Longposition
#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
Filling up ImbalanceAs predicted, price went all over to 1.0650 to neutralize 15min imbalance order block having and immediate reaction. It is expected to climb to 1.0711 to collect first profit.
We are just buying a pull back. On higher time frame we can see bearish pressure, once price hit 1.0711 we should look for any bearish reaction if price goes over this supply zone expect price to climb to next resistance 1.0750 & 1.0860.
#ETH FORMING FALLING WEDGE PATTERN!On the daily ETH chart, there's a notable pattern emerging, potentially forming a substantial falling wedge. Statistically speaking, a falling wedge tends to signal bullish momentum. About two-thirds of the time, a falling wedge pattern breaks to the upside, while the remaining third breaks to the downside. However, it's important to note that until we observe a confirmed breakout above the significant resistance level currently at around $3450, any price target remains speculative.
Once a breakout above this resistance level is confirmed, it sets up a bullish target at the top of the wedge, approximately at $4060. Additionally, another method to gauge the price target for a fall suggests a potential rise to around $4300. This implies a likelihood of the price returning to above $4000, contingent upon the confirmation of a breakout above $3450.
Nevertheless, it's essential to remain cautious as there could still be resistance encountered along the way, even after the breakout above $3450. Keep in mind that other levels of resistance may pose challenges to the price's upward movement. So, while there's potential for a bullish trajectory, it's prudent to monitor the situation closely for further developments.
#DYOR #NFA CRYPTOCAP:ETH BINANCE:ETHUSDT BITSTAMP:ETHUSD
#JUP/USDT SPOT LONG ENTRYBINANCE:JUPUSDT
#JUP/USDT SPOT LONG ENTRY
Leverage: 1x
Entries: $1.8397
Take profit 1: $1.3659
Take profit 2: $1.4888
Take profit 3: $1.7814
Stop Loss: $0.9893
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
📈 Trade Alert: FTM Long Position Setup! 🚀📊📊 Asset: FTM/USD
📉 Current Price: $0.73 - $0.80 (Support Area)
🎯 Entry Strategy:
Initial Entry: Allocate 50% of capital at the current support level.
Additional Entry: Add remaining capital upon price breaking through $0.80.
🎯 Take Profit Targets:
$0.99 - $1.05
$1.14 - $1.23
🛑 Stop Loss: Just below $0.70
📈 Analysis:
FTM is trading within a supportive range, indicating potential for an upward move.
The trade plan involves scaling in gradually to manage risk and capture potential upside momentum.
Take profit targets are set at key resistance levels, with a tight stop loss to mitigate downside risk.
📊 Risk Management:
Monitor price action closely and adjust stop loss levels if needed.
Remain attentive to market developments and adjust strategy accordingly.
🚀 Trade with Confidence! 🌟 #FTM #LongPosition #TradingStrategy 📈🔥
AUDCAD Long Trade Setup A #long trade opportunity recently presented itself on the #aussieloonie (#AUDCAD) #trading chart 📈.
This is indicated by the #bullish engulfing candlestick 🕯️ pattern just above the 0.88046 horizontal support level.
This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy).
Sufficient upward momentum should see price rallying towards the 0.90000 psychological level and possibly testing the strength of the 0.90113 horizontal resistance level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
BTC UPDATE ✅The daily structure on CRYPTOCAP:BTC is still bullish as long as we don't break and close below $59,200. My average entry for spot buy is at $61,900 after all three fills. This could be the best possible opportunity to buy since the RR would be great because of invalidation just daily close below $59K.
Daily also seems to be forming this bullish AB = CD structure and there are two equal lows on daily aswell. But the smaller timeframe structure (4H, 1H) is definitely bearish, although the last night's low was not able to close below previous $59,652 low so there is no valid BOS but in any case we need a break and solid close above FWB:67K to be bullish back again imo or atleast a close above $64.5K to make that move.
The only reason I emphasize upon buying right here is because the invalidation for bulls on daily is just too close, a small $1000 drop and the whole structure would be bearish on daily but at the same time, a great buying opportunity too if this happens to be the low ✅