ONGC: Another Oil sector stockWith an SL of 95 start accumulating it. It will consolidate on 120 before or after breakout.
Another Oil sector stock - you can choose between ONGC and IOC, have posted charts of both.
(IMP- Reliance can also give a good rally which will lead all the oil sector to perform well)
If you have any query feel free to ask in Comments or mssg me.
Longtermtrading
BGA - Attractive Long Trade SetupThis is a weekly timeframe trade setup - Looking for an entry signal at around 5.50 (in the form of a bullish candlestick pattern) as this is likely to be a strong support level, I will look to take profit on half my position at around 6.50 and then hold the rest of my position to see if it breaks even higher as this is a longer term trade setup.
Stop loss is 1 ATR below the support level to allow for market volatility, if there is a weekly close below the S/L level I would be out of the trade.
BGA - potential long term breakLets see if Bega can breakout and successfully retest the crucial 5.50 resistance level and establish a long term uptrend to retest the all time high's, would be a nice ride to take.
It has been outperforming the market this week in particular which suggests that their might be strength to this move despite a sell off in the market.
Only my opinion
Dollar indexUS DOLLAR, EUR/USD TALKING POINTS:
The US Dollar is continuing to fall after last week’s NFP release helped to re-energize bears.
The USD move has helped to catapult EUR/USD to fresh two-month-highs as the pair tests a big zone of resistance.
This week’s economic calendar has high-impact releases from the US on Wednesday for inflation and Friday for retails sales and University of Michigan Consumer Sentiment.
BYND Super Bullish BTFD I dont care where you sit on the climate change debate as
one thing remains true and that is they want the world eating less meat
and eating this synthetic stuff which will soon enough be in every fridge
in the local supermarket .
Farmers are under constant pressure to reduce Co2 levels etc and cows in this
climate crazy world are harmful...In addition to that the major investor in this
company is buying up farmland like its going out of fashion
Ummm strange huh
Point is we all know where it is going and right now BYND has completed its
retrace and is without question screaming to be bought up so if you want this for the
Long Long term so you can tell the grandkids how you made your millions 30 years from now
then this is the opportunity for you .
Alternatively if you want short- medium term swing trade
to sell at first resistance test around 135/140 then this stock is a win win .
With expansion into the European market place into thousands of retailers during this spring and the
WEF claiming by 2030 that eating actual meat as we know it will become a rarity
its well worth scaling into this one .
Know your Invalidation and always use a stop loss
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Doesn't want to upload(sorry)but posting anyways! TRX possible ☕Hello traders and investors! 😃👋 This idea was not loading correctly last time I posted, but I would like to put it out there anyways I hope you understand.
Here we have TRX(TRON) on a 6 hour chart, drawing is just for fun, but I am actually monitoring TRX to see if this can play out 👀🧐🔍📌🥳
This is a long-term investment idea📆📅
I have mixed feelings about TRX but it has shown great strength in the past🕡🕝🌞🌚💪
TRX is involved in many Dapps/high risk gambling games/is a very successful blockchain..🕹🏀🎮♣♠♟🎲
TRX is very volatile and this would be a RISKY trade, but could be potentially very profitable.⏬⏫🐂🐮🐻💲
The fact that BTC has been getting a lot of fundamental hype today and has gained support(knock on wood,) at ~50,000 and again at ~53,000 makes me believe that TRX could continue to pump, and possibly complete a "'Cup and handle"' formation.💹🙂☕
Let's wait and see, and possibly analyze again in the near future!!
🛑🛑🛑THIS IS NOT FINANCIAL ADVICE🛑🛑🛑
Always keep a stop loss🤚🛑💲, keep a close eye 👀 on BTC for sudden bearish movement that would be very dangerous⚠⚠⚠ and trade at your own risk!!!!
Thank you so much!!!😁💹🤪 Would love to know what YOU think about TRX/TRON
Any thoughts 🤔💭, questions🙋♀️🙋♂️❓, good👍, bad👎, happy😃, sad😥, always welcome in the comments below⏬!
Jazerbay
🤍
NSE:LT Larsen & Toubro Trying to enter blue sky zone?Larsen & Toubro Limited, commonly known as L&T, is an Indian technology, engineering, construction, manufacturing and financial services conglomerate headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India.
L&T (as per CRISIL consolidation) has superior liquidity driven by significant cash balances of more than 15,000 crore in fiscal 2020. L&T also has access to fund based limits of Rs 10,000 crore which has moderate utilization levels (including commercial paper). CRISIL believes the company has sufficient accruals and cash and cash equivalents to meet its repayment obligations and finance its capex requirements and investment requirements in various subsidiaries and JVs. Its unutilized bank lines are more than adequate to meet its incremental working capital needs over the next one year.
NSE:LT
> Dominant market position in domestic E&C segment with diversified revenue profile.
> Strong financial flexibility and comfortable capital structure
Negative points:
>Subdued returns from significant capital employed notwithstanding moderate levels of debt service indicators
> High working capital intensity of operations
#LTC keep going straght to its ATH and much moreLook at this beautiful piece of TA.
WEEKLY CHARTS are saying that we finally passed through all the sickness moments and it is ready to make some money! Historically, we make sufficient jumps on it while it is alt rally and LTC is ready to give us much more then we expexted. Ipwe believe that outstanding growth is coming. Sos what do we have technically?
BTCUSD is waiting to break $374 line and after that it may also touch amazing $1200 price, and if it’s about to go too far we may see $2000 for LTC.
Manage your risks first!
GDX: In the Arc We TrustAMEX:GDX has formed long-term support that has been built upon the arc shown in the chart. Should this arc prove to be true and continue to hold, it will lead us to our SCOTCHstocks initial target range of $52-$60.
Everything shared here is my own opinion and no results are guaranteed. Good luck!
$NGA $NGA Lion Electric: Maker of all-electric school buses
Northern Genesis Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded in 2020 and is based in Kansas City, Missouri.