Banknifty cautious level: Exit poll; Avoid - levelsBanknifty " Wedge pattern "
Now, currently Trading inside sideways level.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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Refer old ideas attached below
Trend Line Break
Ramky Infra-Do not miss this Potential multibagger!Ramky Infra is a strong stock from infra sector with big potential to be a multibagger.
Stock has bounced from strong support and given a weekly breakout of trendline.
We can expect quick move in this stock. Keep in watchlist.
If you are a risk taker, you shouldn't miss this breakout.
spal break all records of returns for his long term investors SPAL is perfect example of follow technical parameters. That share holds pure trend line breakout holds W pattern and holds life time triple top monthly breakout and above to that holds strong support zone + flag pattern breakout which show that 680 share price
DOUBLE his share price in next 3 to 5 month almost 1200 and my target for that share 2200 in next 2 year
technical points
1- Flag pattern breakout
2- follow trend line breakout
3- triple top breakout on monthly and that is also his support zone
TRG
1st TRG - 800
2nd TRG 1200
FINAL TRG 2200 almost 4 times of his current value in next 2 year may be he will achieved his TRG very early according to my time frame
STOP LOSS 498
AUTOMAKER ABOVE NECKLINE NOW.While all the auto stocks were moving, NSE:ATUL remained silent. Finally it is ready to move now. Trendline breakout strongly done, re-test complete and now heading for inverted H&S breakout. Once it breaks out, 7000+ levels will be there soon. One can expect some strong sales data as a trigger at the beginning of next month.
Royalty to PARENT Co. rejected.After many controversies and findings in the product, NSE:NESTLEIND is at an interesting level. Shareholders have rejected the proposal to increase the royalty to parent company. This means company will have more funds available for equity shareholders. Since the split, we have seen some volatility. What next from here for the stock? Will there be any action and prices will fall suddenly, how it happened with Kotak Mahindra Bank or stock manage to move out and get back to the growth path?
xauusd set a record this morning when CPI news was releasedGold rose near $2,375 per ounce on Thursday, rising for the third straight session, as investors await US CPI data due later today to seek cues on the Federal Reserve's timing and depth of interest rate cuts. The annual CPI inflation is expected to ease from 3.3% to 3.1% in June, while the core CPI is anticipated to remain unchanged at 3.4%.
🔝🔝 Deekop's research and comments XAUUSD PLAN DAY TODAY July 11
🔴SELL GOLD: 2390 - 2400, SL: 2404
🟢BUY GOLD: 2340 - 2338, SL: 2334 ( Scalp)
🟢BUY GOLD: 2358 - 2356, SL: 2334
⛔️Breakout: top border 2387 - 2390 - 2403 - below 2370 - 2365 - 2355
🔼Support: 2365 -2355 - 2350 - 2340 - 2335
🔽Resistance: 2387 - 2395 - 2400 - 2410 - 2414
Wish everyone success
Global Offshore Services Ltd going strong.Technical and Fundamental Anaylysis for Global Offshore Services Ltd. If you like the analysis, please do not hesitate to give boost to the stock idea.
### Price Action Analysis
1. **Head and Shoulders Pattern:**
- **Left Shoulder:** Formed around mid-2022.
- **Head:** Formed around early 2023.
- **Right Shoulder:** Currently forming around mid-2023 to 2024.
- This is a typical reversal pattern indicating a potential change in the trend from bearish to bullish.
2. **Ascending Channel:**
- The price is moving within an ascending channel, suggesting a gradual increase in price.
- The upper and lower boundaries of the channel are acting as resistance and support levels, respectively.
3. **Cup and Handle Pattern:**
- A large cup and handle pattern appears to be forming over several years, with the bottom of the cup around 2020 and the handle forming currently.
- This is another bullish pattern that can indicate a continuation of the uptrend once the pattern is completed.
### Volume Analysis
- **Increasing Volume:** The recent candles show increasing volume, especially around the right shoulder formation, which is a positive sign. This suggests strong buying interest and supports the bullish patterns identified.
### Summary
- **Bullish Indicators:**
- The head and shoulders bottom pattern, cup and handle pattern, and ascending channel all suggest a bullish outlook for Global Offshore Services Ltd.
- Increasing volume and a rising RSI further support the bullish case.
- **Key Levels to Watch:**
- **Resistance:** The upper boundary of the ascending channel and the neckline of the head and shoulders pattern.
- **Support:** The lower boundary of the ascending channel and the recent low of the right shoulder.
- **Actionable Insight:**
- If the price breaks above the neckline of the head and shoulders pattern with strong volume, it could be a signal to buy.
- Conversely, if the price falls below the support levels with increasing volume, it might indicate a potential bearish reversal.
Fundamentals from Screener.in
Global Offshore Services Ltd. has had a turbulent financial history, with several key metrics providing insights into its performance over the past decade.
### Financial Performance and Ratios
1. **Revenue and Profit Growth**:
- The company has experienced negative compounded sales growth over the past 10 years, with a significant decline observed in the last 5 years and 3 years as well
- However, there has been a notable improvement in profit growth, particularly in the recent term, with a 70% increase in TTM (Trailing Twelve Months) profit growth
2. **Earnings and Net Profit**:
- Despite past losses, Global Offshore Services reported a turnaround with a net profit of ₹38 crores in the most recent fiscal year, a significant recovery from previous years of losses.
- The company's EPS (Earnings Per Share) also improved, although it still reflects the volatility experienced in past years.
3. **Debt and Liabilities**:
- The company has significantly reduced its borrowings from ₹1,155 crores in 2019 to ₹37 crores in 2024, which indicates a strategic focus on debt reduction.
- Total liabilities have also decreased, showing a more manageable financial structure.
4. **Cash Flows**:
- Operating cash flow remains positive, indicating that the company's core operations are generating cash, albeit at lower levels compared to earlier years.
- Cash from financing activities reflects the company's efforts to repay debt, resulting in negative cash flow from financing.
### Market Performance
- The current share price of Global Offshore Services Ltd. is ₹65.21, with a PE ratio of 4.35.
- The stock has shown significant gains over the past year, with a 1-year return of 60.86%.
- The market capitalization of the company stands at ₹156.02 crores.
### Conclusion
Global Offshore Services Ltd. appears to be in a recovery phase, with improved profitability and a stronger balance sheet due to reduced debt. The market has responded positively to these improvements, as reflected in the significant stock price gains. However, investors should remain cautious due to the historical volatility and ongoing challenges in revenue growth.
USDT.D Bearish Shark Pattern Signals Move to Key Support LevelsUSDT.D has formed a bearish shark pattern and has broken the support trendline, indicating a likely move towards the 4.6% and 4.10% support areas. The bearish confirmation is further supported by the RSI falling from the overbought zone and a clear bearish cross on the MACD.
#USDTDominance #BearishSharkPattern #TechnicalAnalysis #Crypto #RSI #MACD #SupportLevels #CryptoTrading
BTC Breaks Free from Downtrend: Next Stop $72KBitcoin Shows Bullish Signs: Breaks Downtrend, RSI Rebounds, Targeting $85K and $90K
Bitcoin has recently displayed strong bullish signals in the market. It formed a bullish divergence and successfully broke its downtrend. The RSI (Relative Strength Index) has bounced back from oversold levels, indicating increasing bullish momentum.
To sustain this upward trend, Bitcoin now needs to surpass key resistance levels at $64,500 and $72,000. If these levels are breached, new targets of $85,000 and $90,000 come into focus, potentially marking significant milestones for BTC's price trajectory.
This combination of technical indicators suggests a bullish outlook for Bitcoin in the near term.






















