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Long on "Larsen & Toubro Infotech Ltd."Logic behind the Trade 1. This scrip has bottomed out after staying there for a long time and in recent trading days it has started an upward movement 2. Recent bullish momentum was seen and after a small retracement & it was followed by a bullish engulfing candle which shows a further bullish momentum continuation 3. RSI above 50 now thus showing strength buildup 4. Gap between 200 EMA and 50 EMA has started to narrow down and also candles are closed above both EMA's
LLong
by Finntastic
The rising star in the pawn business.Dinewise, Inc., over the years, has maintained a solid and propelling market cap. Currently, the company’s market capitalization is overvalued after the acquisition of Pawn Trust. Pawn Trust provides financial assistance to small businesses in order for them to run smoothly. Small business loans are provided to liquor stores as well as pawn shops by PawnTrust. With its innovative virtual finance methodology, PawnTrust lowers costs while increasing market share and profitability. In the retail liquor, beer, and wine market, Pawn Trust aims to replicate its success as a unique and dominant distributor of finance to pawn shops. Dinewise is working according to its master plan and has signed a letter of credit that will allow it to double its receivable base in the third quarter of 2022. This step will strengthen its position in the small lending business sector. Through its brand PawnTrust, Dinewise is very focused on assisting small business owners. Dinewise has supported its borrowers during these difficult economic times by helping to grow their asset base. Also, the director of Dinewise ($DWIS), Christian Moore, stated that "by closing on our letter of credit, the company was able to ensure that it had the cash available to enhance its exposure to its borrower." That is why the company has earned the trust of its lender. It used to provide nutrition meal delivery services and direct-to-consumer gourmet home meal replacement services.
OTC:DWIS
by dasranc777
BPCL long opportunityNSE:BPCL Stock -> BPCL TimeFrame -> Weekly Hello all! BPCL has been moving in a channel since Sep 2017. Its came back to its lower trendline, took support, bounced off and now has broken trendline 1 with good volumes. This makes for a good opportunity to go long! Risk-averse traders should wait for a strong closing above the nearest swing high (yellow box). The stock will start trading above its 50-week EMA after it crosses the swing high and thus the probability of success would be much higher *NOT A CALL* #BPCL #technicalanalysis #stocktrading #swingtrading #nifty #markets #trading #investing
NSE:BPCLLong
by Traders_Town
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