a support turned resistance zone. Let us see what the market has for us..!!
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades NSE:ITC
COAL INDIA - 1D TIMEFRAMENSE:COALINDIA has formed a triangle pattern in 1D timeframe but when we see in 1M timeframe it clearly shows uptrend. Hence in a lower timeframe it is good to go for a long position as it is always better to go with the trend. Now the chart could break the triangle and take a retest and move up or come down to the support zone and then go up. Only in these two conditions we'll be trading.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades NSE:COALINDIA
Grse & Mazdock: Hidden Channels Unveiled! CT Breakouts ahead ? In this video, we dive deep into the strikingly similar price structures of GRSE and Mazdock. Both stocks are navigating a hidden parallel channel, with a recent breakout of a key counter trendline. GRSE is showing trendline support, despite making slightly lower lows, while volumes across both stocks suggest potential for bigger moves. Watch closely as we map out potential pathways for future price action setups. Keep these stocks on your radar and let's revisit after the breakout!
Exide Industries Breakout & Retest | Swing Trade IdeaExide Industries has recently broken a counter trendline and is currently retesting the breakout level. The stock has also breached the mother candle, but it remains inside a parallel channel that could act as resistance. Keep an eye on how the price reacts within the channel – a breakout above could open up new opportunities, but the channel resistance may cause hesitation. Manage your risk and stay aware of the overall market structure before making a move.
Angel One Ltd - Breaking Barriers, Eyeing the Next MoveWe’ve got a breakout on our hands with Angel One Ltd! The yellow line in the chart is a counter-trendline that’s been rejecting price action multiple times. But now, we’re seeing some serious strength as the stock has blasted through it with authority. This signals a potential shift in momentum.
Supporting this move is the green trendline, showing that the stock is not just breaking out—it’s bouncing off a solid foundation of support. The market clearly respects this level, adding confidence to the bullish outlook.
But here’s where it gets interesting—I've added two white dotted lines, my "hidden hurdles." These are potential areas of resistance that might slow the stock down for a bit. Don't be surprised if we see some consolidation around this zone.
Now, check out the red box, which hints at a possible short-term pullback or sideways movement—just a breather before the next leg up! After this, I'm eyeing a strong bullish candle (marked by the green box) to close above resistance, setting the stage for an exciting trade opportunity.
The final piece of the puzzle? I’ll be planning my risk-reward strategy only after that confirmation candle is locked in. For now, I’m keeping this one on my radar—this stock could be setting up for something big!
XAUUSD - Financial Insights 26/09/2024Summary: Things are getting worse, slowly but worse, XAUUSD will reach 3K at the end of this year
1.
Title: Xi’s Economic Adrenaline Shot Is Only Buying China a Little Time
Source: Bloomberg
Problem: China's economy faces a deflationary slump due to a property market crash, weak consumer demand, and trade tensions.
Solution: The central bank launched aggressive easing measures, including interest rate cuts, more liquidity, and housing incentives.
Result: Markets surged, but economists warn these actions provide only temporary relief without deeper reforms.
Prediction: Further fiscal policies and structural reforms are needed to avoid long-term stagnation and drive sustainable growth.
2. Title: China Cuts One-Year Policy Rate by Most Ever in Stimulus Drive
Source: Bloomberg
Problem: The Chinese economy faces potential deflationary pressures, prompting the need for significant monetary stimulus.
Solution: The People’s Bank of China (PBOC) cut the medium-term lending facility rate by 30 basis points to 2%, initiating a broader stimulus package to boost economic confidence.
Result: The yuan strengthened, and Chinese stocks gained, with expectations for further monetary easing, including future rate cuts on reverse repurchase notes.
Prediction: Analysts anticipate additional rate reductions and liquidity measures to support the economy, aligning funding costs more closely with market rates in the coming months.
3.
Title: OECD Upgrades UK Growth by Most in G-7, Warns on Inflation
Source: Bloomberg
Problem: UK faces high inflation, with the BOE struggling to meet its 2% target.
Solution: The government plans to increase investment, focusing on infrastructure and the green transition.
Result: UK growth forecast upgraded to 1.1% in 2024 and 1.2% in 2025, but inflation remains high.
Prediction: BOE may delay interest rate cuts due to persistent inflation and wage pressures.
4.
Title: Global Economy Moves Beyond Inflation Crisis to Stable Growth
Source: Bloomberg
Problem: The global economy faces risks from geopolitical tensions, soft labor markets, and potential financial market upheaval as inflation eases.
Solution: Central banks can cautiously cut interest rates while monitoring data closely, avoiding rapid reductions.
Result: OECD projects global growth to stabilize at 3.2% for 2024, with moderating inflation expected in G20 nations by the end of 2025.
Prediction: While growth forecasts for the US and euro area remain steady, the OECD warns of significant risks that could impact the global economic outlook.
5.
Title: Danish Central Bank Slashes Inflation Forecasts as Wages Cool
Source: Bloomberg
Problem: The Danish labor market pressure has eased, but there are concerns about potential inflationary risks from the government's proposed 2025 budget.
Solution: The central bank has reduced its inflation forecasts for 2024 and 2025, anticipating slower wage growth due to a less tight labor market.
Result: Inflation is now forecasted at 1.3% for 2024 (down from 2.2%) and 2.1% for 2025 (down from 2.6%), indicating a more stable economic environment.
Prediction: The central bank warns against loosening fiscal policy too soon, as it could destabilize the current balance in the labor market.
6.
Title: BOE’s Greene Calls for ‘Cautious’ Approach to Rate Cuts
Source: Bloomberg
Problem: Strong wage growth and resilient economic activity pose risks, prompting concerns about inflation remaining sticky in the UK.
Solution: BOE policymaker Megan Greene advocates for a cautious and gradual approach to interest rate cuts, ensuring that inflationary pressures have subsided before making significant changes.
Result: The market reflects skepticism about immediate rate cuts, with current pricing suggesting a cut in November but a 60% chance of a follow-up in December.
Prediction: Greene emphasizes the need for ongoing observation of wage trends and consumer spending to gauge future monetary policy adjustments.
7.
Title: Fed's Bumper Rate Cut Revives 'Reflation Specter' in US Bond Market
Source: Reuters
Problem: The Federal Reserve's aggressive rate cuts raise concerns about re-igniting inflation in the U.S. economy.
Solution: The Fed's 50 basis point rate cut aims to recalibrate its approach, focusing on maintaining a strong labor market while managing inflation.
Result: U.S. bond yields have risen as investors reassess inflation expectations, reflecting uncertainty over future economic conditions.
Prediction: A gradual return to higher inflation could impact bond markets, and the central bank may need to adjust its strategy if inflation does not remain subdued.
8.
Title: Investing.com Poll: Where do you see gold prices by the end of 2024?
Source: Investing.com
Problem: Gold prices have recently surged, driven by the Federal Reserve's rate cut and investor sentiment.
Solution: Analysts expect ongoing rate reductions, which make gold more attractive as a non-yielding asset.
Result: Gold prices have rallied over 5% this month, defying historical trends for September.
Prediction: While traders anticipate potential cooling in gold returns, any downside is likely to be limited, suggesting a strong long-term outlook for the metal.
9.
Title: With Fed Easing Underway, What's Next for Markets? UBS Weighs In
Source: Investing.com
Problem: The recent rate cut by the Fed raises questions about future economic conditions and market stability.
Solution: UBS believes the rate cut signals a willingness to support the economy, but emphasizes the need for clear labor market data to ensure a soft landing.
Result: Markets have reacted positively to the rate cut, but uncertainty remains regarding the ultimate impact on growth and inflation.
Prediction: A "Roaring '20s" scenario is considered an upside risk, but market volatility could re-emerge as investors seek clarity on the economy's trajectory.
10.
Will Fed policy trigger a US recession?
Claudia Sahm:
Does not believe the US is currently in a recession, despite her namesake "Sahm rule" being triggered.
Is concerned about the direction of economic indicators, with payroll gains slowing and unemployment rising.
Puts higher odds of recession now than earlier in the cycle, but doesn't provide a specific percentage.
Believes the Fed is at risk of making an "unforced policy error" if they don't cut rates soon enough, potentially leading to an unnecessary recession.
Bill Dudley:
Puts 50-60% odds of a recession in the next 12 months.
Believes the Fed is "a bit behind the curve" in reducing interest rates given increased economic risks.
Thinks a soft landing is possible but historically difficult for the Fed to achieve.
Expects any potential recession to be mild due to strong household and business balance sheets.
Rob Kaplan:
Seems less concerned about recession risk than Dudley.
Believes the job market is softening as intended, but not "falling out of bed."
Thinks the Fed may be tactically behind by "a meeting or two" but not strategically behind.
Expects the Fed to likely cut rates in September, November, and December, despite potentially hawkish rhetoric.
11.
Title: Powell Emerges Stronger After Leading Fed to Big Rate Cut
Source: Bloomberg
Problem: Federal Reserve officials were divided on how aggressively to cut interest rates, amidst weak jobs data and inflation pressures easing.
Solution: Chair Jerome Powell advocated for a significant 50 basis point rate cut to safeguard against potential risks to the labor market.
Result: The majority of Fed officials supported the larger cut, reflecting Powell's strengthened leadership and consensus around his approach to manage economic risks.
Prediction: If labor market data continues to disappoint, another substantial rate cut could occur in the future, as Powell aims to ensure a soft landing for the economy.
12.
Title: Gold price consolidates below all-time peak, awaits Fed Chair Powell’s speech
Source: Investing.com
Problem: Gold prices are confined below their all-time peak due to rising US yields and a strong USD, creating uncertainty in the market.
Solution: Traders are awaiting comments from Fed Chair Jerome Powell and other influential FOMC members, which may influence expectations for another 50 bps rate cut in November.
Result: Current gold prices are stable around $2,650, supported by dovish Fed expectations and geopolitical tensions, despite technical indicators suggesting overbought conditions.
Prediction: Upcoming economic data and Powell’s speech will be critical in determining gold's direction, with potential fluctuations as traders evaluate the likelihood of further rate cuts and their impacts on market sentiment.
Gold Price Analysis September 25Fundamental Analysis
Gold rose to a fresh record high of $2,670 an ounce on Wednesday after a surprise drop in U.S. consumer confidence data on Tuesday raised expectations of more aggressive policy easing and deeper interest rate cuts from the Federal Reserve.
Lower interest rates are good for gold because they reduce the opportunity cost of holding non-interest-bearing assets, making it more attractive to investors.
The People's Bank of China's biggest stimulus move since the Covid pandemic announced on Tuesday, which included steep cuts in borrowing costs as part of a package of measures to revive the slumping economy, also supported gold prices.
Escalating tensions in the Middle East after Israel resumed bombing Hezbollah targets in Lebanon further boosted safe-haven flows into the yellow metal.
Technical Analysis
Gold is sideways in a narrow range and waiting for clear buying and selling forces at the support level of 2650 to see how the price reacts when the US session enters. If it cannot break through 2650, a new ATH can be established today. Pay attention to the resistance zones at the top of 2670-2680 and see the price reaction in this zone to SELL. Important support is at the 2640 zone
Trading signals
BUY GOLD zone 2650 SL 2645
BUY GOLD zone 2640 SL 2635
SELL GOLD zone 2670 SL 2675
SELL GOLD zone 2680 SL 2685
Gold prices are skyrocketing: will they break a new peak?Gold prices are skyrocketing; will they hit the $2,700/ounce mark?
Hello everyone, Alisa here! How are gold prices doing this Wednesday? Let’s explore together!
Today, global gold prices continue to soar, reaching a new peak of $2,662/ounce. The continuous rise of this precious metal is driven by expectations that central banks will continue cutting interest rates, along with escalating geopolitical tensions in the Middle East.
Looking at the chart, the price remains in an upward channel. With support at $2,555 and the EMA 34 and 89 lines holding steady, this further strengthens the bullish trend for gold.
I believe gold could surpass $2,700/ounce as early as the end of this week, if tensions in the Middle East continue to escalate and more news about interest rate cuts emerges. Do you agree with me?
Coal India - Looks good at bottom outAs per harmonic pattern, it's making a bullish butterfly pattern and good to buy.
CD leg projection is going to 1.618 or 2.618. So we can see these two ratio as our target.
XD ratio is ~0.827, so as per technical analysis, it should go to 1.618 or 2.618.
Company's fundamentals are good, so next 3-4 months will give our target.
SUNTV | Head & shoulder + Cup & handle Trapping ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
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"Nifty50 approaching 26,500: Some Profit booking expected."📉 Nifty50 Update: Some profit booking by buyers might come in the 26,500-27,500 range or act as a sideways to bearish. This could lead to a slight correction in the market. Stay alert and consider adjusting your strategies accordingly.💼
Disclaimer: Trading in the share market involves risks, and past performance is not indicative of future results. Please conduct thorough research and consider your financial situation before making any investment decisions. Consult with a financial advisor if needed.