ONGC poised bullish swingONGC poised for a bullish swing with a target set at 280 and a stoploss at 265. Traders anticipating upward momentum should remain vigilant
Stocktrading
Jindal Steel for a bullish swingJindal Steel shows promise for a bullish swing, with a target set at 898 and a prudent stoploss at 838. Traders eyeing potential gains should monitor closely
LT A BULLISH TRENDLT in bullish trend with given SL and Targets on charts for long trade with the trend
NAUKRI A BULLISH TRADENaukri , a leading online job portal in India, presents an attractive opportunity for bullish traders at the current price of 5580. This entry point reflects the strong upward momentum the stock has been experiencing, making it an appealing prospect for potential gains
HAVELLS WITH BULLISH MOMENTUMHavells stock presents an enticing opportunity with a stop loss set at 1450 and a target of 1600. Riding on bullish momentum, let's aim for growth while managing risk effectively
ZOMATO IN BULLISH TRAJECTORYZomato's stock appears to be on a bullish trajectory, with market indicators pointing towards a target of 200. Investors are eyeing potential gains, while also implementing a stop loss at 173 to manage risks effectively and safeguard against potential downturns
NESTLE WITH BULLISH OUTLOOKNestle emerges with a bullish outlook, with market sentiment signaling a direct rally towards 2660. To mitigate potential downside risks, a stop loss is strategically placed at 2560, aligning with prudent risk management practices while capitalizing on the upward momentum
INDIAN HOTEL A HOSPITALITY STOCKInd Hotel, a prominent player in the hospitality industry, is currently exhibiting strong bullish momentum in the stock market. With a stoploss set at 559 and a straight target of 161, investors are eyeing potential gains in the near term
DLF A REAL ESTATEDLF Limited, a prominent player in the Indian real estate sector, has caught the attention of investors with its recent bullish momentum. As of , the stock is poised for further upward movement, with a bullish target set at 940
TATA MOTORS IN BULLISH TRENDTata Motors displays a bullish sentiment as investors anticipate a straight rally towards 1070, supported by positive market indicators. To manage risks effectively, a stop loss has been set at 965, ensuring prudent risk management amidst potential fluctuations
TATA STEEL EXHIBITS A BULLISH TRENDTata Steel exhibits a bullish trend as market sentiment favors upward movement, with a projected rally aiming for 165, while prudently safeguarding against potential downturns with a stop loss set at 150.
Intel Corporation UpWe hit support.
We had 2 good days up strong buying from support.
Great opportunity for a 1/1 trade.
BMBL – When Will The Bleeding Stop?NASDAQ:BMBL has been in a strong downtrend since launch, and could potentially rebound at some point. I personally prefer to stay away from these types of charts, but if they start showing some bullishness maybe there could be a trade setup later. The price is trading near the lows of the range for anyone who wants to take a shorter term trade, I’m personally just looking for better opportunities.
LYV – Bullish Breakout Above The White Resistance ZoneNYSE:LYV has been in a bullish uptrend since Feb 5, 2024 and is continuing to show some strength. I’m not interested in making a late entry here, but the key target is the previous $125.90 all time highs at the green trendline. I think LYV will eventually form a new all time high, but I’m not interested in taking a trade here. I would consider an entry within the white zone and preferably at or below the yellow support line. This yellow support line has presented the best buying opportunity, and I recently posted a similar setup for $NKE. It took several months of patience for the NKE setup, I think it will take a while for LYV to present a setup as well.
BLUE – Short-Term Trade From The Depths Of Rock BottomNASDAQ:BLUE has dropped significantly from its $150 highs to its current price level around $1. I think BLUE is forming a dead cat bounce in the green support zone, and I can see a short-term swing up to the yellow trendline. The price has already rebounded quite a bit, I would look for an entry around the green support zone between $0.87 and $1.02. I can see BLUE reaching the yellow trendline at some point and there is a red resistance zone ahead. I think it will be difficult to reach the highs of the red resistance zone around $2.77. Instead, there is likely to be a slower move up towards the yellow trendline.
BBIO – A Promising Stock & Buy OpportunityNASDAQ:BBIO has been performing very well since May of 2022, and has recently been in a downtrend. BBIO lost support at the light blue support line, and more recently had a bullish rebound off the yellow support line. I think BBIO is likely to present more buy opportunities around $27.15, and this is a stock that is worth monitoring for a trade setup.
TSVT – A Bullish Breakout To MonitorNASDAQ:TSVT is having a nice bullish rally from $1.53 in Nov. 2023 to $5+ price levels. TSVT has reached a key light blue resistance line, and there has been resistance suppressing the price here. However, I am seeing some bullish signs into resistance, and there is the potential for a bullish breakout here. I think it is worth monitoring TSVT for a breakout. I would buy after a confirmed breakout, and the red lines are my key price targets on the way up.
ROIV – 20% Trading RangeNASDAQ:ROIV is trading near all time highs, and I just don’t see any good investment opportunity here. However, I do like that there is a nice trading range between the red and green trendlines with 20% swings. I would definitely trade these swings, it looks like there was a recent opportunity that was missed. But I’ll track ROIV to look for the next setup.
SPG Approaching A Red Resistance ZoneNYSE:SPG has been in an uptrend since Oct. 2023, and is approaching a red resistance zone. I think there is likely to be resistance ahead, and I would look for an options puts trade setup.
Has MPW Bottomed Out?NYSE:MPW has pumped 19.60%+ today, and I received a great question about whether MPW has bottomed out. There was an opportunity to buy within the buy zone, and MPW had a strong rebound out of this buy zone. The momentum is currently bullish, and there is the possibility that MPW continues trending up towards the light blue trendline, which gives a price target around $6-7 price levels. This pump is caused by bullish news that Steward is selling assets to reduce its debt, which is a scenario that I've been discussing in past updates. It is possible for a selloff after this news, and for now MPW is at a $4.60 resistance level. It is important to monitor this resistance level to see if MPW gets a rejection or break here. With a rejection, I think there can be more buying opportunities around $3-4 price levels. MPW had a strong rebound off the orange zone, flipping it from resistance into support. I think MPW could retest this orange zone at some point, and I still think MPW could retest the green buy zone during a fed pivot.
XOM Potential Buy setupReasons for bullish bias:
- Safe entry at breakout for confirmation
- Price bounced from strong support
- SL below support
Entry Level (Buy Stop): 105.36
Stop Loss Level: 95.40
Take Profit Level 1: 115.32
URAVI Swing Trade
Stock recently reached a new 52-week high at 368.
Plan to enter below 305.6 for a swing trade opportunity.
Set a stop loss at 251.40 to manage risk.
Target levels are 368 and potentially 406.20.
Strategy capitalizes on upward momentum with careful risk management.
COINBASE: Forming a Top. Selling gains momentum.Coinbase is on a bullish 1D technical outlook (RSI = 64.977, MACD = 22.160, ADX = 33.325) but at the top of the Channel Up. The 1D RSI Bearish Divergence on LH suggests that a similar top is close to getting formed (or already has) like on December 28th 2023. All major corrections since 2023 have been at a -39% minimum and reached always the 0.5 Fibonacci from the bottom. Consequently, we are now bearish on COIN, targeting the 0.5 Fib (TP = 185.00) where we will turn bullish again aiming for the Channel's top (TP = 350).
See how our prior idea has worked out:
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