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Trianglepattren

BTCUSD (CRYPTO) buy on dipsBTCUSD made All Time High 73805 on 14th March 2024 post that made low till now is 49112 on 5th Aug 2024 corrected nearly for 5 months. Elliott Wave Analysis : BTCUSD in Triple correction namely w-x-y-x-z of which last leg is in progress... till now low made 49112. Expecting wave z to form Triangle Pattern. Indicator : MACD given Positive Diversion and Positive cross over. Important support : Channel support near 53000 psychological level and low 49112 Worst case expected low : 45000 Improtant Fibonacci level : 0.618 % : 58430 (Acting as immediate resistance) Buying opportunity : Conservative approach: Buy on crossing 0-b trendline and sustaining above golden fib 58430 Aggressive approach : accumulate slowly near 45000-58430 Upside Potentials: 73000++ in long term Conclusion : Be cautious now in shorting BTCUSD. Now time to look for buying opportunity in dips. Disclaimer : Study here presented only for Educational purpose... No Trading advise..
CRYPTO:BTCUSDLong
by MDstockmagic
GRAVITA INDIAMarket Cap 7,425 Cr. Stock PE 31 vs Industry PE 31.6 ROCE 27.6 % ROE 33.5 % EBIDT growth 3Years 41.2 % ROIC 21.5 % EPS growth 3Years 61.3 % EPS growth 5Years 72.7 % EPS growth 7Years 32.2 % Earnings yield 4.11 % Promoter holding 66.5 % Pledged percentage 0 % PEG Ratio 0.43 Debt to equity 0.65 Piotroski score 5 Chg in FII Hold 0.50 % Gravita India to Lead processing, aluminium processing, trade (Lead products and aluminium scrap) and dealing in Turn-key lead recycling projects. The Company carries out smelting of lead battery scrap / Lead concentrate to produce secondary Lead metal, which is further transformed into Pure Lead, Specific Lead Alloy, Lead Oxides (Lead sub-oxide, Red Lead, and Litharge) and Lead products like Lead sheets, Lead powder, Lead shot etc. Further, Company has also entered in the PET product manufacturing. Co’s product is classified into 5 verticals: Lead recycling, Aluminium recycling, Plastic recycling, Rubber recycling, and Turnkey Solutions.
NSE:GRAVITALong
by CannySunny
BankNifty (Alternate) - Do not Sell Until 50939 BreachedWaveTalks - Market Whispers! Can You Hear Them? Disclaimer: This is not a solicitation to buy or sell. Please consult your financial advisor Follow-Up on the Previous Idea Our last suggestion to sell BankNifty below 51404 was spot on, as we witnessed a 200-250 point drop during the session. However, I expressed concern that the decline didn’t seem convincing, suggesting that new highs could still be possible as long as 50939, our critical level, remains intact. Recent Developments On 29th August 2024, the index opened near 51000, reaching a precise low of 51028, which we marked as Wave C. Holding 50939 was critical, as suggested at 11:12 am in the last Bank Nifty Idea. Following this, we saw one push towards recent highs, reaching 51369, which we marked as Wave D. Currently, we are observing a sharp fall in Wave E, which is still unfolding. Last Idea - BankNifty - Is This an Ending Diagonal What to Expect Next Holding 50939: If BankNifty manages to hold above 50939, expect the bulls to regain control, potentially driving the index beyond 51404, with new highs on the horizon. Breaking 50939: Should the index fail to sustain above 50939, traders should brace for further downside. This break could signal the end of the current bullish wave structure and open the door for a deeper correction. Key Levels to Watch Immediate Support Test: Monitor the behavior around 50939 closely in the upcoming sessions. Potential Upside: If 50939 holds, look for upside momentum as we approach the first week of September 2024. This is a pivotal moment for BankNifty. Stay alert and be ready to adjust your positions based on the critical 50939 level. Regards WaveTalks
NSE:BANKNIFTYLong
by WaveTalks
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