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Long term gold. 2050 COMINGCurrently gold is trading around 1980 USD and has increased a total of 7 USD today. It can be seen that after the Fed chairman's speech yesterday, gold's reaction was not too strong but still developed with the highest impressive number in the past two weeks since October 6. The reason gold prices increased cannot help but mention the fact that the gold market continues to benefit as the Israel-Hamas conflict continues to intensify. Besides, the cooling of the USD also partly supported gold's return. With gold retesting the level of 1,964 USD/ounce, this precious metal will easily surpass levels in the range of 1,985 - 1,995 USD/ounce. All resistance zones are not enough to slow down the rise of gold. Let me know your mind!
OANDA:XAUUSD
by Basil_Trading
ABRFL Simple Analysis - BullishNSE:ABFRL was in a steep downtrend in the past. It can be observed from the Candlestick Chart that this Down Trend line has already been engulfed and the price has retested it. Currently, the Price has been able to break a Lower High and started creating Higher Highs and Higher Lows on the chart, which is a signal of the beginning of an Up-trend. The price has already reacted from a Trap Zone, and hence, I am expecting that it can give us a quick 10% Return on Investment. So, the Target could be 236 to 240 for now.
NSE:ABFRLLong
by Prosenjit
2
GOLD today. Continues to draw in safe haven investments🌷US Dollar, Treasury Yields, Israel, Federal Reserve, GVZ Index - Talking Points - Gold prices appear to be comfortably above the USD level during Wednesday's trading session - Treasury yields after hitting new highs again but gold seems unaffected by that - The US dollar has been volatile despite global instability. Will XAUUSD continue to rise? 🌷World gold price stood at 1,937 USD/ounce, a sharp increase of 22 USD/ounce compared to the same hour yesterday morning. The precious metal is holding its position high as a haven despite US government bond yields rising to multi-year highs. 🌷Two-year Treasury notes traded at 5.24% for the first time since 2006 on strong economic data. US retail sales in September exceeded forecasts, causing Treasury bond yields to increase. The US Dollar rose against the British Pound, Yen and Canadian Dollar, but remained mostly stable elsewhere. RBA signals a more hawkish stance on the Australian Dollar. 🌷The geopolitical situation in the Middle East has supported gold as a safe-haven asset, despite the usual challenge posed by rising returns on low-risk assets such as Treasury bonds. Resolution of the situation seems distant as it continues to develop. 🌷The XAUUSD market will continue to attract safe haven flows due to the Israel-Hamas conflict. If there are signs that the Fed is nearing the end of this rate hike cycle, that would be good for gold, even if we don't get any rate cuts anytime soon. It is forecasted that gold will fluctuate in the range of 1,900 USD/ounce until there is some ceasefire or the conflict subsides. Plan trading SELL GOLD 1951-1953 SL 1955 TP 1940 BUY GOLD 1935-1937 SL 1932 TP 1950
OANDA:XAUUSD
by Basil_Trading
BITCOIN TECHNICAL ANALYSIS ( 18th Oct 2023 )Price Analysis Current Price: $28739.02 24-Hour Change: 1.88% Circulation Supply: 19.52M Trend Analysis Technical Indicator : Strong Buy (On Daily Basis) Moving Average : Strong Buy (On Daily Basis) Overall Trend : Strong Buy (On Daily Basis) Key Support and Resistance Levels: Support Level 1: 28125.4 Support Level 2: 27850.3 Resistance Level 1: 28639.0 Resistance Level 2: 23378.7 Moving Averages: 50-Day Simple Moving Average (SMA): 26790.70 ( Buy) 200-Day Simple Moving Average (SMA): 27772.0 ( Buy ) Relative Strength Index (RSI) Current RSI: 67.237 RSI Interpretation: Buy Zone Volume Analysis Trading Volume: $14,616,751,761 Volume Trends: Increasing in Nature Candlestick Patterns BULLISH DOJI STAR : Bullish Reversal ( Indication ), Medium ( Reliabilty ), During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick ( Description ). HANGING MAN : Bearish Revesal ( Indication ), Low ( Reliabilty ), During an uptrend, there is a sharp sell off after a gap to the upside. However, the candlestick closes at or near its high. This signifies the potential for further sell-offs. Since the certainty for a Hanging Man indicator is low, the trend reversal can be confirmed by a black candlestick or a large down gap on the next candlestick accompanied by a lower close ( Description ). Conclusion The live price of Bitcoin is $ 28,739.15 per (BTC / USD) with a current market cap of $ 560.90B USD. 24-hour trading volume is $ 14.61B USD. BTC to USD price is updated in real-time. Bitcoin is +1.83% in the last 24 hours with a circulating supply of 19.52M. It's essential to exercise caution and apply risk management strategies in your trading decisions.
Long
by tradewith_ritik
Switch on the Geyser. Time to Shower with Deepak FertilizerPE Ratio is 8 while Sector PE ratio of 53 - Company has delivered good profit growth of 49.7% CAGR over last 5 years - Annual Revenue rose 47.7%, in the last year to Rs 11,384.7 Crores. Its sector's average revenue growth for the last fiscal year was 17.2%. - Annual Net Profit rose 78.4% in the last year to Rs 1,210.1 Crores. Its sector's average net profit growth for the last fiscal year was 5.9% - Mutual Fund Holding increased by 0% in the last quarter to 1.4. - Return on Equity for the last financial year was 23.9%. Negative: - Quarterly Net profit fell 74.6% YoY to Rs 110 Crores. Its sector's average net profit growth YoY for the quarter was -45.1%. - Promoter Pledges rose 7.5% QoQ taking the total promoter holding pledge % to 22.6%. Deepak Fertilizers and Petrochemicals Corporation Ltd is a manufacturer of fertilizers and industrial chemicals with products in industrial chemicals, bulk and specialty fertilizers, farming diagnostics and solutions, technical ammonium nitrate and value added real estate, which includes India’s 1st & largest concept retail destination for Home Interiors & Design. Company is also investing in cloud computing, process automation, mobile apps, unified communication, and collaboration tools. New Products in FY22 a) Company launched Crop Nutrient Solution brand Croptek with 3 crop specific grades Croptek Onion, Croptek Sugarcane, Croptek Cotton, and also launched Crop Specific and stage specific brand Solutek for fertigation b) Company's IC business unit launched 8 different products for disinfection solutions in the hospital segment Operational Highlights - Q4FY23 a) Acid business achieved a capacity utilization of 89% while the IPA business reached 98%. CNB Bulk (NP + NPK) had a capacity utilization of 55% b) Company developed a technology to manufacture Pure DIPE from crude DIPE first time in India and has completed the commercial trial successfully c) Steel grade Nitric acid for steel pickling application has completed its multi-stage commercial trials successfully and will soon be launched commercially Capex - FY23: a) Ammonia: It has a capacity of 128,700 MTPA and company plans to increase it to 628,700 MTPA. For that, it has planned an Investment of Rs. 4,350 Cr. Company, through its stepdown subsidiary Performance Chemiserve Ltd, is setting up an ammonia manufacturing facility of 1,500 MTPD at Taloja b) TAN: Technical Ammonium Nitrate has a capacity of 486,900 MTPA which is planned to increase to 862,900 MTPA by H2 FY26 with an Investment of Rs. 2,201 Cr
NSE:DEEPAKFERTLong
by CannySunny
COROMANDELCOROMANDEL :- Rounding bottom pattern is formed, if upside breakouts and sustains, we may see upside movement Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:COROMANDELLong
by AjayDhakad_Keep_it_simple
Long Stup in UPLA Inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of NSE:UPL Price Action supported by volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. One can initiate the long trade as per the lavel mentioned on the chart Stop loss will be on a Daily closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern Technical Indicator :- Positive MACD Crossover
NSE:UPLLong
by raigvivek
SMARTLINKSMARTLINK:- Stock is about to give breakout after almost 2 years, is consolidating near resistance Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:SMARTLINKLong
by AjayDhakad_Keep_it_simple
C'Mon DIXON C'Mon !- Annual Revenue rose 13.99%, in the last year to Rs 12,197.62 Crores. Its sector's average revenue growth for the last fiscal year was 24.13%. - Annual Net Profit rose 34.36% in the last year to Rs 255.52 Crores. Its sector's average net profit growth for the last fiscal year was 5.85%. - Quarterly Revenue rose 14.59% YoY to Rs 3,274.35 Crores. Its sector's average revenue growth YoY for the quarter was 12.51%. - Quarterly Net profit rose 50.59% YoY to Rs 68.82 Crores. Its sector's average net profit growth YoY for the quarter was 26.16%. - Mutual Fund Holding increased by 1.75% in the last quarter to 13.74. - PE Ratio is high though at 113 - Company has reduced debt. - Company has delivered good profit growth of 33.3% CAGR over last 5 years - Company's median sales growth is 15.7% of last 10 years
NSE:DIXONLong
by CannySunny
GUJTHEMGUJTHEM:- The stock has been consolidating for the last few months, has also formed a cup and handle pattern, waiting for a breakout. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
BSE:GUJTHEMLong
by AjayDhakad_Keep_it_simple
3