JSWINFRALooks Supergood on Charts.
Near All Time High.
Above all Key EMA.
Good for Shortterm.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Alltimehigh
SWING IDEA - FINOLEX INDUSTRIESWith a rich legacy and a strong foothold in the industrial sector, Finolex Industries emerges as an intriguing candidate for swing traders seeking opportunities in the market.
Reasons are listed below :
Breakthrough Attempt: After multiple tests, the stock is attempting to break through the critical 240 level, signaling a potential bullish breakout.
Bullish Marubozu Candle: A bullish Marubozu candle on the weekly timeframe signifies strong buying pressure and potential upward momentum.
Candlestick Engulfing Pattern: This week's candle has engulfed the previous eight weekly candles, indicating a significant shift in market sentiment towards bullishness.
50 EMA Support: The 50-period Exponential Moving Average (EMA) on the weekly chart acts as reliable support, reinforcing the bullish bias.
0.618 Fibonacci Support: Finding support at the 0.618 Fibonacci level strengthens the bullish case, suggesting a solid foundation for potential upward movement.
Constant Higher Highs: The stock has consistently formed higher highs, reflecting a trend of increasing bullish momentum and reinforcing the potential for further gains.
Target - 300 // 325
Stoploss - weekly close below 203
Disclaimer :
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
HDFC BANK _ Next Target is 1994 rupees (0.6 Fibonacci Extension)HDFC Bank is approaching its all-time high. If it Breakout above the resistance level, HDFC Bank could reach a New All-Time High, with the first target at 1994 rupees (0.6 Fibonacci extension level). The second target is 2385 rupees (100% Fibonacci extension). This is a Long-Term projection, so it is important to follow trend continuation techniques.
I want to help people to Make Profit all over the "World".
KALYANKJILAll Time High Breakout.
Accumulation Done.
Good Volumes.
Above all Key EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
NETFLIX Retesting All-Time-High! Sell!
Hello,Traders!
NETFLIX is trading in a
Strong uptrend but the
Stocks is now retesting
An all-time-high horizontal
Resistance level around 700$
From where we will be
Expecting a local bearish
Correction because the
Stocks is locally overbought
Sell!
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Check out other forecasts below too!
USDJPY / Consolidation with Potential for Bullish ContinuationMarket Consolidation and Key Levels:
The price has broken the all-time high and stabilized above it. As long as it trades above 159.820, it will remain in the bullish zone, targeting 161.800.
Bullish Scenario:
For the bullish trend to persist, the price must stabilize above 159.820, with an aim towards a target of 161.800.
Bearish Scenario:
A downtrend will be confirmed if the price stabilizes below 159.820, potentially reaching 159.110.
Key Levels:
- Pivot Line: 159.820
- Resistance Levels: 160.500, 161.300, 161.850
- Support Levels: 159.220, 158.800, 157.980
Summary:
The market is currently in a consolidation phase between 159.820 and 158.800. A break above 159.820 signals a bullish continuation towards 161.700, while stability below 158.800 indicates a potential decline to 157.970.
In summary, the key level to watch is 159.820. A move above this level confirms bullish momentum, while a drop below 158.800 suggests further downside potential.
Previous idea:
August till January 2020 altcoins -80%My opinion is that Bitcoin will reach newer heights, when that happened in 2020 most altcoins did -80%, just look at FTM or DIA for example. I only hope that moment is not now. I feel uneasy about the constant bullish weekly divergences, at least monthly RSI hints maybe we could have a small alt season soon. But it will be mostly to give late longers and stuck people (who holding at loss for months) to sell at breakeven.
Retest on past resistence can give you 75% on $INJThis is the 4th time the price rebounds on the 200 EMA (green) on 3 days time frame as indicated by the blue arrows
If you are more conservative, wait for a support over the pink traced line, that is the all-time-high around the 25.00 usd
The target will be the last reset of VWAP (Volume Weighted Average Price), quarter weighted, around 38.60 usd (orange traced line)
Options Blueprint Series: All-Time High Christmas Tree SpreadIntroduction
As Nasdaq futures continue to show bullish momentum, traders are eyeing the potential for a new all-time high. With market conditions favoring upward movements, leveraging options strategies that maximize upside potential becomes crucial. One such strategy is the Christmas Tree Spread, traditionally used to limit risk while maintaining profit potential. However, in this article, we will explore a modified version where all strikes are Out-Of-The-Money (OTM), creating a setup that profit to the upside no matter how high Nasdaq goes. This approach aligns perfectly with the optimistic outlook for Nasdaq futures and sets the stage for potential gains.
Strategy Overview
The Christmas Tree Spread is a versatile options strategy that can be tailored to suit various market conditions. Traditionally, when using calls, it involves buying one call at a lower strike price and selling three calls at higher strike prices and buying two more calls at even higher strike prices, creating a balanced risk-reward profile. In this modified version, we adjust the strikes to all be Out-Of-The-Money (OTM), enhancing the bullish nature of the strategy.
For this setup, while Nasdaq Futures are trading at 19,982.75, we select the following strike prices for Nasdaq futures options with an expiration date of September 2024:
Buy one 20000 call
Sell three 21500 calls
Buy two 21750 calls
By choosing these strikes, we position ourselves to benefit from any substantial upward movement in Nasdaq futures. All strikes being OTM ensures that the breakeven point is set above the current price, effectively betting on a new all-time high for Nasdaq. This configuration guarantees profit to the upside, regardless of how high Nasdaq futures rise.
Strategy Rationale
The rationale behind selecting an all OTM strike setup for the Christmas Tree Spread lies in the current bullish outlook for Nasdaq futures. As markets exhibit strong upward trends, the potential for Nasdaq to achieve new all-time highs becomes increasingly plausible. This strategy aims to capitalize on such a possible bullish scenario.
Why OTM Strikes?
Lower Cost: OTM options are generally cheaper, reducing the initial cost of setting up the spread.
Increased Profit Potential: Since all strikes are set above the current market price, the profit potential is maximized for any substantial upward movement.
Risk Mitigation: The structure of the spread inherently limits risk, as losses are capped while allowing for upside gains.
Breakeven Point: The breakeven point for this modified Christmas Tree Spread is calculated based on the premiums paid and received for the options. Given the strikes selected (20000, 21500, and 21750), the breakeven point is above the current E-mini Nasdaq-100 futures price (20,465.62), aligning with the expectation of a new all-time high.
Detailed Setup and Example Trade
Setup Details:
Buy one 20000: This is the lower strike option, purchased to gain exposure to significant upside potential.
Sell three 21500 calls: These are the middle strike options, sold to offset the cost of the purchased call and to create a spread.
Buy two 21750 calls: These are the higher strike options, purchased to cap the potential loss from the sold calls and complete the spread.
Premiums Involved: Assuming the following hypothetical premiums:
20000 call: 683.38 points
21500 calls: 145.42 each (436.26 total for three)
21750 calls: 109.25 each (218.5 total for two)
Net Cost:
Total cost of buying calls: 683.38 (20000 call) + 218.5 (21750 calls) = 901.88
Total premium received from selling calls: 436.26 (21500 calls)
Net cost: 901.88 – 436.26 = 465.62
Risk Profile and Reward-to-Risk Ratio:
Maximum Risk: The maximum risk is limited to the net cost of the trade, which is 465.62 points.
Maximum Reward: The maximum reward would take place at 21500 on expiration and is 1034.39 points. The structure ensures 534.39 points of profit as the index potentially climbs higher.
Breakeven Point: The breakeven point is the initial cost added to the lower strike price, which is 20000 + 465.62= 20,465.62.
Trade Scenario: To illustrate, let's consider the potential outcomes at expiration in September 2024:
If Nasdaq is below 20000: All options expire worthless, and the net loss is the initial cost: 465.61 points.
If Nasdaq is at 21500: The 20000 call gains 1500, the 21500 calls expire worthless, and the 21750 calls expire worthless. Net gain = 1500 - initial cost = 1034.39 points.
If Nasdaq is at or above 21750: The 20000 call gains 1500, two of the 21500 calls each lose 250, and the 21750 calls expire worthless. Net gain = $1500 - 750 (total loss from sold calls) – 465.61 (initial cost) = 534.39 points.
Risk Management
Risk management is a crucial aspect of any trading strategy, especially when dealing with options. For the modified Christmas Tree Spread strategy on E-mini Nasdaq-100 futures options, several risk management techniques can be employed to ensure that potential losses are minimized and profits are protected.
Use of Stop-Loss Orders:
Stop-Loss: Implementing stop-loss orders can help limit losses if the market does not move as expected. Setting a stop-loss at a certain percentage below the purchase price can automatically exit the position, reducing the risk of holding losing trades.
Hedging Techniques:
Protective Puts: Purchasing protective puts can provide additional downside protection if the market moves significantly against the position. This can be considered if there are signs of a strong bearish reversal.
Spreading Risk: Diversifying the strike prices or expiration dates can spread the risk and reduce the impact of a single adverse market movement. However, this needs to be balanced with the strategy's intent and market conditions.
Avoiding Undefined Risk Exposure:
Capped Risk: The strategy inherently caps risk by buying the 21750 calls, which limits the maximum loss from the sold 21500 calls. Ensuring that all components of the strategy are correctly implemented and monitored helps avoid unexpected risks.
Regular Monitoring: Regularly reviewing the position and market conditions ensures that the strategy remains aligned with the trader’s expectations and risk tolerance. Adjustments can be made as necessary to manage exposure.
By incorporating these risk management techniques, traders can enhance the robustness of the modified Christmas Tree Spread strategy, ensuring that potential losses are minimized while maximizing the chances of achieving the desired profit.
Application with Micro E-mini Nasdaq Options
The modified Christmas Tree Spread strategy can also be effectively applied to Micro E-mini Nasdaq futures options. Micro E-mini options offer the same strategic benefits but with smaller contract sizes (10 times less), making them more accessible for traders with smaller accounts or those looking to manage risk more precisely.
Advantages of Using Micro E-mini Options:
Lower Capital Requirement: The smaller contract size of Micro E-mini options means a lower initial cost, making it easier for more traders to participate.
Fine-Tuned Risk Management: Smaller positions allow for more precise control over risk, as traders can scale in and out of positions more easily.
Similar Profit Potential: While the absolute profit may be smaller compared to standard E-mini options, the percentage returns can be similar, providing an effective way to capture upside movements in E-mini Nasdaq-100 futures.
Comparison of Standard E-mini vs. Micro E-mini Options: Standard E-mini options have larger contract sizes and are typically used by traders with more significant capital to invest. In contrast, Micro E-mini options offer smaller contract sizes, making them ideal for traders with smaller accounts or those who prefer to manage risk more precisely. Both options provide the same strategic advantages but cater to different levels of investment and risk management needs.
Using Micro E-mini Nasdaq futures options provides traders with the same strategic advantage of capturing significant upside potential while managing risk effectively, aligning well with the bullish market outlook for E-mini Nasdaq-100 futures.
Conclusion
The modified Christmas Tree Spread strategy offers a robust and flexible approach to capitalizing on the bullish momentum of E-mini Nasdaq-100 futures. By strategically placing all strikes Out-Of-The-Money and targeting a new all-time high, this setup ensures profit potential to the upside, no matter how high Nasdaq climbs. With proper risk management and precise execution, traders can maximize their gains while minimizing risks. Whether using standard E-mini options or Micro E-mini options, this strategy provides a powerful tool for navigating the current market conditions and positioning for future growth.
When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies.
General Disclaimer:
The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
Amz ready to breakoutAmazon all set to breakout from its all time high resistance
Buy at breakout confirmation at 191 on daily
Very good risk to reward ratio
Dyor
HUHTAMAKILooks Ready for a Multiyear Breakout.
Good Volume Buildup.
Above all Key EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
SWING IDEA - CARBORUNDUM UNIVERSALCarborundum Universal , a renowned conglomerate in the industrial sector, presents a compelling swing trade opportunity.
Reasons are listed below :
A bullish Marubozu candle on the weekly timeframe signals strong buying pressure and potential upward momentum.
The stock is breaking out of a consolidation phase lasting over a year, indicating a significant shift in market sentiment and potential for sustained movement.
Finding support at the 0.382 Fibonacci level strengthens the bullish case, providing a solid foundation for potential upward movement.
The 50-period Exponential Moving Average (EMA) on the weekly chart acts as additional support, reinforcing the bullish bias.
The stock is attempting to breach its all-time high, signaling strong upward momentum and potential for further gains.
Notable increase in trading volumes reflects heightened market interest and potential accumulation by investors, adding confirmation to the bullish thesis.
Target - 1405 // 1475 // 1650
Stoploss - weekly close below 1085
Disclaimer :
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
20 Microns LTD have Broken All Time High With Very Good VolumeKey Activities
• 20 Microns invests in research &
development to develop innovative products
& processes that can be used in various
industries
Key Products.
White Pigment Opacifier
Synthetic Aluminium Silicate
High Performance Opacifier
Flash Calcined Clay
Matting Agent
Polyethylene Wax
Organo Clays
Calcium Carbonate
• Natural Baryte
• Natural Talc
• Natural Mica
• Natural Silica
• Calcined Kaolin
• The company works with close proximity with
its customers to provide customized
solutions based on their specific
requirements
Key Resources
• Mines
• Technology & R&D prowess
• Human Resources
• Trusted Brand Image
Cost Structure
• Raw material cost is ~50% of the revenue
• Other major costs are power & fuel, freight
& logistics accounts
Revenue Generation
• Revenue is generated from sale of industrial
minerals, specialty chemicals and branded
products.
• The company also generates revenue from
sale of its products outside India.
• The company has formed strategic alliances
and joint ventures with global players, which
help to expand its business and generate
revenue from new markets.
Revenue from Operations - ₹ 921.40 mn
EBITDA - ₹ 106.10 mn
EBITDA Margins – 11.52%
PAT - ₹ 32.40 mn
PAT Margins – 3.52%
Financial Performance Comparison FY24 v/s
FY23:
Consolidated revenue from operations
increased by 10.80% and stood at
₹7,774.93 Mn in FY24 from ₹7,016.87 Mn
in FY23. This growth was led by addition of
new customer and through enhancing our
core offerings through several strategies,
such as expanding distribution channels
and launching new products.
EBIDTA increased by 22.63% from ₹857.36
Mn in FY23 to ₹1,051.34 Mn in FY24
margins improved from 13.52% in FY24 to
12.22% in FY23.
PAT during the year stood at ₹561.60 Mn
in FY24 compared to ₹419.62 Mn in FY23
with margins improving to 7.22% from
5.98%.
SWING IDEA - PRESTIGE ESTATESPrestige Estates , a leading Indian real estate developer, is showing a compelling opportunity for a swing trade.
Reasons are listed below :
Breakthrough of Resistance Zone : The 1350-1400 range had been a significant resistance zone, but the price recently broke through and achieved a weekly close above it, indicating a strong upward momentum.
0.5 Fibonacci Bounce : The price retraced to the 0.5 Fibonacci level and subsequently bounced back, suggesting this level is acting as strong support, reinforcing the potential for continued bullish movement.
Breakout from Consolidation Phase : The stock has broken out of a 4-month consolidation phase, signaling that it could be entering a new upward trend.
Bullish Marubozu Candle on Weekly Timeframe : Last week's marubozu candle (with minimal shadows) indicates strong buying pressure and supports the case for continued bullish momentum.
Trading Above 50 and 200 EMA on Weekly Timeframe : Prestige Estates is trading above both the 50-week and 200-week exponential moving averages, which is a robust signal of a prevailing uptrend.
Trading at All-Time High : The stock is currently trading at its all-time high, indicating strong bullish sentiment. However, traders should watch for potential pullbacks or resistance at this level.
Target - 1650 // 1800 // 1900
Stoploss - weekly close below 1300
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
NQ Power Range Report with FIB Ext - 6/20/2024 SessionCME_MINI:NQU2024
- PR High: 20241.25
- PR Low: 20227.50
- NZ Spread: 30.75
Key economic calendar events
08:30 | Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
11:00 | Crude Oil Inventories
ATH march continues through rollover week
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 248.72
- Volume: 91
- Open Int: 229
- Trend Grade: Bull
- From BA ATH: -0.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20383
- Mid: 19246
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
BAJELAll Time High Breakout .
Volume Buildup seen.
Above all Key EMA.
Good for Short Term and Long Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
HPLAll Time High Breakout.
Massive Volume Buildup.
Above all Key EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
GMRINFRAMultiple Breakouts.
52 Week High and Rounding Bottom.
Good Volume Buildup.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
JKPAPERATH Breakout .
Good Volume Buildup.
Above all Key EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
AMD - Trading opportunity is almost there!Hello Traders and Investors, today I will take a look at AMD .
--------
Explanation of my video analysis:
The stock chart of Advanced Micro Devices (AMD) is looking quite interesting at the moment: A couple of months ago AMD broke out of a major symmetrical triangle formation, creating another rally of roughly +100%. But at the moment AMD also already corrected roughly -40% and is approaching a major confluence of support at the $125 level from which we could see another bullish reversal and rally.
--------
Keep your long term vision,
Philip (BasicTrading)
NIFTY DAILY - 10/6/2024Nifty opens with gap up and made All Time High which 23411 but didn’t sustain the upper level and made days that is 23227 level.
Nifty gave closing down by -30 points which is around -0.13%.
Index has formed a red body candle with long upper shadow which indicates participants were selling from higher level.
Currently RSI is trading at 58.
Nifty is not able to sustain above 23300 level so, further 23396 will work as resistance level with support of 23007 level.
Bank Nifty levels
Support – 49547
Resistance – 49974
Today’s Advance Decline ratio of NIFTY50
Advance - 27
Decline - 23
FII Buy + 2572.38 crores
DII Buy + 2764.64crores.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Breakaway gap in Balkrishna Industries?The price of NSE: BALKRISIND did breakout from previous all time high and resistance zone with a gap. This could possibly be a breakaway gap with high volume.
The gap was tested this week and bulls held the breakout.
Looks like decent chances of continuation from here.
TITAN - The time looks Good !!- All time high was tested 3 times
- Recent rejection from All time high
- Finally the price broke ATH, with a good momentum candle.
- PE looks good.
Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong.:)
