Lido DAO Long-Term analysis, getting profit of +540% ROILido is currently trading within sideways waves and has recently breakout above a trendline within these waves. This indicates a potential uptrend. The first target is the top of the sideways wave at $3.45 USD, which also acts as a resistance level. Reaching this target could yield a potential profit of +181% percentage ROI. If the market closes above or breakout of this first target, a more significant price movement could occur, potentially reaching the second target of $6.325 USD. This could result in a total potential profit of +540%. Good luck.
Trend Analysis
52500 is that needs to be broken to confirm new ATH for BNF ! As we can see BANKNIFTY has shown over 2200++ points since last few days and we stood adamant to our decision of buying the dip till our level was not breached below hence following our view, we can expect BANKNIFTY to start rejecting at 52500 levels or can trap showing breakout but if sustains then we may see new ATH for BANKNIFTY so plan your trades accordingly.
Current market structure of NaukriAfter a good uptrend followed by a tough downward pressure, the overall structure seems to have started improving.
The tough downward pressure in the foregone period saw lower highs and lower bottoms, but when it was declining the bottoms weren’t falling as much as the tops had been falling. This is a good sign, and the making of a strong base before a good uptrend starts.
"Vedant Fashions: Poised for a Bullish Breakout or Pullback?"1. Overall Trend:
Bullish Trend: The price shows a consistent upward trajectory supported by a rising trendline. This suggests strong buying interest in the stock over the period.
Higher Highs and Higher Lows: The candlestick pattern indicates an uptrend with progressively higher peaks and troughs.
2. Key Observations:
Demand Zones:
Weekly Demand Zone (W): Around 1200–1250, indicating strong buying activity at these levels. If the price falls back to this zone, it could act as support.
Daily Demand Zone (D): Around 1300–1350, where the price consolidated before resuming its upward movement.
Breakout Attempt:
The price is testing resistance near 1475, as shown by the yellow line. A breakout above this level could signal further upside momentum.
Volume:
The volume (259.59K) shows decent participation, suggesting confidence in the current rally.
3. Possible Scenarios:
Bullish Continuation:
If the price breaks and sustains above 1475, the next possible resistance levels could be around 1500–1550.
Look for increasing volume and strong green candles for confirmation.
Pullback:
If the price faces rejection at 1475, it may retrace to the trendline or the demand zone at 1300–1350 for consolidation before another upward move.
Support Levels:
Immediate support lies at the rising trendline.
Strong support exists at 1300 (Daily Demand Zone) and 1200 (Weekly Demand Zone).
4. Indicators to Watch:
Relative Strength Index (RSI): Check if RSI is approaching overbought levels near resistance.
Moving Averages: Use moving averages (e.g., 50-day and 200-day) to confirm trends and identify support levels.
General Market Context:
In a broader market uptrend, the stock is likely to follow the bullish trend. Conversely, if the market weakens, expect a pullback or consolidation around the demand zones.
CastrolStock is showing Three black crows bearish pattern om monthly TF
On Daily TF today its formed Dark cloud cover bearish pattern.
But it’s currently trading at crucial support of 185 on monthly TF with assending channel formed and next support will be 160/ 165.
stock will have immediate resistance at 214 / 230 /240 level.
Thus stock is also corrected 30% in last 3 months similar to all other stock.
In all major technical indictor , stock shows completely oversold .
One has to watch whether stock will take monthly assending channel support and will start next strong upside move beyond 211/ 215.
$BTC Bearish Divergence Signals Potential Correction to $77K GAP#Bitcoin is showing clear bearish divergence, suggesting a potential correction ahead.
The price may drop to the $77,000 level to fill the CME gap, with major support around $74,000.
Traders should monitor these key levels for potential opportunities and confirmation of a reversal.
Key Levels:
Resistance: $100,000
Potential Gap Fill: $77,000
Major Support Zone: $74,000
📉 Plan: Look for bearish confirmation and assess risk at key support areas.
If CRYPTOCAP:BTC reclaims support, it could trigger a rebound.
Infoedge set for a good upsideThe stock has successfully passed the resistance region it faced in sept-oct 2021.
The price has started rising above the 20 and 50 SMA, with good volumes.
OBSERVATIONS SINCE 2018 indicate that
Each time the stock is going up, with consolidation stoppages of around 30 to 120 days, and then when it is able to cross the previous resistance levels (often after a retest within a month or less) - it sees a good uptrend. NSE:NAUKRI
GMMPFAUDLR Trading Above Tested Weekly Demand ZoneGMMPFAUDLR is currently trading at ₹1201, above its demand zone between ₹1175 and ₹1111, identified on 17th November 2023. This tested zone suggests potential buying interest if the stock price revisits this range. Investors may watch for a pullback to these levels, which could offer a buying opportunity near this support area.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
Siemens StrongChart -> Siemens Daily
Double bottom breakout in Siemens at support level. Eyeing resistance as target again.
CMP: 7350
Good Range to Buy: 7150 to 7350
Targets: 7600, 8000
SL: 7000 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
The Runway Train - CautionCoforge is a large CAP IT stock and historically has demand PE in 33-40 range. but at this stage the PE is 72. the sales are rising and price is also at all time high.
Can stock justify such an high valuation? may be yes? if something is known to buyers about the company that is not public.
Caution till we get clarity.......
NIFTY- Intraday Levels - 26th November 2024If NIFTY sustain above 24240 then 24359 to 24401 above this bullish day close above this can be consider bullish.
If NIFTY sustain below 24166 below this bearish then 24086 below this more bearish day closing below 24000 can be considered bearish
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
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I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
SHANTHI GEAR - TRENDLINE RESISTANCEShanthi Gear is at a good support, faced Resistance at Trendline 5 times, there is probability of a reversal if it gives a Breakout of the Trendline.
For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
PTC India for 100%+ gainsDate: 25 Nov’24
Symbol: PTC
Timeframe: Weekly
Seems like, Wave 4 is finally over in PTC India (in my 15th Sept post, I mentioned it as already over but the Wave was a complex one) and it will soon resume its up move in Wave 5 for the destination of 370-80. Some interesting facts to know why it can still double up from its current price of 168?
a. Healthy sales growth and debt reduction (lower interest cost) resulting in better balance sheet
b. Trading at very low Market Cap to Sales ratio of 0.30 and below book value
c. On charts, the stock is currently trading at price lower than December 2007 (it made a high of 201 in 2007)
This is not a prediction but a possible wave count. This is also not a recommendation to trade or invest. Please do your own analysis.
Aakhirkaar PTC India mein Wave 4 khatam hota dikh raha hai (mere 15 September ke post mein, maine kaha tha Wave 4 lagta hai end ho gaya hai par usne complex roop leliya) aur yah jald hee 370-80 ke lakshya ke lie Wave 5 mein apanee upmove phir se shuroo kar dega. Yah stock 168 se current price se kyon double ho sakta hai, neeche padhe.
a. Achi sales growth aur debt mein kamee (kam interest payments) ke kaaran ab balance sheet better hogayi hai
b. 0.30 ke bahut kam market cap to sales ratio aur aaj ka price book value se bhi kam hona
c. Chart par, stock abhi bhi December 2007 se bhi kam price par trade kar raha hai (2007 mein isne 201 ka high banaaya tha)