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Bajaj Finance : make it or Break It !- The chart is pretty self-explanatory. - If you look at the PE, It has come down substantially from about 100. - The crucial resistance zone is an important obstacle. A break and sustenance above it could mean further upmove. - Invest with caution as Investors are getting greedy post the bull run. What are your thoughts? Leave us a comment. Disclaimer: Please note that we are not regi stered 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.:)
NSE:BAJFINANCELong
by TheChartereds
5
Overview of important economic events in the past 2 weeks: XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The past 2 weeks have witnessed a lot of important economic news such as: ISM Manufacturing PMI, JOLTS Job Openings, ADP - NF, PMI, Unemployment Claims, CB Consumer Confidence, GDP, PCE, Pending Home Sales m/m As the overview chart shows: it can be seen that most of the economic data is not good for the dollar - DXY decreased - XAU increased and stabilized to recover. The US economy near the US election is quite gloomy - not showing positive recovery + war conflicts in the world (Russia - Ukraine / Israel - Palestine) are still tense ⭐️ Personal opinion: US macroeconomic factors are not supporting the economy - Gold is still a safe and effective investment channel at present. ⭐️ Technical analysis: Long-term H1, H4 time frame, after Gold price broke 2350 thanks to positive impact from economic data. Gold price tends to increase greatly, returning above the 2400 area Pay attention to resistance zones: $2400 , $2430 , $2450 ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
2
Buy JublFood cmp 464 target 520++ Stop 450Technically, there is higher top, higher bottom formation on a hourly chart, on a higher timeframe we see bullish candlestick and pattern formation. This indicates that the stock is being bottomed out as someone is continuously accumulating at lower level raising the demand and at higher level selling comes due to sharp rise. As currently its in strong buying zone, buy aggressively and wait for a eventual target of 520. Fundamentally, there is a expectation the consumer demand gonna rise again due to cooling inflation so expect revenues to pick up again.
NSE:JUBLFOODLong
by PrashantDahale
$AXL looks like it is ready to go long!NYSE:AXL is breaking out this falling wedge pattern, and RSI is also showing bullish divergence. Entry Point: Start accumulating once the price exceeds $0.97. Targets: Midterm Goal: 60% increase Long Term Goal: 170% increase Trading Options: AXL is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.78. About NYSE:AXL Axelar aims to provide secure cross-chain communication for Web3. This project offers a decentralized network and a suite of tools to assist developers of decentralized applications (dApps) in achieving seamless cross-chain interactions via its protocols, tools, and APIs. DYOR, NFA #Crypto #altcoin
Long
by CRYPTOMOJO_TA
POLKADOT Are you ready to move 30% ?Polkadot: Coiling for a Breakout? Polkadot, the interoperable blockchain platform, has been exhibiting a relatively slow and steady price movement in recent weeks. This methodical approach, however, could be laying the groundwork for a significant breakout. Price Action and Support Levels After forming a well-defined box pattern, Polkadot has established an ascending trendline that is currently acting as support. This consolidation phase has allowed the bulls to gather strength and prepare for a potential surge. The key resistance level to watch is $7.6. A decisive break above this level could trigger a rapid upward movement, potentially pushing Polkadot towards its first target of $8.7. Bullish Momentum and Potential Targets The recent break of the downtrend line and positive technical indicators indicate that Polkadot is ready to break. The bullish momentum could further accelerate if the price manages to hold above the $7.6 support level. With the downward trendline out of the way, a $10 target is not out of the realm of possibility. This ambitious target could be achieved if Polkadot continues to demonstrate strong buying pressure and positive market sentiment. Potential Pullback and Overall Outlook While the bullish outlook is promising, it's important to acknowledge the possibility of a pullback to the $7.6 support area before the continuation of the upward trend. Such a pullback would be a healthy retracement and could provide an opportunity for new buyers to enter the market. Overall, the technical analysis suggests that Polkadot is in a favorable position for a breakout. The price action, support levels, and technical indicators all align with a bullish scenario. However, as with any investment, it's crucial to exercise caution and conduct thorough research before making any trading decisions.
Long
by Crypto-Oracle1
COAL INDIA HAVE BROKEN & SUSTAINED ITS PREVIOUS ALL TIME HIGHPREVIOUS STUDY SHARED ON 06 MAY 2024 .... Company is almost debt free. Stock is providing a good dividend yield of 5.11%. Company has a good return on equity (ROE) track record: 3 Years ROE 51.8% Company has been maintaining a healthy dividend payout of 51.8% New Projects 9MFY24 1 Environmental Clearance : EC has been obtained for 14 Proposals (Incremental EC Capacity of 9.85 MTY). 2 Forest Clearance : 1 proposal of wild life clearance (121.58 Ha) has been secured. 3 CIL has approved 5 Coal Mining Projects with a total capacity of 60.04 MTY and incremental capacity of 33.24 MTY. Solar Power Generation Aim to set up 3GW capacity of solar power projects to become net-zero by FY 25-26. CIL intends to add another 2 GW of renewable energy, aiming for a total installed capacity of 5 GW.CIL is also participating in PAN-India Solar tenders of GUVNL, SECI etc to achieve the target of 5 GW. CIL has entered in an MOU with Rajasthan Rajya Vidyut Utpadan Nigam Ltd to develop Solar Power Project at Solar Park in Rajasthan.
NSE:COALINDIALong
by iism-ExpertTrading
FIL Pump To 24 % ?After a 40-day consolidation period within a box range, a breakout opportunity may be imminent. However, a crucial decision arises: High-Risk Entry vs. Optimal Entry Point The $6.37 support level provides a risky entry point, but could also be an optimal entry. Conversely, the $6.72 resistance level could provide a more conservative entry, but the price may have started to rise from $6.37 and we may not be able to make a decent entry in the $6.72 range. Keep in mind that RSI it is in a range that can cause a strong upward movement Your Entry Strategy: The decision of where to enter the trade lies with you, exercising sound capital and risk management principles. Disclaimer: This analysis solely reflects my perspective and should not be construed as financial advice. The responsibility for any profits or losses rests solely with the individual trader. I merely identify potential entry points for consideration.
BINANCE:FILUSDLong
by Crypto-Oracle1
5
From Inception to Present: Our Crypto Model's Trades to DateIntroduction In this idea, we'll analyze the performance of our crypto trend model by breaking down each individual trade made since it went live on 27th July 2023 . We'll delve into key market events that occurred around these trades and the run-up gains or drawdown avoidance achieved by the model. Trade Breakdown Short Signal - July 27, 2023 Trade Outcome : Date : July 27, 2023 Signal : Short📉 Market Context : Event : In July 2023, Bitcoin faced a significant resistance around $30K, leading to a sharp rejection and subsequent price drop. This resistance level was critical, and the rejection marked the start of a downturn​. Performance : The short signal successfully captured the decline, gaining almost 15% at it's climax on just Bitcoin alone. The model's entry just before the major resistance test was well-timed. Long Signal - September 19, 2023 Trade Outcome : Date : September 19, 2023 Signal : Long📈 Market Context : Event : By mid-September, Bitcoin found solid support around $25,000 after a volatile summer. This support level triggered a significant bounce, making it a prime entry point for a long position​. Performance : The long signal capitalized on the bounce from $25,000, leading to a max run-up of 80% as Bitcoin rallied. Holding positions on altcoins in confluence with this signal would have likely yielded at least twice of what was gained on Bitcoin. Cash Signal - January 15, 2024 Trade Outcome : Date : January 15, 2024 Signal : Cash💰 Market Context : Event : Early January saw a recovery in Bitcoin prices driven by positive macroeconomic signals, such as slowing inflation. However, regulatory pressures and market volatility prompted caution​​. This pullback was also likely due to the Bitcoin ETFs Launch having a "sell the news" narrative. Performance : The cash signal helped avoid drawdowns of up to -10.61% and even more on altcoins during a period of increased market uncertainty and regulatory challenges. Long Signal - January 30, 2024 Trade Outcome : Date : January 30, 2024 Signal : Long📈 Market Context : Event :The approval of Bitcoin spot ETFs in January 2024 significantly boosted market sentiment. This approval was a pivotal event, sparking a bullish trend right after a small retracement. Performance : The long signal leveraged the positive sentiment and regulatory clarity, benefiting from the ensuing price surge and experiencing a max run-up of almost 72% on Bitcoin. Cash Signal - April 13, 2024 Trade Outcome : Date : April 13, 2024 Signal : Cash💰 Market Context : Event :April 2024 witnessed mixed signals with regulatory updates and market corrections. The Financial Stability Board's new regulatory framework added to the cautious market sentiment​. And with added FUD coming from Iran's attacks on Israel, the prices of not just crypto but other assets such as stocks started to tumble. Performance : The cash signal once again helped sidestep market turbulence, preserving gains from earlier trades, essentially avoiding up to -11.51% of drawdowns. Long Signal - May 17, 2024 Trade Outcome : Date : May 17, 2024 Signal : Long📈 Market Context : Event :As of May 2024, the crypto market showed resilience with new institutional interest and advancements in blockchain technology. This renewed interest provided a solid foundation and confluence for a long position Performance : As the signal came in just 3 days ago as of writing, we will update on the performance of this signal at a later date. Conclusion The crypto trend model demonstrated robust performance by effectively navigating through various market conditions and key events. Each and every trade has been overwhelmingly successful, and the model's signals is expected to continue capitalizing on gains and avoid major drawdowns in the future. Stay tuned for more updates and detailed analyses on our crypto trend model's performance.
Long
by AlgoAlpha
4