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SWING IDEA - RAMKRISHNA FORGINSConsider a compelling swing trade opportunity in Ramkrishna Forgings Limited , a leading manufacturer of automotive components in India, catering to both domestic and international markets. Testing Strong Resistance Zone : The price range of 750-770 has been tested multiple times and is currently attempting to breach it, indicating potential bullish momentum. Bullish Engulfing Patterns : Bullish engulfing candlestick patterns observed on both the weekly and daily timeframes signal strong buying momentum and potential upward movement. Trading at All-Time High : Ramkrishna Forgings is currently trading at its all-time high, indicating strong bullish sentiment and potential for further gains. Trading Above 50 and 200 EMA : The stock is trading above both the 50 and 200 Exponential Moving Averages (EMA) on the daily timeframe, confirming its bullish bias and potential for trend continuation. Volume Spike : A significant spike in trading volumes reflects increased market interest and potential accumulation by investors, adding confirmation to the bullish thesis for Ramkrishna Forgings. Target - 860 // 945 Stoploss - daily close below 700 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
NSE:RKFORGELong
by Visionary_Growth_Insights
4
DELYSIUM (AGI)One of my favourite altcoins for a number of reasons is DELYSIUM. An AI-powered open world framework project, the first web3 operating system that has seen incredible gains in the last year, up 467% YTD. The AI narrative is a very strong one, perhaps the most likely to succeed in this Bullrun and so choosing the right projects to back over the next 12-18 months is so important. Since the start of the year AGI has rapidly climbed to new heights, with a previous ATH of $0.45 Delysium moved into price discovery before losing momentum and falling back under. A big reason for this is not only because the rally ran out of steam but because BTC made a similar move, and once BTC pulls back the rest of the market is usually subject to the same move, however altcoins usually hold value much worse than BTC. The chart shows price has retraced back to the origin point of the last leg of the rally, the Bullish OB+ area and reacted well off this zone. After this strong reaction price meets the trendline resistance and fails to break it after 4 attempts. Another pullback into the Bullish OB+ give AGI another chance to escape the bearish trendline which it does and begins to make new Higher highs and Higher lows, a bullish trend has begun on the LTF. The last thing AGI now needs is to break market structure to confirm a new bullish trend which it does by sweeping the supply zone on the nearest local high. Using the Fibonacci zones we can find the best place for entry between the 0.62 & 0.79 areas of the pullback just after a "change of character" (CHoCH). With strong fundamentals as well as bullish technical analysis it is clear that AGI is a great project to consider. With a strong probability trade like this and Take Profit (TP) targets as price continues its rally. Obviously as with all Altcoins they are subject to BTC price movements, this trade idea will really be determined by BTC regaining the 4h 200ema. If Bitcoin can do that we'll have more confidence and confluence in the trade idea, if BTC continues it's LTF downtrend then the trade idea could be postponed and look for a better entry. The Stop Loss (SL) will be the invalidation area.
by ProR35
Bitcoin - Channel, Breakout and a $250.000 Target!Hello Traders and Investors, today I will take a look at Bitcoin . -------- Explanation of my video analysis: On the higher timeframes of the Bitcoin chart - symbol BTCUSD - you can immediately spot a simple rising channel formation. About a year ago, Bitcoin retested and rejected the lower support of the rising channel formation and is now retesting the previous all time highs at $65.000. If we see a breakout, the next resistance is all the way up at $250.000. -------- Keep your long term vision, Philip (BasicTrading)
BITSTAMP:BTCUSDLong
by basictradingtv
6
#BTC: Upward Trend Emerging? Breakout from Falling Wedge PatternHello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Great recovery so far! After a quick dip to $56k, Bitcoin has shown some resilience. As you can see on the chart, the price surged above the crucial resistance level of $62k, potentially confirming a bullish reversal or deviation. Additionally, the breakout from the falling wedge pattern adds further bullish technical momentum. Based on this pattern, we could potentially see a price increase towards the previous high of $73,400. However, it's important to note that this is just a possibility. Invalidation of this bullish scenario: A daily close below the $62k level would weaken the current bullish momentum. ⬇️ What are your thoughts? Share your technical analysis and insights in the comments below!
Long
by CoreCrypto1
1
#GOACARBON Company has reduced debt. Company has a good return on equity (ROE) track record: 3 Years ROE 35.2% Extensive experience, reputed clientele and established t rack record of operations in the CPC segment GCL is a part of Dempo Group, which was established in 1941. The group has diversified operations with a presence in Iron Ore mining and exports, Construction, Publishing, Ship Building, Travel and Trade, among others. GCL has more than five decades of track record in the production of CPC and hence has an established market position amongst the leading producers of CPC in India. The chairman of the company, Mr. Shrinivas Dempo has an extensive experience of over three decades in the industry. GCL caters to reputed companies among the Aluminium Industry, Graphite Industry and Steel Industry which includes Hindalco Industries Limited (HIL), Vedanta Aluminium Limited (VAL), The Kerala Minerals and Metals Limited (KMML), Steel Authority of India Ltd (SAIL) to name a few. GCL has also healthy relations developed over a decade with the various global raw material suppliers such as Kuwait Petroleum Corporation, Oxbow Carbon & Minerals LLC, Mitsubishi Corporation Limited among others. Acuité believes that the established position in the industry and healthy relations with both customers as well as suppliers will help the company to maintain a stable business profile in the CPC segment. Improvement in business risk profile The business risk profile of the company witnessed improvement reflected by growth in revenues during FY2023 and 9MFY2024. The revenue from operations of GCL improved to Rs. 1364.36 Cr. in FY2023 against Rs. 766.12 Cr. in FY2022. Further, the revenues during 9MFY2024 stood in similar range at Rs. 606.42 Cr. The surge in the demand of aluminium while tightening of its supply marked by geo-political issues and consequent sanctions on Russia, which contributes almost 6 percent of the global aluminium supply, has resulted in an implicit effect on the pricing of CPC. The average selling price of the CPC during FY20-21 stood at around Rs. 22,000 per metric tonne which grew to Rs. 42,000 per metric tonne in FY21-22, while as on 9MFY23 the average selling price stood as high as Rs.77,000 per metric tonne. Acuité believes that GCL’s operating performance is susceptible to the changes in pricing of CPC and the same will remain critical for its future growth.
NSE:GOACARBON
by iism-ExpertTrading
ONDO/USDT BULLISH STRUCTURE! READY TO PUMP 100% FROM HERE!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Welcome to this ONDO/USDT Trade setup! According to the chart, it is forming a bullish structure. Breakout is also done and currently, retesting it. Buy some here and add more in the dip. Entry range:- $0.80-$0.84 Targets:- $0.98/$1.22/$1.44/$1.84 Stop Loss:- $0.73 What do you think about this? Share your views in the comment section. Thank You!
Long
by CoreCrypto1
1
#ETH forming this massive falling wedge!Taking a look at the #Ethereum daily timeframe, we are still potentially forming this massive falling wedge pattern because as of right now, the price has not yet confirmed the break either below the line or above its resistance line. The line of support is sitting at around 2890, so also right around that 2.9K level, which is an important level on the chart, and this resistance is sitting at around 3K, which is the level we need to confirm a breakout above in order to confirm the bullish price target for this pattern. Stay tuned for updates. #cryptocurrency CRYPTOCAP:ETH BINANCE:ETHUSDT
by CRYPTOMOJO_TA
EURUSD potential upside move EURUSD is setting its self up in the same way US30 is, they’ve both seen consolidation after a sell off. Technical : EURUSD is having its 3 EMA cross over its 10 EMA to the upside while at the same time the Stochastic is crossing the 50-80% mark to the upside as well. Price action has also tested the Top trendline, possibly setting up for a break out. Waiting for candle closes is going to be KEY to confirm a crossover on the stochastic and EMAs
Long
by Iateyourcroissant
#HPLHPL Electric & Power Ltd ABOUT HPL Electric & Power Limited is a leading electrical equipment manufacturer in India operating for the past 40 years. The Company has significant presence across five key product verticals of electric equipment – metering solutions, modular switches, switchgears, LED lighting and wires and cables. It caters to a wide spectrum of customer segments, such as power utilities, government agencies, and retail and institutional customers, with a strong brand recall as a trusted electrical brand. It exports its finest engineering goods to more than 42 countries in regions of Asia, Africa, Europe, UK and Indian Sub-continent through the overseas logistic partners. KEY POINTS Market Share The company is the largest manufacturer of on-load change-over switches with a 50% market share in the country. It also has a market share of 20% in domestic electric meters market. It also has 5% market share in the Low-voltage Switchgear Market. It is the 5th largest LED manufacturer in the country. Manufacturing Capabilities The Company has seven manufacturing facilities at Gurugram, Jabli, Kundli & Gahraunda with end-to-end capabilities. Its well organised supply chain is supported by 21 warehouses across India . Its manufacturing process is supported by 2 R&D facilities in Gurugram & Kundli with more than 100 engineers. Established Distribution Network HPL has established a pan-India distribution network with 900+ authorised dealers and 45,000+ retailers across India in order to reinforce its brand presence and leverage on the growing potential of India’s electrical equipment industry in metros and Tier I and II cities. The company plans to increase the retailers to 1,00,000 by March 2025 Revenue Breakup Metering products contributes 53%, the rest is from Consumer & Industrial 47%. Orderbook The company has a strong order book of Rs1500+ cr with meter & systems contributing 82% and the consumer and industrial segment contributing 18% of the current order book.
NSE:HPLLong
by iism-ExpertTrading
#RAYMONDRaymond Realty The company started phase 1 of the real estate business in Feb 2019.It has planned development of 20 acres of residential development − Phase 1: ~14 acres of development Total 10 towers with ~2.7 mn sq. ft of saleable area Total units planned for sale: 2,976. Cumulative bookings of 1,173 units till Dec-20 The company received ~Rs.1610 crs as booking value in Real estate in FY23. In total , Raymond received total booking value of ~ ₹3,900 Cr. within 4 years of launch Debt Reduction The company reduced its debt by ~Rs. 400 crs to Rs. ₹689 crs. as of FY23. PROS Company has delivered good profit growth of 37.4% CAGR over last 5 years Debtor days have improved from 62.0 to 33.1 days. Company's working capital requirements have reduced from 71.5 days to 55.3 days
NSE:RAYMONDLong
by iism-ExpertTrading
#MANGLMCEMPositive factors Improving scale of operation leading to increase in total operating income (to greater than ₹2,000 crore) and profitability (profit before interest, lease rentals, depreciation and tax (PBILDT) margin greater than 18%) on a sustained basis Improving capital structure (overall gearing less than 0.5x) and debt protection metrics (PBILDT interest coverage greater than 5.0x) on a sustained basis Negative factors Lower-than-envisaged profitability leading to decline in PBILDT interest coverage going below 2.00x on sustained basis Large-scale debt-funded capital expenditure (capex) leading to deteriorating capital structure
NSE:MANGLMCEMLong
by iism-ExpertTrading
Tesla - Is it a fakeout?Hello Traders and Investors, today I will take a look at Tesla. -------- Explanation of my video analysis: Back in 2020 we had a decent break and retest on Tesla stock which was followed by a pump of +1.500% towards the upside. Then Tesla topped out in 2021 and we saw sideways movement ever since. At the moment Tesla stock is trading in a bullish flag formation and is hovering around the psychological $200 level. Soon there will be a very interesting trading opportunity on Tesla stock. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
4
BEL is poised for an upward momentum upto 15%BEL has seen a good breakout of 52 week high on daily TF after almost a consolidation of 30 days weeks with good volume on daily TF. The company has increased institutional investing, govt interest and a healthy QoQ growth for the last 3 quarters to add to strength. Good for swing traders to hold for 15 days. Entry - INR 220 (Trade Initiated) SL - (Day Low) TSL - According to your risk profile. Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
NSE:BELLong
by Rokdevildivine
#NHPC Company has been maintaining a healthy dividend payout of 49.5% The company is actively engaged in the construction of 15 Solar and Hydro Power Projects of 10449 MW Capacity (including JV & Subsidiaries). Total projects under clearance stood at 4112 MW and projects under survey stood at 4110 MW as on Dec’23. MOUs Company has signed a MoU on 3 Jan 2024 with GPCL for proposed investment of Rs.4000 Cr in Kuppa Pumped Storage Project (750 MW), Chhota Udaipur, Gujarat. Company signed an MOU with Govt. of Odisha through GRIDCO Limited on 23 Jun 2023 for Development of Pumped Storage Projects and Renewable Energy in the State of Odisha. It signed an MOU on 23 Aug 2023 with APGENCO for Implementation of Pumped Hydro Storage Projects and Renewable Energy Projects under Joint Venture Mode in Andhra Pradesh. The MOU envisages Implementation of two Identified Pumped Hydro Storage Projects namely Kamlapadu- 950 MW and Yaganti 1000 MW PSPs in the first phase. Focus Being a hydro power company shifting its focus toward the renewable energy segment as well. Out of 10499 MW capacity under construction 1135 MW is for Solar power. It has recently signed a contract to develop additional 2000 MW solar power capacity in Rajasthan. About 9090 MW Solar power capacity is under Tender and pipeline including as a Intermediary Procurer.
NSE:NHPCLong
by iism-ExpertTrading
Alphabet (Google) - 330% Rally ahead!Hello Traders and Investors, today I will take a look at Alphabet. -------- Explanation of my video analysis: About 8 years ago Alphabet stock created the first retest and rejection of the long term ascending bullish trendline. Then we had a lot of retests of this trendline, the last one being in the beginning of 2023 and this retest was followed by another decent bullish rejection. Last month Alphabet stock broke out of an ascending triangle formation and is now just very very bullish. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:GOOGLLong
by basictradingtv
2
PayPal - Is the stock dead?Hello Traders and Investors, today I will take a look at PayPal. -------- Explanation of my video analysis: With the Covid-Crash in 2020 we saw a beautiful bullish break and retest on PayPal in confluence with a retest of an ascending trendline. This retest was followed by a rally of +200% towards the upside. From there, PayPal stock declined more than 80% and it is likely that we will never ever see the previous highs again. If you decide to take a trade though, make sure to properly manage your risk. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:PYPLLong
by basictradingtv
3
TRENT has a pennant pattern for an upward momentum upto 10%TRENT has been seen on a pennant chart pattern and is on the verge of a good breakout on daily TF after almost a consolidation of almost 2 months. The company has increased institutional investing, a good 50% and above increase in sales QoQ growth for the last 3 quarters and EPS growth of 40% to 100% in the last quarter. Good for swing traders. Can hold for about 10-15 days. Entry - INR 4080 (Kept in WL, will wait for breakout with good volume.) SL - (Swing Low) - 5% TSL - According to your risk profile post 10% Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
NSE:TRENTLong
by Rokdevildivine