TCS: SMA 200 for long positionHello traders,
The stock we are going to watch is $NSE:TCS. This stock is related to IT sector. This stock is mostly moving in an upward direction. Currently, it is taking some additional support of SMA200 in 4h time frame. This stock can shoot upwards at anytime.
If you're a option trader, consider buying the premium which is having the liquidity. Consider exiting near 4100 to protect your profits.
Thanks & regards,
Alpha Trading Station
Longposition
$ZYME - good potential in this yearNASDAQ:ZYME confirmed a line of support and is going to show 100% of growth in this year.
Does not constitute a recommendation.
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#BOME is ready to boom! 🚀Trading Pair: BOME/USDT
Trade Type: Midterm
Current coin Status: The coin has broken out of a flag pattern and is currently retesting it.
Entry Point: The current market price (CMP) is a good entry point, and you can add more up to $1.43.
Profit Targets: The profit targets for this trade are between 40% to 80%.
Stop Loss: The recommended stop loss is at $1.34.
Recommended Leverage: A leverage of 5X to 10X is recommended.
Estimated Profit: The estimated profit for this trade is around 80%.
Bullish move on reversalPoints of Ethics :-
1) Strong selling at level 441 if price Falls below this level lower level AT 408.30 can be seen and also we have strong buying area at the same level AT price 408.30 so we can see another reversal for the price to move near resistance around 496 to 517
2) If the price does not cross 438.40 then we can see further reversal and we can go long with the target between 75 to 80 points, 496 to 517 considered as retracement zone we also have small resistance near 441 so we can plan our trades accordingly as per the levels
3) short term time period of 30 days
Reversal seen at support on monthly candle , price is forming a descending pattern, be cautious.
*** Views are personal and not a advise, DYOR ***
Long Super Bullish Mode, Gold Target 2114 - 2301 As per (D) TF breakout & and analyzing with (W) & (M) TF's
Following Target is seen :-
1st Target 2114
2nd Target 2145
3rd Target 2174
4th Target 2234
Final Target is set for 2301
Pull back will be seen in middle of each target but overall as per monthly TF BULLs will be seen stronger.
CELH - Possible buyCelsius Holding with ticker CELH is looking good in my opinion. This non alcoholic beverage company is ranking as the 2nd best company in this sector, Coca Cola is number 1. When we compare those two stocks, KO has a market cap of $260 billion and CELH has a market cap of just $15.64 billion.
The chart is looking pitch perfect, just like the financial data of the company itself.
What am I looking at:
1. Weekly chart is trying to break it's previous high level, sitting at around $69 per action. Stock has a lower trading volume then usual but this can change in a bit.
2. Daily chart, we are seeing increase in buying volume and no significant seller pressure on this stock. Stock regained it's 10EMA on the Daily on February 21st, and since then it has been rising.
3. The last support CELH is offering to us as an entry point is sitting at $69, this is the level I am closely watching for getting in.
4. Once the $69 gets broken, and I position myself, my stop loss level will be placed somewhere around $60.5.
5. $60.5, if the $69 resistance level is broken, is where the 21EMA will be. I plan to adjust my stop loss as time goes by. I will move my stop loss below 21EMA.
This is it for now. As always, I will keep you all updated regarding CELH.
PRSMJOHNSN*PRSMJOHNSN* Good for Holding around 9 Months ..... Current Price at *180.40* ......... Keep SL at *170.50* .... (On Closing Basis ... Means ... Daily Candle closed Below *170.50* )….. After Close Crossing *192.70* …. Trail SL to *184.95* Targets are Shown on Chart in Greens ..
Expansion.
The company completed a tile capacity expansion of 1.2 million m2 in Morbi, Gujarat, through one of its joint ventures in February 2023. Additionally, they are on track to add a greenfield tile capacity of 5.5 million m2 in Panagarh, West Bengal, which was expected to be completed in the first half of 2023-24.
Also, it has announced to establishment of a captive wind power project with a capacity of 24 MW to supply electricity to its cement plant in Satna, Madhya Pradesh. It is expected to be commissioned during the first half of 2024-25.
Growth
Cement revenue grew by 6.8% YoY to ₹ 748 Crores in
Q3 FY24 led by strong growth in cement & clinker sales
volume.
Cement & clinker sales volume grew by 8.8% YoY to
1.49 million tons; Share of premium cement maintained
at 33% in Q3 FY24.
EBITDA per ton increased by 167.1% YoY to ₹ 787 per
ton due lower fuel cost and higher clinker production
and inventory.
REDINGTON go long ifit crosses 216
entry : 216
stop loss: 188.80 (12.60% risk involved)
target: 269.90 (25% gains with 12.60% risk involved)
Please invest only if one is capable of taking risk of 12.60% if it falls
I am not a SEBI registered individual , this is my personal trade idea and i am investing in it with proper risk management, please take advise from your financial advisor before investing into it.
Helium Mobile/USD Bullish SharkYou can lower stop loss to your preference. I'd probably take some profit at the 50% retrace if ever get there as this could turn into a bearish 5-0 Pattern real fast. Given the current Market Conditions, I don't know how bad the potential bearish 5-0 could turn out. Could literally make a scrub retrace and then continue on to higher highs after that.
NAVA*NAVA* Good for Holding around 9 Months ..... Current Price at *480* ......... Keep SL at *459.40* .... (On Closing Basis ... Means ... Daily Candle closed Below *459.40* )….. After Close Crossing *573.80* …. Trail SL to *545.85* Targets are Shown on Chart in Greens ..
Company has reduced debt.
Stock is trading at 1.09 times its book value.
Company has delivered good profit growth of 31.0% CAGR over last 5 years.
Arbitration :
Under the Arbitration initiated by MCL and its lenders against ZESCO, both the Parties have agreed to and got a Consent Award from the Arbitration Tribunal, London for US$ 518 Mn in Dec 2022 after giving a discount of US$ 60 Mn to ZESCO. ZESCO has submitted its revised payment plan of clearing US$ 338 Mn by Dec 2023 and the balance of US$ 180 Million by Dec 2024.
Debt Reduction :
MCL repaid US$ 98.4 Million to its lenders during the year bringing down the loan to US$ 315 Mn as of March 2023 from US$ 413 Mn as of March 2022.
DXY (DOLLAR) IS TRYING TO RECOVER, (READ CAPTION)The dollar is trying to recover in today's trading from the US Federal Reserve's strike
The US dollar achieved a modest rise during trading on Thursday, as the green currency attempted to recover from the losses incurred last session as a result of negative federal developments.
In this regard, the dollar incurred strong daily losses at the end of yesterday’s session, estimated at about 0.43%, affected by the less stringent statements of US Federal Reserve Governor Jerome Powell, which he made yesterday evening, as Jerome Powell said that postponing the interest rate reduction step may harm the US economy, It is expected that the interest rate reduction cycle will begin in the second half of this year, while hinting that despite the strong conditions in the labour market and the outstanding performance of the US economy, this will not prevent the US Federal Reserve from taking interest rate reduction measures.
This coincided with the pressures facing the dollar at that time immediately after the release of economic forecasts by the US Federal Reserve, which indicated the possibility of reducing US interest rates three times this year, which means that the US Federal Reserve did not take into account the rise in inflation rates during the past two months, and here it is worth noting. Pointing out that the markets now see a 65% chance that the US Federal Reserve will start cutting interest rates at the June meeting, according to the performance of tracking federal interest rates issued by the CME Group.
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