Neat & clear breakout seen in Titan (Buy)Titan has given a neat and clean breakout and sustaining above the breakout zone so this is a indication that Titan is now going to make new highs in coming months. MACD is also started forming bullish crossover and very soon it will form bullish crossover. But why to wait till then when titan already tells itself after breakout resistance levels.
This is sure today it is going to close above 2800 levels. just 15 minutes remaining in closing. So with current levels and go for target given on chart. Well this is mine all time favorite stock for holding for long term, as this has already made millionaire to many of them in past.
I have a trade for option writer:-
Sale Titan June 2860 Pe at 83.5
(stop loss 160)
Target 25/15/5/1
and hedge with
Buy Titan june 2700 pe at 22.5
For naked option buy:-
Buy Titan june 2800 ce at 62
Stop loss 25
Target 90/110/125+
Always follow strict stop loss for trades.
If anyone like my work then please like, follow and comment.
Thankyou.
Disclaimer:-This is not and trade or investment advice. This idea is meant for learning. Invest your capital at your own risk.
Tradingsignals
AXP/ American Express Company Swing Short Trade Setup - AXP is setting up for a supply reaction
- It can surely retrace the whole move it created from the origin
- Inefficiencies created should be filled by expansion and post that a bounce back
- Do not initiate shorts from the mentioned zone like a fool without a reaction
Solana Swing Long Idea - Solana Trade Setup
- Solana is currently an out performer in the market
- Solana is in a strong bullish trend
- IMO solana can easily take out previous high and mitigate 80-90$ soon.
- If you are holding solana then you add more size once it closes above 65$
- If you are not holding Solana then kindly do not add or rush because of any FOMO.
- Wait for a 20-30% retracement before entering
Fantom/FTM USDT Fantom USDT
- Fantom has already printed 100% from it's bear market low
- Fantom can easily move to 0.52$ with some deep Retracement's
- Make sure that you are not ENTERING anywhere you are told to
- 0.25-0.30 is a good value zone to hold Fantom for mid term
Matic/Polygon Trade Idea - Matic is currently trading in a flattish trend
- No impulsive move so far looks possible in Matic
- The underlying fundamentals of Matic is too strong
- For Holders, I would only suggest you guys to keep adding Matic whenever you see a 5-10% RETRACEMENT
- For Traders, I see 1$ coming soon but till the time Matic gives 1$ rest Alts might have pumped more so choose your alts wisely.
Shiba Inu Trade Setup- Wait for Shiba Inu to retrace first because the trend looks really flat to Bearish
- I wouldn't accumulate Shiba Inu at the current price neither will I recommend as well.
- It's better to wait first and observe the price Action for Shiba Inu
- If you accumulate the retracement then you can expect a pump of 30-40% easily
Chainlink/Link Trade IdeaChainlink/Link
- Chainlink is currently trading at a good area
- I expect link to easily take out previous highs and make a new one
- If you are holding link then keep holding this until the next two quarters
- Conservative targets can be 30-50$ easily impulsive ones will derive once we see a strong bull run
WALCHAND NAGAR IND | Multi Year Triangle Breakout.NSE:WALCHANNAG
Walchandnagar Industries Ltd. engages in the manufacture of engineering products. It operates through the following segments: Heavy Engineering, Foundry and Machine Shop, and Others. The Heavy Engineering segment engages in the engineering, fabrication, and manufacturing of machinery for sugar plants, cement plants, boilers and power plants, industrial and marine gears, mineral processing and EPC, petrochemicals, and space, defense, and nuclear power businesses.
Walchand Nagar Ind. Technical Analysis on weekly time frame:-
1. Price has rebound from the strong support zone after a breakdown has failed.
2. The Symmetrical triangle is been in formation for the last 3.2 years and the location on the symmetrical triangle is bullish as it has formed around the support zone, so we can say Its extrinsically is bullish in nature and intrinsically too.
3. The Price is been Trading above 200 SMA which is a Bullish sign.
4. The price is been in a range for over 1.5 Decades and is currently at lower range support.
Entry Aggrassiv can enter now and safe investors should wait for a retest of the triangle breakout zone it will add more confirmation to it.
Target levels and stop-loss is mentioned on the chart.
Walchand Nagar Ind. Fundamental Analysis Points:-
1. Company Turned into Net profit after many Years.
2. Revenue is increased and Long Term has been Reduced.
3. EPS is improving Marginally.
4. Although one concern is a reduction in assets.
The above information is for educational purposes only, Before acting on any investment idea please do your own analysis and follow proper risk to reward.
I Hope you found this helpful.
Please like and comment.
Keep Learning,
Happy Trading!
DOT/POLKADOT Technical PerspectiveDot is a strong project
Dot currently lacks momentum
Do not park your money in DOT if you are looking for short term gains or to take more advantage of this bullish trend in the market
If you are looking to hold this for long then it's a yes to buy it
Dot needs to mitigate and then pierce through it's overhead supply in order to show an impulsive move to 7$
Compound 1D Trade Idea Comp/usdt
: Compound is currently trading in a decent zone
: Compound isn't looking bad at all from a trading perspective
: As long as it's in our long entry zone with a 5-8% downside we can attempt this long
: Swing Long this around 48-50$
: SL - 5-10%
: I expect this to outperform soon the whole DEFI sector has outperformed the market Compound should soon do it as well.
Bitcoin Dominance Chart Setup Bitcoin Dominance is very useful in helping us understand where the money is flowing
: BTC Dom is currently trading in an uptrend move.
: BTC dom might follow the path I have created which might later result in a massive alts rally
: Btc Dom as of now shows some relief in ALTS can be seen and money after a decent Btc correction can flow back to BTC
: Closely monitor this and USDT dominance or even DXY works
: Nas, DJI, SPX, and gold have been outperforming try to understand the global markets as well.
: If the FED starts to cut rates then it will be very bullish for Crypto
BNB Binance Coin Trade Setup Binance Coin
: BNB from an investment perspective currently is a BIG NO
: Only enter BNB if you wanna shill or burn your money
: Traders who love volatility can take some chances
: IMO I expect BNB to easily grab some liquidity around 180-200$
: I will wait like a hawk and try to observe the price action there
: In the meantime, I will stay cash and not risk unnecessarily.
AVAX 1D SETUP AVAX SETUP
: AVAX printed 110% from our initial entry.
: The current price action of Avax is somewhat bearish and not clear
: Flat to bearish is the current trend I will term it as
: From an investment perspective do not enter here, traders can wait for the drawn paths to have a clear direction
: Accumulation Zones - 12-15$ 15-17$
: Sell Zones - 28-32$ 45-55$
: Horizon - 6-9 months for investors
: Traders - Wait for the market to present you an opportunity spot is the best way to double your capital
predict the next trend of XAUXAU has grown in the past three weeks. Experts predict that XAU will continue to grow in the near future. If it surpasses the 2008 threshold, XAU will still grow greatly.
According to the minutes of the two-day (October 31-November 1) monetary policy meeting released on November 21, US Federal Reserve officials acted cautiously and did not intend to raise interest rates. We agreed to do only that. Interest rates if progress in controlling inflation slows.
Minutes of the meeting showed that all participants agreed that the Fed's Federal Open Market Committee (FOMC) may proceed cautiously and that support for rate hikes appears to be receding. .
Inflation is slowing, with consumer prices flat in October compared to the previous month, and although the Fed has not yet declared an end to the fight against inflation, there are discussions to raise interest rates from the current 5.25% to 5.50%. % and how long it should be maintained. maintained. range.
The minutes of the meeting said further monetary tightening would be appropriate if there was information that indicated the FOMC's path to achieving its inflation target was inadequate.
AMD stock to take long entryLong AMD stock above 78 after the BO of the resistance line. This stock is in the correction stage & starting to pull back in that direction. The stock is also taking the support of 50 EMA levels and RSI crossing the 60 level too. This is for your educational purpose only.
XAU trading strategy after PPI and CPI newsGold prices rose slightly in European trading yesterday, but fell again at the close. Meanwhile, UK inflation is showing signs of declining. Specifically, the UK Consumer Price Index rose by 4.6% in October, the slowest rise in two years, and a significant decline compared to the previous month's 6.7%. The main reason is falling fuel prices. Furthermore, the core inflation index also fell from 6.1% to 5.7%. This data was released shortly after the US CPI report and contributed to the rise in gold prices.
Gold matched its 200-day moving average and posted a strong three-day rally to $1,935 an ounce. However, if the gold price declines and returns below the 200-day moving average, the upper bound of the downward price channel and the $1,883.70 level will become visible. Meanwhile, current support lies at $1,935, and the $2,000 level still acts as the next psychological resistance.
Currently, the RSI index is still above the 50 point threshold, but there are no signs of overbought yet, suggesting that gold has enough strength to return above the $2,000 threshold. . The price range is $2,009.