Short Term Trading Advice by Goodluck Capital Buy JBM Auto (NSE:JBMA) Buy Range- 1550 - 1600 Target- 1800 - 1850 StopLoss- below 1460 Potential Return- 15-17% Approx trade duration 18 - 20 days
Long PVRINOX above @1699 for the next target of 1775 -1800 with SL of 1645. Below are points showing strength in the stock.. 1) On the daily chart BO of 50 EMA levels. 2) Consolidation Break out between 1650 to 1670 3) On daily chart 40 level RSI Support. 4) on the hourly chart RSI above 60 shows bullish in the stock. 5) A pin bar candle is also seen on the...
- Bitcoin Dominance is the major reason behind Altcoins falling badly - Bitcoin dominance is currently rising and trading around 53.7 which looks bullish - I expect it to retrace and fall back again from its overhead supply - You should look to add alts once it's near the supply it might pierce it a little and then fall back too - Do not get trapped
Shradha Infraprojects (Nagpur) Ltd can give a breakout above the 62.35 level. The stock needs to close above the 62.35 level on a weekly basis. The stock has a possible upside of 67,76, and 102 in the long run. Also, good volume can be seen. One can place a stop loss of 52.50 (W) closing basis. #SHRADHA. Disclaimer: I am not a SEBI registered analyst. All the...
Puravankara Projects Limited (CMP: 182.45) has given a multi-year and weekly breakout. The stock has a possible upside of 215, 274, and 332 in the long run. Also, good volume can be seen on the weekly and monthly charts. One can place a stop loss of 158 (W) on a closing basis. 167-170 Can act as a support zone. #Puravankara Projects Limited. Disclaimer: I am not...
- Nasdaq followed the plan lately but it did after breaching its previous high - The trend looks faded and I personally am aiming for a strong retracement - Without a strong retracement I don't think except for scalps there is a point longing anything without a strong reasoning. - If you are holding shorts then make sure you are prepared for a retracement...
Silver is currently trading in a Mid Range - On a 4HTF Silver looks bullish - I will look to scout for longs more here cause I believe a leap can be seen easily
- GOLD IS CURRENTLY TRADING AT A WEEKLY SUPPLY - Before initiating shorts wait for retracement back to 2055-2068 - I think that can be a safe swing short - Wait for the short base to get matured and then the targets could easily range from 1950-2000 - Avoid trading FOMC and other data days
- Dxy currently looks bullish - I am waiting for a retracement if not we can see DXY mitigate its overhead supply - DXY can take out some more bullish momentum post that we can see some downfall. - We are in a mid-range don't trade aggressively.
#Arbitrum Hits New All-Time High LSE:ARB has just reached a new ATH of $1.84, currently trading at the red box resistance. If it breaks upward, #ARB could experience super bullish growth. However, if rejected, there may be more dip buying opportunities around $1.30. In a bull market, we can envision ARB/USDT price reaching $10. Our long-term outlook remains...
- The market is back above 1.5t$ - The structure looks solid and the range has been broken too - I think we can surely see more infusion in the market very soon. - BTC and all other alts can easily double triple or quadruple your whole Portfolio
- USDT Dominance works inversely with the Crypto Market - USDT has been following my path and I firmly believe this wave could lead to every alt jump soon. - The narratives are obviously going to be there playing out in a different way but make sure you follow this closely - Once you see this approaching it's previous lows try cutting down your size in Alts and...
- Verge is currently consolidating in a range - It's going to be very important to see how Verge exactly takes more liquidity from the downside. - Your entries here should be made or taken in parts this will help you in filtering out your and getting the best average entry - Try keeping your entry in 3 parts first execution for 30% second 50% and the last one...
- Ethereum has not yet outperformed BTC fully. - Ethereum can now print a huge impulsive wave which can lead to an extended rally - I think the next target for Ethereum would be around 2800-3000$ - If you are looking for longs in ETH then you can keep an SL of 2150$ and 2260$ - Kindly don't over-leverage and do not buy impulsively too. - Spot is King and markets...
- I think ADA can show us another huge impulsive move post this consolidation - Let this consolidation mature more and you can easily see this moving 50% more - I think it's very important for the base to mature
- Inch followed my path and it exactly moved the way I had anticipated - My overall expectation out of 1inch remains the same and I am still bullish - If you already have 1 inch in your bag or accumulated it in the dip then you can keep adding more and more size in every retracement you see. - Do not start cutting your size until the overall market turns...
8-year long consolidation breakout can be seen in weekly chart of Exide industries. The stock looks good for next 5-6 month period
- IGL is a stock which has a decent or sluggish movement - Less volatility which also can reduce some volatile moves in your Portfolio - From a positional perspective keep a stop loss of 390 if you entered around 403 with me - I think this time the retracement can be a little small and demand-driven - Enter partially at 406-408 keep your 50% fiat to enter...