Get started

Stockstobuy

Freshworks possible BUY ideaFreshworks, ticker FRSH, is looking good for buying at the moment. This IT services and customer resource management software company, reported it's first operating profit quarter since becoming a publicly traded company. It competes with giants such as Salesforce(CRM) and ServiceNow(NOW) What to consider? 1. Stock has already jumped from the smaller Cup and Handle formation on December 13th, and its upward move was great, with increase in buying volume and price rise. It went from $21.17 to $24.15, closing above its 52 week high on Friday, December 15th. 2. I will be looking for the stock to make some price pullback for me to enter it. Best price I will be looking, for entering, will be on 50% Fibonacci retracement line, sitting at around $22.48-$22.5 price level. I love adding to a position or entering one on that Fib level. 3. If I am to enter on that level, my stop loss will be around 78.6% Fib level, which is sitting at $20.88 price level, which is a good price level, a deep stop loss level, since it is some 13-15% away from the current stock price. So, this basically means that I would like to give some breathing room for this stock. This will be my scenario A. Scenario B, is the one which is happening at the moment. We are having a bigger Cup but without the Handle, which was broken on Friday. If we check the depth of the Cup and try to catch the entire depth of the cup, we could see the price rising to some $30ish levels. Which will be just above the previous resistance line, sitting at $29.7-8 price level. Surely, there will be couple of good opportunities with this stock. Will keep you all updated!
NASDAQ:FRSHLong
by De_Banis
INDRAPRASTHA MEDICAL CORP - A good reversal bet for 15% ROI.The stock has given a fantastic rally , yearly breakout of 22 years in 2023. The stock has been taking strong support at 165 levels since 4 months. Now it shows reversal from 165 levels. Confirmed by price action - RSI. Entry - 194. Targets - 204, 208, 216,225. It would be great to trail the profits once 225 is taken off. To note : Quarterly results are good. Also DIIs have started purchasing the stock since last 2 quarters, new addition. FIIs have marginally increased stake.
NSE:INDRAMEDCOLong
by Rugminik
Arvind Ltd Swing, Short Term and Long Term Trade Idea6M chart shows a Double bottom breakout, we need to wait till December closing, aggressive investors may consider trade now. This shows a potential 100% return from here. Monthly and weekly chart shows an all time high breakout, after 5 years of consolidation and hitting the same supply region. This chart shows opportunity for swing and short term. 75 minutes has broken out of small consolidation zone, potentially leading to the next target zone of 185. For swing trade one may consider this. Trade at your own risk, Happy trading!
NSE:ARVINDLong
by Rugminik
VOD Vodafone and MSFT Microsoft Partnership After reaching its May 2010 level, I believe Vodafone (VOD) stock is primed for a rally! Its metrics are outstanding: Forward Dividend & Yield: 0.97 (11.09%) and PE Ratio (TTM): 2.13. Additionally, there is a significant partnership with Microsoft (MSFT): Microsoft initiated a 10-year strategic partnership with Vodafone (VOD) aimed at leveraging their respective strengths to create new digital and financial services tailored for businesses, especially small and medium-sized enterprises (SMEs) across Europe and Africa. The collaboration involves the utilization of Microsoft's generative artificial intelligence (AI) to enhance Vodafone's customer experience, with the goal of delivering a more personalized and differentiated service through various channels. The partnership seeks to expand and improve Vodafone's managed Internet of Things (IoT) connectivity platform, aiming to scale up the telecommunication company's IoT platform by connecting more devices, vehicles, and machines. I`m considering the $9 strike price at the money Call for February 16, or the $10 call for March 15.
NASDAQ:VODLong
by TopgOptions