DRREDDYDRREDDY has been consolidating in a parallel channel. It is now at a support level. Bottom wick suggests the buying pressure.
Tgt and SL mentioned in the chart
Search in ideas for "NVIDIA"
NTPC - Daily time frameNTPC has broken out of falling wedge pattern.
There is an upward movement from the previous resistance whch is now a support.
Keep the SL below the demand zone (117)
Target 1 140
Target 2 150
NVIDIA BREAKOUT RETEST AND READY TO GOImagine a symmetrical triangle forming on a stock chart. The price breaks out above the upper trendline, indicating a bullish breakout. Instead of entering immediately, you wait for the price to pull back and retest the broken trendline. Once the price holds above this level, you enter a long position, setting your stop-loss just below the retest level and your take-profit based on the triangle’s height.
Nvidia near strong support again ready for fresh all time high Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Happiest mind long setupNvidia leading in USA, likewise indian IT companies will also lead soon. Happiest mind is one among them. Traingle setup with good strong support.
NVIDIA as said earlier profit booking will come, trend change On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NVDA - PRODUCT SELLING TO HIT CALLNvidia product selling fastly,market hit value increase more ,CALL now
NVIDIA BUY CALL FOR SWING TRADERALL LEVEL DISPLAY IN VIDEO
FOLLOW THE RULES GUYS
1. BUY ONLY WHEN STOCK PRICE HIT BUY LEVEL
2.STOP LOSS IS VERY IMPORTENT
3.1ST TARGET HIT BOOK PROFIT WAIT 2ND TARGET CHOICE IS YOURS BUT TRAIL YOUR STOP LOSS
4.IF YOUR CAPITAL IS 1 LAC
YOU ONLY INVEST 5000 TO 8000 IN ONE STOCK
NOT PUT ALL YOUR MONEY IN ONE STOCK
BECAUSE MARKET IS UP AND DOWN NATURE
5.DO NOT TRADE FUTURE, OPTION AND INTRADAY TRADING
6.THINK BIG ONE DAY YOU ARE BIGG BULL IN MARKET
ALL OUR PRIVIOUS CALLS HIT PROFIT
ETHUSD VIEW!!The cryptocurrency market is in the red today, following the slump in US stocks as all eyes turn to Nvidia’s upcoming earnings report. This highly anticipated release is seen as a potential turning point, offering clues on whether the AI-fueled bull market still has legs or if the rally is starting to lose steam.
Nvidia's slower growth prospects hurt Nasdaq, crypto
Analysts surveyed by FactSet expect Nvidia to post second-quarter adjusted earnings of approximately 65 cents per share, with revenue projected at $28.74 billion. This figure represents more than double the revenue from the same quarter in 2023.
However, it also signals a deceleration in growth, as Nvidia’s revenue more than tripled year-over-year in the April quarter. Nvidia's stock was wobbling between gains and losses ahead of the earnings report, taking the Nasdaq 100 on a similar seesaw trend.
SP500 : Bearish : Cycles pattern : Watch out!Look carefully at April 2005, October 2007 and Today. A "Sell Off" of 20% took place. History does not usually repeat itself, but in trading the phenomenon of cyclicals exists. It's just AMAZING! What do you think?!
In addition, the levels indicated are achievable in the medium term, 2-3 months;
In recent days, this is what happened at the macroeconomic level:
1-Jackson Hole
Result: No big impact on the markets: Dow Jones or techs.
2-NVIDIA long awaited:
Result: The action disappointed and went down
Minus 9.86% in total after closing and yesterday minus 6.38%.
Cause: Delay in the delivery of new chips, among others...
Will NVIDIA always explode the ceilings, while the competition arrives: AMD, GOOGLE, etc... with more efficient chips that do not heat up.
Technically the markets are OVERBOUGHT
so a return to the 38.2% or 50% of Fibonacci would be perfect for sellers, but also for buyers who would like to buy at a lower price!
I remind you that in trading we buy the bottoms and we sell the peaks!
Gap filling theory...in NVDIAGap from 320 to 360 seen in NVIDIA, It seems that NVIDIA will fill this Gap in coming trading session ....... so those who are interest in AI story can buy at around 300 ....for next six months .......
All time high Breakout at MAFANG (Mirae Asset NYSE FANG+ ETF)Big Bull Basant Maheshwari sir invest in Tesla But for retail investors from India to invest in Tesla, it's a complicated process. It's so simple and easy to invest in Nvidia and Tesla by simply buying MAFANG (Mirae Asset NYSE FANG+ ETF).
NSE Symbol: MAFANG BSE Scrip Code: 543291
If you want to invest in the NYSE FANG+ Index or want to play artificial intelligence (#Nvidia, #Tesla, #Google) from India, then #MAFANG (Mirae Asset NYSE FANG+ ETF) is the best option.
I compared #MAFANG (Mirae Asset NYSE FANG+ ETF) vs. the #Nifty and its peers (#Nasdaq Composite Index) from November 30, 2022, and discovered that it has outperformed both the Nifty and its peers in the sector.
ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN
It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing.
Lets buy the fear...."BTCUSD Quant Model Analysis:
Model: Statistical Arbitrage
I was doing some mean reversions on BTC against benchmarking instrument NVIDIA. It seems fair price should be around 55898 by this time, which makes BTC undervalued monthly wise. However bears are suppressing the top and bulls are not giving up. In yearly zone, fair accumulation is around 36957 and in 5Y horizon, it's around 41879 considering we are maintaining the bullish momentum. We are historically in a bull run in weekly chart, means if we maintain that bullish momentum, our returns would be positive in 5Y horizon.
Simply, that means if you buy around 41879 and hold for 5Y and BTC keeps it bullish momentum same, you are going to be fucking rich."
~ @fr0xk
Say "HI" to him.
SPX // Levels // 30 min "Welcome to SkyTradingZone "
Hello Everyone 👋
As of September 10, 2024, the S&P 500 Index (SPX) opened at 5,442.07 with a 52-week range of 4,103.78–5,669.67.
Here's some related information about the S&P 500 Index:
Mini-SPX Index: This index is based on 1/10th of the value of the S&P 500 Index.
SPX Put/Call Ratio: As of September 7, 2024, the SPX Put/Call Ratio was 1.43, which was the same as the previous year.
Largest holdings: Some of the largest holdings in the S&P 500 Index include Apple, Microsoft, NVIDIA, Amazon, Alphabet, Meta Platforms, Berkshire Hathaway, Eli Lilly, and Tesla.
GBPUSD view!!A gauge of global shares was flat in choppy trading while oil prices slipped on Tuesday as investors weighed geopolitical risks as well as impending Nvidia earnings and U.S. inflation data.
Markets are anticipating an imminent start to the Federal Reserve's monetary policy easing, after Chair Jerome Powell said on Friday the central bank was ready to start cutting rates.
The benchmark S&P 500 and Nasdaq edged higher in choppy trading while the Dow traded lower. The Dow Jones Industrial Average
DJI
fell 0.12% to 41,189.90, the S&P 500
SPX
gained 0.09% to 5,621.87 and the Nasdaq Composite
IXIC
gained 0.09% to 17,741.59.
EURUSD VIEW!!A gauge of global shares was flat in choppy trading while oil prices slipped on Tuesday as investors weighed geopolitical risks as well as impending Nvidia earnings and U.S. inflation data.
Markets are anticipating an imminent start to the Federal Reserve's monetary policy easing, after Chair Jerome Powell said on Friday the central bank was ready to start cutting rates.
The benchmark S&P 500 and Nasdaq edged higher in choppy trading while the Dow traded lower. The Dow Jones Industrial Average
DJI
fell 0.12% to 41,189.90, the S&P 500
SPX
gained 0.09% to 5,621.87 and the Nasdaq Composite
IXIC
gained 0.09% to 17,741.59.
European stocks finished up 0.16%
SXXP
, following a late
NIFTYBANK: YO YO - GA day!Markets most importantly banks go YOYO moves, as well as select sectors like Fertilisers. Make believe world.
Our own NVIDIA movements in some places, forgetting the high and mighty at international world could not achieve that.
Concerns on speculative futures and options to tax them galore, not sure who is afraid, when the broader market is, tell me what next 10% this work story.
World make believe inflation will cool, the fact is growth to cool than inflation.
Inter-dependent world, the debt fuelled moves, globally impacting and aiding the Dollar than other wise. The more one hates Dollar the more it rallies, this time is no different.
We have two important events of moves that unfold in this space, the first one is RBI dividend led rally, on 29 April. Then comes hopes of Bond Market related huge inflows. Good news is abundant here.
Suffice to say new base raised to 50500, previous ATH. It is near 5000 points rise in a year in terms of base that is 10%, much more than one could hope in Fixed Deposit.
While the new base holds, some profit taking is not ruled out, though minor blip. One target around the 52500 is in order while we stay above the 50800 handle on daily close basis.
Usually, this space turns from the extremes, but not this time, as the extremes have been redrawn.
Support 51450-51150-50950
Supply 51900-52100-52280
Chrono Trades: Indexes-Stocks- Commodities-FOREX-CRYPTOSChrono Trades: Barometer of financial markets:Indexes-Stocks- Commodities-FOREX-CRYPTOS
A market brief of the different underlyings : FOREX- SP500-Bitcoin-NVIDIA-TAT MOTORS-NIFTI-GOLD-Oil wti- etc...
High Risk Short Against Nasdaq 100, Due for a Reality Check?While the Nasdaq 100 is still up around 8% YTD, signs point to a potential cool-down phase for the index. Here's what's worth watching:
Uncertainty around Fed Policy: While the Fed has hinted towards rate cuts, a reversal to interest rate hikes would be detrimental to the market, especially for high-growth tech stocks.
Insider Selling: The recent wave of stock sales by billionaires like Jeff Bezos and Mark Zuckerberg could indicate insider concern about a potential correction.
AI Hype Cooling Off: The meteoric rise of Nvidia and its AI-related dominance has been a major driver of the bull run. A cooling off period or sector rotation could weigh on the Nasdaq 100.
Let's see how this plays out! :)
As always, not financial advice. DYOR!
NVDIA maybe ready for wave 5 higherIs wave 4 done at a little more than 23.6% retracement? Wave four is a flat and wave 2 was zig-zag retracing 61.8%, so we have alternation. Nvidia is now at the 20-week average so that is an ideal support as well which held in wave 2 too. Wave 5 should follow wave 4. 5=1 then the level is at 300 which should coincide with the top end of the channel. A rising channel has been drawn keeping the most recent low as the pivot. The 20wma is at 418.
