MAHANAGAR GAS 10 July 2020MAHANAGAR GAS 10 July 2020
SHORT-SELL MGL @ 988
We have given this order based on the derivatives and our self owner equations - yes we have made huge numbers today. Cheers Guys! You did well !
Great order @ perfect price and perfect entrance
Mahanagar gas levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis .
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
Stockmarkets
Sunpharma 10 July 2020Sunpharma 10 July 2020
Sunpharma buy @ 490
We have given this signal with the trend on daily charts comparing the 1he candle chart trends since 1 month. Clearly a winner deal.
Book profits at good levels clients.
Sunpharma levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis .
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
Banknifty 08 July 2020Banknifty 08 July 2020
BANKNIFTY CAN be BOUGHT NOW at 22835 TG 22950
Based on our Analytics and derivatives
Banknifty levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis .
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
Elliott Wave View: AMZN Dips Should Continue to Find SupportAmazon (AMZN) 30 minutes chart below shows that the stock has ended the cycle from June 29 low. The rally in wave 1 unfolded as a 5 waves Impulse Elliott Wave structure. Up from 2630.28 low, wave ((i)) ended at 2696.80 high. Wave ((ii)) dip ended at 2665.47 low. The pair then extended higher in wave ((iii)), which ended at 2955.56 high. The internal subwave of wave ((iii)) also unfolded as 5 waves impulse Elliott Wave structure in lesser degree. Afterwards, the pullback in wave ((iv)) ended at 2871.10 low. From there, the pair pushed higher in wave ((v)), which ended at 3075.55 high. This final move completed wave 1 in higher degree and ended cycle from June 29 low.
The pair is currently doing a pullback in wave 2 to correct the cycle from June 23 low. The correction could unfold as a zig-zag structure. While above 2630.28 low, expect the dips to find support in 3,7, or 11 swings for more upside. The alternate count for AMZN would be that the stock has already ended wave (5) in its entirety instead of just wave 1 of (5). If this is the case, then the stock could have ended the cycle from March low. AMZN then could be doing a larger degree pullback to correct the cycle from March low before upside resume again.
BITCOIN SET FOR BULLRUN!!Hey there,
please like the post and follow me for more trading ideas.
Bitcoin has some clear structures forming on multiple timeframes.
We have a descending channel, indicating further upside once broken,
the declining trendline connecting the monthly highs, ranging back to 20k.
A possible falling wedge on the daily.
A 3-DAY 9 buy on the TD-Sequential
and consolidation after a bullmove, by correcting through time and not price.
All in all this looks bullish to me.
Of course btc is completely correlated with the stockmarket, like S&P500.
So we still have to depend on what stocks are doing.
Until then, take care.
Cheers,
Konrad
trend and news analysis of facebook stockin January , waterfall happened in facebook stock because of the pandemic , and price reached to the bottom of the long term channel
( yellow trend lines ) meanwhile the stimulus packages help market to recover the loss , a few days after the beginning of up trend , Hopes for reopening also began and help the bulls , until price reached to top of the channel and some breakout happened but the market trading with a low volume on these days and it couldn't fix above the channel ( yellow trend lines ), meanwhile this things happening on that moment the company made some mistake in its policies and some major companies stop (ban) their adds on facebook platform ( This may reduce the facebook earnings and revenue in future ) and second wave of corona start a bear trend . two scenario might happened in future :
1. price react to the green zone which is showed in picture and start a up trend or range trend for some moments ( range trend is more possible) .
2 . price breakout the support zone and head to a another support zone which is showed by red rectangle .
after all i think company are facing some major problem and it could have a direct effect on facbook stock .
WLLHere's the game plan Fam. If that bottom TL fails then all bets off otherwise if the bottom TL holds I will take a long scalp.
Elliott Wave View: Facebook Should See More UpsideFacebook (ticker: FB) shows a higher high sequence from June 15 low, favoring further upside. The 30 minutes chart update below shows that the stock ended wave 3 at 241.75 high. Afterwards, the stock did a pullback in wave 4. Wave ((a)) ended at 223.55 low and wave ((b)) bounce ended at 231.66 high. Facebook then extended lower in wave ((c)), which ended at 222.53 low. Up from that wave 4 low, Facebook resumed higher in wave ((i)) as 5 waves impulse Elliott Wave Structure. That rally in wave ((i)) ended at 238.46 high. From there, the stock did a pullback in wave ((ii)), which unfolded as a zig-zag Elliott Wave Structure. Wave (a) ended at 233 low and the bounce in wave (b) ended at 237.88 high. Facebook then declined lower to end wave (c) at 231.73 low.
The stock has resumed higher since. It has broken above the previous wave 3 high, confirming the next leg higher in wave 5 is already in progress. From wave ((ii)) low, the stock extended higher and ended wave i at 237.59 high. The pullback in wave ii ended at 232.15 low as a zigzag Elliott Wave Structure. From there, the stock resumed higher and ended wave iii at 240.83 high. Wave iv then unfolded as a triangle and ended at 238.75 low. The stock then pushed for another high in wave v, which ended wave (i) at 234.92 high. Wave ((ii)) pullback is currently in progress. Near term, while pullback stays above 231.73 low, expect the dips in 3,7, or 11 swings to find support and Facebook to continue to extend higher.
This Stock Is About to 10x ----- DO NOT MISS THIS OPPORTUNITY $$MartyBoots here . I have been trading the markets for 13 years and want to share my ideas with you
Do NOT MISS THIS
Is 27,000 going to be your number? There were mad moves on the DJI (Wall Street) north on Friday 5th May 2020. The bulls gored the bears big time.
But there's 'fundamental' stuff that's not right. The Bureau of Labour Statistics (easily findable via a search engine), said that their figures were not correct. They even said in their report that if unemployment was counted more correctly the percentage would have been 3% higher.
However, the bulls were in a frenzy. Greed and hope dominated. Reality meant nothing.
Then there are other problems coming up. If you don't believe that COVID-19 has died and you think that human beings are the main vehicle of transmission, then mass protests breaching social distancing and public gatherings are likely to bring a second wave of virus infections. Hello - what caused the bubble to pop in the first instance?
If you don't believe that there is cure or vaccine in sight for the next 6 months to fight this virus, then it means the virus is gonna exploit human interactions from mass protests across America and other parts of the world - without restraint.
If you believe that money printing is the economic fix for the myriad effects of COVID-19 on GDP (and that GDP is important), then for you the markets will charge north forever!
The choice is yours about what you believe. But what you believe could be the result of manipulation of minds by fake news. Some say there is no such thing as fake news.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
S&P 500 Elliot Wave Correction Hello all,
I do not typically do any analytical content out side of cryptocurrency, but with the state of the markets and everything happening I thought I would take a look. This analysis is just a simple thought process so do not trade based off this.
S&P 500 in Elliot Wave Correction. This seems to be a possibility. After the unfortunate spike in the confirmed cased of Covid19, the market took a hard hit, again. This new wave of cases is possibly linked to the increased crowds, parties, and gatherings for memorial day a couple weeks ago. If this is the case, I have reason to believe that it is just the beginning of the confirmed case increase. I say this because very recently there has been a large amount of protesting in the states, millions of people gathering together. I will not comment on that of course, but I will say that it is the perfect storm. It may have just helped spread the virus even more than ever before. It is unfortunate as these predictions on markets are not just about the value of something, but it is a reflection of how bad things are. So keep that in mind. I hope this was helpful.
Stay safe all, trade safe, and stay healthy.
Thanks for reading.
- Max K.
DAX30 Key Levels D1, H4 and H1 + General thoughts for trading itThe stock market has been pumping and with things coming back to normal, we are going to likely be climbing back up to pre-covid19 levels, but nobody knows this for sure, so I find marking key levels of support and resistance helps me keep track of my bias so can take trades accordingly.
Once the levels are nailed down the execution becomes the next task....
Next Monday If we break daily resistance @ 12870 and find support to test weekly levels @ 12940 then then it will be safer to stick to buys to mid-13000s.
However, you can scalp sells with prices first reaction at these levels, for this i would recommend using the smaller time frames.
If you have traded DAX30 you will know it can move harshly compared to the smaller indexes.
If anyone has any advice on how they like to trade DAX30 let me know.
Push like or leave a comment if you agree with my key levels.
Thanks for viewing.
Daniel
UCFX
COMPUGEN $CGEN "BREAKINGOUT"It is breaking the buy point out today. The volume is about to exceed the average. watch for channel resistances.
12 months Consensus Price Target: $18.57
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
WARNING! Kill zone ahead - S&P 500This is not a prediction. I don't do predictions. The setup is only a probabilistic estimate based on a reckless disconnect between market sentiment and fundamental reality. It's probably the most reckless in history.
For every probability estimate in one direction - NOTE CAREFULLY - that there is a residual probability in the opposite direction. So if for example one thinks there is a 60% chance for the south, then there is a 40% chance for the north. I am not saying the S&P500 has a 60% chance of falling south from the kill zone shown. The best I could do is 51% - which means 49% chance (in my mind only) that it'll bust north.
I always make potential losses very prominent in my posts.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Coca-Cola bullish potential!Hello fellow traders ! The chart speaks for itself, nice bullish candle trend break with the 50 day moving average as support. MFI was oversold and making its way up, stochastics gaining traction as well. Looking at the fib levels to have an exit plan. Just my opinion! Good luck ! ;)
Upwork Finances.Upwork is a company that mainly makes money as their hired consultants make money. So the more employers hire people through the service the more revenue they generate. This could be problematic long term as after they hire a "temporary employee" because thats whats assumed through the program if they decided to hire them long term after their term is over then Upwork gets nothing. AND they just lost future revenue. PLUS
Over the past few years they have been in the hole.
We have a history of net losses, anticipate increasing our operating expenses in the future, and may not achieve or sustain profitability.
Quote from their SEC filing 10-K
I will be looking for a SHORT when it seems they have peaked.
RED LINES=DAILY support/resistance
PURPLE LINES= Weekly support/resistance
A lot more pricing information at those higher price points. What could've dropped the price is that they've had an offering so that they can manage extending the life of the company. More offerings means a lower price.