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Multi Commodity Exchange of India Ltd - Long Setup, Move is ON..#MCX trading above Resistance of 3056 Next Resistance is at 5182 Support is at 1722 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:MCXLong
by MandeepSinghKohli
2
[Bitcoin] Expecting a Technical Rebound (9/7)Hello, this is Chartist. Bitcoin has been in a continuous downtrend since reaching the $65,000 level, without any significant rebound. Currently, it has declined by around 19% from its previous high, forming a bottom around the $52,500 level. The Crypto Fear and Greed Index has remained in the "extreme fear" range at 22-23 over the past two days, highlighting heightened market anxiety. Now, the key question is whether Bitcoin can stage a rebound from this point. Based on the current technical indicators, I believe there is potential for a recovery. Let’s take a look at the analysis. < Chart Analysis > I’ve used RSI, CCI, and Stochastic indicators on this chart, and all three are showing positive signals after exiting oversold conditions. 1. RSI(Relative Strength Index) : An indicator measuring buying pressure. Currently recovering from oversold levels, signaling a possible price rebound. 2. CCI(Commodity Channel Index) : Used to identify overbought and oversold conditions. It’s moving out of the oversold zone, which indicates upward momentum. 3. Stochastic : A short-term indicator that predicts price reversals. It’s recovering from the oversold region, further suggesting the likelihood of a technical rebound. Typically, when these indicators show recovery, the price tends to move toward the middle line of the Bollinger Bands (the red line on the chart). However, since this middle line could serve as resistance, it’s crucial to monitor how the price reacts upon reaching it. < Summary > 1. Bitcoin has dropped from $65,000, establishing a bottom around $52,500. 2. Technical indicators such as RSI, CCI, and Stochastic are all signaling recovery from oversold conditions, indicating a potential rebound. 3. It will be important to watch if the middle line of the Bollinger Bands acts as a resistance level during this rebound. Best of luck with your investments! ※ This is not a buy or sell recommendation. ※ It is a personal perspective and should be used for reference only. ※ All decisions and responsibilities are yours.
Long
by Holy_Chartist
Subros Ltd. on the Move: Key Breakout and Strong Growth Drivers!Stock: Subros Ltd. NSE Symbol: NSE:SUBROS Industry Group: Auto/Truck-Original Equipment Market Cap: INR 4,900 crore 50-Day Avg. Volume: INR 16 crore Buy Range: INR 777-816 Company Overview: Subros Limited, established in 1985, is a leading manufacturer of thermal products for automotive applications in India. The company operates multiple manufacturing plants across India and boasts a robust R&D center in Noida, developed in collaboration with Denso Corporation of Japan. Ownership: Indian promoters: 36.79% Denso Corporation, Japan: 20% Suzuki Motor Corporation, Japan: 11.96% Manufacturing Capabilities: Six manufacturing plants in India Annual capacity: 1.5 million AC kits Q1 FY25 Results Update: Revenue: Increased by 16.8% y/y to INR 809.8 crore, driven by higher volumes and a new SOP launch. EBITDA: Increased by 65% y/y to INR 80.4 crore. EBITDA Margin: Expanded by 190bps y/y to 9.96% due to softening commodity prices. PAT: Increased by 159% y/y to INR 34.9 crore. Growth Drivers: Content Localization: Achieved 85% localization, aiming for 90% over the next three years. Aims to reduce risks from exchange rate volatility and logistics disruptions. Mandatory Air-Conditioned Cabins in Trucks: New regulation mandates AC cabins in trucks from October 1. Subros is positioned as a key beneficiary, with advanced discussions with OEMs. Increasing Penetration in EV Buses: Government plans to boost EV bus penetration. Subros has developed kits for EV buses, offering higher revenue potential compared to ICE buses. Strong Future Outlook: The management is optimistic about sustaining double-digit growth, barring any significant external disruptions. The penetration of air conditioners in trucks is expected to improve significantly from the current 15-17%. The company's strong localization strategy will support its profile over the next few quarters. Technical Analysis: The provided chart shows that Subros Ltd. is currently trading near resistance levels after a recent breakout. Here are some key observations: Resistance Level: The stock has faced resistance around the INR 800-820 range. Volume: Trading volume has been steady, with some spikes on upward moves, indicating interest at these levels. Trend: The stock is in an uptrend, supported by key moving averages
NSE:SUBROSLong
by rajsharmatt
Bajaj Finserv Ltd (BAJAFINSV): Strong Bullish MomentumBAJAFINSV has shown impressive bullish momentum, breaking above multiple resistance levels. The increasing volume and positive RSI suggest a continuation of the uptrend. Descending triangle chart with a breakout Breakout Confirmation A breakout from a descending triangle occurs when the price moves above the upper trendline of the triangle. This signals a potential reversal of the downward trend and a possible uptrend. Technical Indicators: RSI is above 50, indicating a bullish momentum. Moving Averages: The 9-period Exponential Moving Average (EMA) is crossing above the 21-period EMA, confirming the bullish trend. MACD: The Moving Average Convergence Divergence (MACD) histogram is above the signal line, indicating a bullish trend. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.  
NSE:BAJAJFINSVLong
by supertraders_india
Prakash Industries Ltd (PRAKASH)PRAKASH has shown a strong bullish breakout from a cup and handle pattern, which suggests a potential continuation of the uptrend. The increase in volume during the breakout supports this bullish sentiment. Key Observations Cup and Handle Formation: The chart appears to be forming a "Cup and Handle" pattern, which can often signal a bullish continuation after a period of consolidation. Breakout: The stock has recently broken above the handle of the cup, indicating a potential bullish breakout. Volume: The volume has increased during the breakout, supporting the bullish momentum. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time
NSE:PRAKASHLong
by supertraders_india
LUPIN - Near Multi Year BreakoutLUPIN - Near Multi Year Breakout Add in your watchlist Disclaimer:- This is only for educational purposes. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.
NSE:LUPINLong
by supertraders_india
Trade Efficiently in Volatility with These IndicatorsWhen trading in the stock market, it’s crucial to consider not only whether the market is trending or consolidating but also how to handle volatility. Therefore, understanding volatility indicators is key to trading more effectively. Here we are going to discuss some top Volatility Indicators that will be useful for traders who want to analyze and negotiate the market’s turbulence more successfully. What are Volatility Indicators? Volatility Indicators are technical tools that help in analyzing the market, measuring the speed and the size of price changes in the security, commodity, or even a market index. They give traders an indication of when volatility is high or low and this can contribute to risk assessment and trading strategies. These indicators offer some insight into how much volatility the market might anticipate for future periods and they may be used to identify possible tops and bottoms in markets, enabling better decision-making by traders. How to Identify Volatility in the Market? Standard deviation is a popular tool for spotting market volatility. Traders and analysts use it to understand what’s driving the market. It measures how much a stock’s price typically deviates from its average over a certain period. Volatility can be low or high. Low volatility means a stock's value is steady and doesn’t change much. High volatility means the value fluctuates a lot in a short time. Volatile periods in the stock market can lead to significant price swings, making trading challenging. Extreme volatility often occurs when major news impacts the market. High volatility is typically seen during trending markets, while low volatility is more common during consolidation phases. High volatility is great for breakout strategies and scalping, while low volatility is better for relaxed trading approaches. Top 5 Volatility Indicators When analyzing the market, here are some of the key volatility indicators that traders can employ. 1. Bollinger Bands Bollinger bands are composed of three: high, low, and middle. The middle band is a 20-day or bar moving average, the upper band is +2 Standard Deviation and the lower band is -2 Standard Deviation away from the middle band. When market volatility increases, the bands expand, and when volatility decreases, the bands contract. Bollinger bands can be used to trade when prices break out either above or below either side of the upper or lower bands following a low volatility or consolidation phase. 2. Average True Range (ATR) The Average True Range (ATR) is another technical analysis indicator that measures market volatility by decomposing the entire range of an asset price for that period. Originally developed for commodities, the indicator can also be used for stocks and indices. The ATR indicator is most commonly used with other market indicators to confirm market moves or to anticipate possible market changes that are not readily apparent. A higher ATR indicates higher volatility and may be a sign of market uncertainty, while a lower ATR indicates lower volatility and could suggest market complacency. It’s important to note that the ATR does not provide an indication of price direction, only volatility.g stop loss levels, and for predicting price movements. 3. Donchian Channel Donchian Channels are a popular tool for gauging market volatility. This indicator features three lines derived from moving average calculations. It consists of three bands: an upper band, a lower band, and a median band in between. The upper band represents the highest price of a security over a specified period, typically four weeks, while the lower band indicates the lowest price over the same timeframe. The space between the upper and lower bands forms the Donchian Channel. Traders often use this channel to identify trading opportunities—entering a buy trade when the price breaks above the upper band, and a short position when it falls below the lower band. 4. Keltner Channels Keltner Channels resemble Bollinger Bands but with a key difference. While Bollinger Bands place their boundary lines at standard deviations from the moving average, Keltner Channels use the Average True Range (ATR) to set the channel distance. The Keltner Channels consist of an upper band, a lower band, and a middle line which is typically a moving average. The distance from the middle line to the upper and lower bands is calculated by multiplying the ATR with a factor, usually 1.5 or 2. The channels expand during periods of high volatility and contract during periods of low volatility, similar to Bollinger Bands. Traders often use Keltner Channels to identify potential price breakouts and overbought or oversold conditions. 5. Cboe Volatility Index (VIX) The Cboe Volatility Index (VIX), often referred to as the “fear index”, is a real-time market index that represents the market’s expectation of 30-day forward-looking volatility. It is derived from the prices of S&P 500 index options with a series of expiration dates. It gives a measure of market risk and trader’s sentiments. It is also inversely related to market performance, meaning when the market is performing well, the VIX tends to drop and vice versa. Therefore, it’s widely used as a gauge of market volatility and often used in portfolio diversification to hedge against market downturns. Conclusion In volatile markets, using the right tools can make a big difference. By combining different strategies and focusing on key aspects of market movement, you can manage risk and spot opportunities even when things get unpredictable. Remember, a well-planned approach and use of these tools can help you navigate market swings more effectively and boost your trading success.
NSE:BANKNIFTY1!
by Dhan
Pull Back Pattern Seen with Long Lower Shadow Hammer CandlestickHello everyone, i hope you all will be enjoying the weekend, but let's do some learning now.. i have found a stock which has shown a pull back pattern with long lower shadow hammer candlestick pattern on weekly chart. Stock name is Share India Securities Ltd and it is a financial service provider that uses technology to offer customized capital market tech-based solutions to clients. It offers financial products & personalized services, including equity broking, currency & commodity derivative, depository participant services, mutual fund advisory and distributorship, etc to retail and corporate clients. The co. has a PAN India presence with 61 branches of NBFC business and, 293 sub-brokers/franchisees. Let's learn about the pattern which i have written in Title:- Q:- What is Pull back pattern? Ans by Rahul:- Pullback is a term used in stock trading that refers to a price decline from an existing high point. This decline is usually temporary and serves as a correction after an upward trend. Pullbacks are common in the stock market, and they offer traders opportunities to buy stocks at discounted prices. Q:- How to Trade Pull back patterns? Ans by Rahul:- For trading pull back pattern there is strategy and this strategy works by waiting for a stock’s price to decline from previous highs before buying it. The idea is that when there is a dip in prices, there is usually an opportunity for investors to buy into the stocks at lower prices, and then sell their shares once the stock rebounds. if you look at the Share india chart above, you will see after breakout stock rallied almost 35% and made high at 405 and now stock again came at their support zone where stock had given breakout earlier, we also call this breakout retest strategy. So this is the zone where we have to try to accumulate and keep your stop loss at below to support zone, for the Targets you can plan previous highs or you can expect same length of previous consolidation zone. I hope now you guy's have learned about pull back pattern and how to trade to these patterns, Right. If yes then do not forget to hit like and share with others after you done reading. Let's focus on other aspects of company:- Company History The Co. was established in 1994 and entered the equity broking segment in 2000. Subsequently, it diversified its offerings by undertaking derivatives trading in 2007, currency trading in 2008 and commodities trading in 2012. In 2016, it was registered as a Mutual Fund Advisor with AMFI and in 2018 it registered as a Category I Merchant Banker & Portfolio Manager with SEBI. In 2020, it moved from SME platform to BSE Main Board. New Launch In FY24, the co. launched Algo Platform – uTrade Algos for automated trading. In FY23, it launched a Retail Platform - IBT, a digitally-enabled online account opening and trading platform. Market Cap ₹ 5,953 Cr. Current Price ₹ 302 High / Low ₹ 408 / 233 Stock P/E 14.0 Book Value ₹ 91.2 Dividend Yield 0.56 % ROCE 38.3 % ROE 31.0 % Face Value ₹ 2.00 Industry PE 17.9 Debt ₹ 403 Cr. EPS ₹ 22.2 Promoter holding 52.3 % Intrinsic Value ₹ 754 Pledged percentage 36.2 % EVEBITDA 6.54 Change in Prom Hold -0.87 % Profit Var 5Yrs 76.9 % Sales growth 5Years 48.4 % Return over 5years 81.1 % Debt to equity 0.23 Net profit ₹ 426 Cr. ROE 5Yr 37.5 % Profit growth 30.0 % Earnings yield 15.0 % Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:SHAREINDIALong
by TraderRahulPal
3
Understanding the Effectiveness of Trading IndicatorsTrading indicators are essential tools for anyone looking to make informed decisions in the financial markets. These indicators analyze market data to help traders identify trends, momentum, and potential opportunities. These trading indicators come in different forms, such as moving averages (trend indicators) and The RSI (momentum indicators). However, no indicator is 100% accurate. There are their areas of strength as well as limitations and it’s essential to know how to use them efficiently. In this article, we’ll break down what trading indicators are, how they function, and evaluate their effectiveness. What Are Trading Indicators? Trading indicators are mathematical formulas that help traders identify trends, signals, and momentum shifts in the stock market. They are plotted as lines on a price chart and can be leading or lagging. Leading indicators project the future while lagging indicators present an overview of the past. No indicator, however, can accurately predict how the market will behave in the future. Generally, there are three categories of trading indicators: Volatility indicators Trend indicators Momentum indicators When these indicators are applied to charts it gives traders knowledge about the trends in the markets enabling them to make more informed decisions when doing trades. Different Types of Trading Indicators As we have mentioned above the three categories of trading indicators, Let's take a closer look at what makes each of them effective. 1. Volatility indicators The Volatility Indicator is used to determine the price of an asset over time. It helps traders know how risky or uncertain the market is. When there is higher volatility, prices can swing more widely, but lower volatility means that prices are stable on average. Examples of volatility indicators include the Average True Range and Bollinger Bands. 2. Momentum Indicators Momentum gauges the speed of a stock's price movement. Momentum indicators, key tools in technical analysis, help assess whether a stock’s trend is strong or weak. While primarily used to evaluate trend strength, these indicators can also signal when a trend is slowing down and might be due for a shift. Common momentum indicators include the Stochastic Oscillator, RSI, Rate of Change (ROC), Williams %R, and Commodity Channel Index (CCI). 3. Trend Following Indicators Trend-following indicators help identify the direction of a trend. For instance, a moving average smooths out price data, showing the trend as a single line. However, this smoothing effect can cause these indicators to lag behind actual price changes. Examples of trend-following indicators include Moving Averages, MACD, ADX, and Parabolic SAR. Commonly Used Trading Indicators Let's explore three widely used trading indicators from each of the three main categories: momentum, trend, and volatility. We’ll cover the Relative Strength Index (RSI), Moving Averages, and Bollinger Bands. 1. Relative Strength Index (RSI) The Relative Strength Index (RSI) is a momentum indicator that gauges the rate and magnitude of price changes, ranging from 0 to 100. It assists traders in spotting overbought or oversold conditions in the market. For example, if a stock’s RSI is above 70, it may be considered overbought, indicating that it could be due for a price correction or pullback. Conversely, if the RSI is below 30, the stock may be considered oversold, suggesting a potential buying opportunity. Suppose a stock has been rising steadily, and its RSI reaches 75. This high RSI value could signal that the stock is overbought, prompting traders to consider selling or shorting the stock to capitalize on a potential price decline. 2. Moving Averages (MA) Moving Averages (MA) are used to smooth out price data to identify trends over a specific period. There are different types of moving averages, such as the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). For example, if you calculate a 50-day SMA for a stock, you add up the closing prices of the stock for the last 50 days and divide by 50. This average helps to smooth out short-term fluctuations and highlight longer-term trends. If the stock’s price is consistently above the 50-day SMA, it may indicate an upward trend, while a price consistently below the SMA may indicate a downward trend. For instance, if a stock’s 50-day SMA is Rs 100 and the current price is Rs 110, it suggests a bullish trend, potentially signaling a buying opportunity. 3. Bollinger Bands Bollinger Bands consist of a middle band, which is a Simple Moving Average (SMA), and two outer bands that are standard deviations away from the middle band. These bands help identify overbought and oversold conditions. For example, if a stock’s price moves towards the upper Bollinger Band, it may indicate that the stock is overbought and could be due for a pullback. Conversely, if the price approaches the lower Bollinger Band, it might suggest that the stock is oversold and could be poised for a rebound. Traders use these signals to make decisions about buying or selling securities, aiming to capitalize on potential price reversals. Conclusion Trading indicators are valuable tools that can enhance your trading strategy by providing insights into market trends, momentum, and volatility. However, it's important to use them wisely and not rely solely on them for decisions. Combining indicators with other analysis methods and understanding their limitations will help you make more informed and effective trades.
BSE:BANK
by Dhan
APL Apollo Tubes: Decent fundamental outlook Fundamental thesis -Guidance for higher capacity and production in '25 - '26 -Company fundamentals have constantly outperformed previous periods -Good return ratios (Avg 6yr ROE > 30%/ROCE >29%) -Stock trading at July 23 level with all fundamentals outperforming previous periods -Increase in FII and DII holdings - Considerably low risk play as it one of the biggest steel products manufacturers simply facing cyclical issues like with every commodity related business Technical Stock at 1yr support with previous bounce backs seen at this level Daily RSI at 40 Valuation Centrum priced the stock at 1670 INR (13% upside) ISec priced at 1800 INR (22% upside) My analysis gave a px tgt of 1806 INR (22% upside) Avg upside of 17% - 18% With a good margin of safety a leveraged play is possible, leading to potential 40 - 50 % returns on the stock Target I would keep my TP at 1630Rs (upside of 10%) and will enter with leverage
NSE:APLAPOLLOLong
by kurrent
Comprehensive Guide to Trading AUD/USD on TradingView **Description:** Dive into the world of Forex trading with our in-depth analysis and strategy guide for trading the AUD/USD pair on TradingView. Our approach combines fundamental insights and key economic indicators to provide a robust framework for making informed trading decision Fundamentals Overview: 1. **Economic Indicators**: Track crucial economic data such as Australia's GDP growth, employment rates, inflation, and trade balances, along with U.S. Federal Reserve policies and economic reports. These indicators can significantly impact the AUD/USD exchange rate. 2. **Commodities Influence**: Given Australia's status as a leading exporter of commodities like iron ore and coal, global commodity prices, and China's demand for these resources play a pivotal role in shaping AUD/USD movements. 3. **Interest Rates**: Monitor interest rate decisions from the Reserve Bank of Australia (RBA) and the Federal Reserve. Interest rate differentials between the two economies can lead to capital flows that impact the exchange rate. 4. **Geopolitical Events**: Stay updated on geopolitical developments that might affect market sentiment and risk appetite. Trade policies, international relations, and global economic stability are crucial factors. Disclaimer: Trading foreign exchange (Forex) on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Long
by MoonTradingForecast
MOLDTKPAC consolidation near trendlineMOLDTKPAC Near trendline breakout RSI Trendline breakout consolidation before breakout. Disclaimer:- This is only for educational purposes. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.
NSE:MOLDTKPACLong
by DrDNA