Could Altcoins Reach $7 Trillion in this Bull Run? Could Altcoins Reach $7 Trillion in this Bull Run?
Bookmark this post for a streamlined breakdown of the #altcoin market cap trend:
1️⃣ Breakout: The market cap has breached a critical resistance, hinting at a bullish onset ( Black TrendLine )
2️⃣ Skyrocket Post-Retest: Expect a sharp rise after the market retests the newfound support level.
3️⃣ Awaiting Retest (Green Box): We're currently watching for a dip back to the retest level, a pivotal moment for trend confirmation.
4️⃣ Potential $7T Market Cap: Following historical patterns, altcoins could reach a $7 trillion market cap in this bull run.
Trading!
KIRLPNU | Swing Trade📊 DETAILS
Sector: Compressors / Pumps
Mkt Cap: 4,549 cr
Kirloskar Pneumatic Company Ltd, incorporated in 1958, is part of the Pune-based Kirloskar group. The Co. is engaged in the business of Compression & Transmission segments. It also undertakes O&M services for Compression Packages and has also entered logistic services by operating RoadRailer trains for end to end transportation of goods. It serves a variety of sectors like Oil & Gas, Steel, Cement, Food & Beverages, Railways, Marine and other industries.
TTM PE : 43.20 (High PE)
Sector PE : 62.14
Beta : 0.32
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
7.33% away from 52 week high
Outperformer - Kirloskar Pneumatic Company up by 13.28% v/s NIFTY 50 up by 4.59% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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Ethereum Technical Analysis Update#Ethereum Technical Analysis Update
Chart Pattern: Bull Flag Formation
Ethereum is showcasing a classic bull flag pattern on the ETH/USDT chart. This is often a bullish continuation pattern, indicating potential upward momentum if the market conditions align.
Key Breakout Level: $3,250
If Ethereum breaks and holds above the $3,250 resistance level, we are likely to witness a significant rally. A successful breakout could potentially set CRYPTOCAP:ETH on a path to a new all-time high! Keep an eye on this crucial level for decisive moves.
Support: $2,750
Resistance: $3,250
Trade Wisely and Always Use Stop Loss.
#NIFTY Intraday Support and Resistance Levels -26/04/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22580 level and then possible upside rally up to 22700 level in today's session. in case nifty trades below 22530 level then the downside target can go up to the 22410 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(26/04/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session.Any Major downside only expected in case banknifty starts trading below 48450 level.
MOIL Analysis & Prediction in DTFThis is the analysis of MOIL in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About MOIL:
MOIL Ltd. engages in the production manganese ore. It operates through the following segments: Mining, Manufacturing, and Power Generation. The firm also manufactures ferro manganese, electrolytic manganese di-oxide; and generates wind power. The company was founded on June 22, 1962 and is headquartered in Nagpur, India.
Bullish Flag pattern breakout in DRREDDYDr REDDY LABORATORIES LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 7100+.
✅Can Go Long in this Stock by placing a stop loss below 5880-.
APL APOLLO TUBES - Symmetrical TriangleAPL Apollo Tubes recently formed symmetrical triangle and expecting the breakout in upcoming days.
1. If price break and close above lower top (downtrend line) then buy order will be initiate
2. If price break and close below the rising support then sell order will be trigger
Thank You
Arvind Yadav, Cfa
Arvind Share Academy
POWERINDIA | Swing Trade📊 DETAILS
Sector: Electric Equipment
Mkt Cap: 19,792 cr
Hitachi Energy India Ltd (formerly known as ABB Power Products and Systems India Ltd.) was created in 2019 as a Joint Venture between Hitachi and ABB's Power Grids. The company serves utility and industry customers, with a complete range of engineering, products, solutions, and services in areas of Power technology.
TTM PE : 239.73 (High PE)
Sector PE : 146.19
Beta : 0.44
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
2.62% away from 52 week high
Outperformer - Hitachi Energy India up by 2.6% v/s NIFTY 50 up by 0.78% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Bullish Flag pattern breakout in JSWJSW STEEL LTD
Key highlights: 💡⚡
✅On 15 MIN Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 900+.
✅Can Go Long in this Stock by placing a stop loss below 848-.
#NIFTY Intraday Support and Resistance Levels -24/04/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22390 level and then possible upside rally up to 22510 level in today's session. in case nifty trades below 22330 level then the downside target can go up to the 22210 level.
CAREERP Analysis & Prediction in DTFThis is the analysis of CAREERP in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About CAREERP :
Career Point Ltd. engages in the provision of education services. The firm operates through the following segments: Education and Related Activities, Financing (NBFC), Infra Division, and Others. It offers education consultancy, management services, tutorial services, and residential hostel services. The company was founded by Pramod Kumar Maheshwari and Om Prakash Maheshwari in May 1993 and is headquartered in Kota, India.
GMR Power & Urban Infra Ltd Analysis and Prediction in DTFThis is the analysis of GMRP_UI (GMR Power & Urban Infra Ltd) in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About GMRP_UI:
GMR Power & Urban Infra Ltd. engages in the development and construction of properties in the sectors of energy, urban infrastructure, and transportation. Its project portfolio includes power plants, roads, railways, airstrips and runways, and multi product industrial properties. The company was founded on May 17, 2019 and is headquartered in New Delhi, India.
SAPPHIRE | Swing Trade📊 DETAILS
Sector: Hotel, Resort & Restaurants
Mkt Cap: 10,441 cr
Sapphire Foods is one of the largest franchisees of Yum! Brands Inc. in the subcontinent, and operates more than 400 KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives.
TTM PE : 56.09 (Average PE)
Sector PE : 64.94
Beta : 0.39
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
8.14% away from 52 week high
Outperformer - Sapphire Foods India up by 12.09% v/s NIFTY 50 down by -1.15% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Reversal Broadening Wedge pattern in ALKEMALKEM LABORATORIES LTD
Key highlights: 💡⚡
📈 On 1 Day Time Frame Stock Showing Reversal of Broadening Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Above 5770+.
📈 There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 6610+.
📈 Can Go Long in this stock by placing a stop loss Below 4200-.
360ONE | Swing Trade📊 DETAILS
Sector: Finance - Others
Mkt Cap: 24,800 cr
IIFL Wealth Management Limited, founded in 2008, is one of the largest private wealth management firms in India. The company mainly acts as wealth manager and provides services relating to financial products distribution, advisory, portfolio management services by mobilizing funds and assets of various classes of investors including High Networth Individuals.
TTM PE : 34.54 (High PE)
Sector PE : 30.81
Beta : 0.69
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
6.12% away from 52 week high
Outperformer - 360 ONE WAM up by 3.04% v/s NIFTY 50 down by -0.78% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
#Bitcoin Bull Flag Analysis #Bitcoin Bull Flag Analysis
The #BTC Bull flag is currently holding $60,000 price Level.
A bull flag is forming with a target lying around $1,18,000
For this pattern to play out CRYPTOCAP:BTC must be above $60,000 Level.
Note: If break $60,000 level then ready for $45000
Like/RT if you agree