Insecticides - Poised for a 25% upmove Swing Trade1) The stock is about to break out of a multi year Trend Line, 2017, 2022 in Monthly timeframe.
2) The stock is in up trend in all major time frames.
3) Daily shows a god trigger of a breakout soon indicated through a Volatility contraction Pattern.
For a 3% SL, 25% Targets expected , around 1000 Rs.
My entries - 789
SL - 767 Daily closing Basis
Target Around 1000
Sector : Chemical - Momentum Sector - AGroChemical.
Trend Line Break
STORJ / USDT → Wedge breakout with trend change target BINANCE:STORJUSDT shows positive dynamics to the change of trend and the beginning of bullrun. The coin is moving to the phase of implementation of a pattern that can change the direction of the market.
Bitcoin sets the general trend of the cryptvault market. The general fundamental background, which is formed around BTC and ETH sets positive prospects for other altcoins, which can still surprise us.
Technically, STORJ is coming out of consolidation and is essentially entering the distribution phase. A false break of the key resistance is formed, which can be broken after the next retest. High probability of a small correction before a subsequent attempt to break through this zone and enter a new range of 0.500 - 0.900.
Resistance levels: 0.4882, 0.6034
Support levels: 0.5 Fibo, 0.3530
The task of the bulls is to keep the defense above the key support, if it succeeds, the next target will be the breakout of resistance and bullrun.
Regards R. Linda!
GOLD → Retest resistance before a breakout. What's next?FX:XAUUSD has been strengthening since the opening of the session and is testing the 2400 zone. The market is getting bullish again, but at the same time it is at a strong resistance. The focus is on 2393.0.
There is no news today and the overall situation is stable. Gold has no obvious reasons for a possible strong fall. Markets are waiting for the confirmation of the progression of US deflation with the subsequent hints on the soon reduction of interest rates. The fact itself is favorable for gold.
Technically, the focus is on the edge of the range 2393. Consolidation of the price above this area may well influence further growth, but it is necessary to follow the descending resistance, because it will be difficult to pass this area from the first time.
Resistance levels: 2400, 2430
Support levels: 2393, 2384, 2377
Technically and fundamentally everything is quite positive. We should expect a retest of resistance with subsequent growth, but it is not excluded that before the active recovery phase there may be a retest of support, for example: 2387, 2382 or 2377
Rate, share your opinion and questions, let's discuss what's going on with ★GOLD ;)
Regards R. Linda!
USDJPY → Weak dollar + intervention = bearish trend ↓FX:USDJPY breaks the 157.7 zone after a small consolidation. Powell's comments about more progressive deflation favor the market, the dollar is falling on this background and the end is not seen yet...
Fundamentally, the weakening dollar and the ongoing interventions of the Central Bank of Japan have quite a strong impact on the exchange rate, but it is worth being careful. Previously, this market reaction was quickly bought out by traders who still have little faith in the continued strength of the JPY.
Technically, if the dollar continues to liquidate, such a strong fall could bring the currency pair down to global lows.
There is a strong liquidity zone ahead. Possible activation of orders in the risk zone, which may provoke a pullback before a further fall or a strong impulse, which without a pullback will knock out all market participants and the price will fly downward
Resistance levels: 157.18, 157.7
Support levels: 154.5, 151.86
At the moment everything is obvious, fundamental and technical nuances are telling about further decline. We should pay attention to the nearest zone of liquidity and price reaction.
Regards R. Linda!
XRP → The moment before “to the moon” ↑BINANCE:XRPUSDT is the strongest of the market. As ETH & BTC fall, ripple is holding quite positively as traders are starting to believe in growth amid rumors...
Ripple CEO recently said that he expects a legal resolution to the situation between the SEC and Ripple “very soon”
Many are speculating that the SEC's closed-door meeting to finalize the case against Ripple could take place today - July 25.
Against this backdrop: Trading volumes are rising, price is hitting local highs, whales are accumulating XRP
Technically, it is worth paying attention to the 0.6378 - 0.5712 range. If breaking the resistance fails, the price may test liquidity below the support before subsequent growth.
Resistance levels: 0.6378, 0.7440
Support levels: 0.5712, 0.5100
If the trial finds its denouement, it will give a second life to the coin. A break of the range resistance - 0.6378 will open a new path....
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:XRPUSDT ;)
Regards R. Linda!
Gold's Next Explosive Move: Is a Massive Surge or Dramatic Drop?Major Support / Resistance Zone:
This zone is marked clearly on the chart and acts as a significant level where price has previously reversed or consolidated. It's crucial to monitor how price reacts around this area.
Wave Analysis:
The chart shows a clear Elliott Wave structure, with a 5-wave pattern identified. Waves (1) to (5) represent the motive waves, and the correction waves are seen in between.
Bearish Flag #1 and #2:
These flags indicate periods of consolidation following a downward movement, suggesting potential for continuation to the downside. They are often characterized by lower highs and lower lows forming within a channel.
Descending Channel:
The descending channel provides a clear bearish structure, with price making lower highs and lower lows. This channel acts as a guide for potential price movement, indicating bearish sentiment as long as the price remains within this structure.
Daily Bull Flag:
This larger bullish flag formation suggests a longer-term bullish potential if price breaks above the flag's upper boundary. It's a key pattern to watch for potential upside.
1HR LQZ / Reversal Zone:
This liquidity zone (LQZ) is marked as an area where a significant amount of orders might be present, potentially leading to reversals or significant price reactions.
4HR LQZ:
Similar to the 1HR LQZ, but observed on the 4-hour timeframe, suggesting a more significant potential reversal or consolidation area.
Bullish Potential:
If the price breaks above the 1HR LQZ / Reversal Zone and the descending channel, there is a bullish potential up to the levels marked on the chart. The structure would need confirmation through higher highs and higher lows.
Bearish Potential:
If the price fails to break above the descending channel and instead moves below the 4HR LQZ, a bearish continuation is likely, potentially targeting lower support levels.
Summary
The chart indicates a potential for both bullish and bearish scenarios depending on how the price reacts to the identified key levels (major support/resistance zone, 1HR and 4HR LQZs, and the descending channel).
Bullish scenario: Break above the 1HR LQZ and the descending channel, leading to a continuation towards higher levels.
Bearish scenario: Failure to break above the descending channel and a move below the 4HR LQZ, indicating a continuation to the downside.
This analysis should help in making informed trading decisions based on the observed technical patterns and key levels.
DIXON FOR LONG TERM INVESTMENT IDEAFalling Trend Line Breakout
Stock shows the Bullish moment on (WEEKLY)
Double bottom chart pattern on the (WEEK) that indicates a Bullish moment will continue till the 5000 level if the stock sustains above 4500 it can go further more.
Technicals
—RSI 74 (WEEKLY)
—ABOVE 20 MONTH EMA
—VOLUME ABOVE 20 MA
educational purpose only!✨
Do your research before making any investment🥂
#TURBO/USDT LONG CHART IDEA#TURBO/USDT LONG CHART IDEA
Leverage: 20x
Entries: $0.005817
Take profit 1: $0.006068
Take profit 2: $0.006562
Take profit 3: $0.007222
Stop Loss: $0.005520
BINANCE:TURBOUSDT.P
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks.
GOLD → There's a chance at the Bullrun. PCE ahead...FX:XAUUSD is testing local channel support and forming a rebound from the liquidity zone. Traders are waiting for PCE data. Favorable inflation data may provide strong support for gold.
Traders are waiting for the PCE, any hints of lower inflation may be viewed quite positively, which will generally increase the chance of interest rate cut in September. As we know, low interest rates make gold more attractive.
Technically, if we pay attention to the D1 chart, gold is testing a conglomeration of strong support: False break of MA-200 + trendline support, as well as bounce from 2350-2355 support level, which means the approximate area of intermediate bottom of the ranyke and forms a global range of 2485 - 2350. But, the fight for 2350 is not over yet.
Resistance levels: 2377, 2392
Support levels: 2370, 2350
Let me remind you that news is unpredictable. Favorable data will influence the possible bull run, but unpredictable ones may provoke sales and price decline to 2350.
But, at the moment of analysis, technical and fundamental nuances point to a bull market, there is a chance of growth to 2400-2430.
Rate, share your opinion and questions, let's discuss what's going on with ★GOLD ;)
Regards R. Linda!
#ICX/USDT LONG CHART IDEA#ICX/USDT LONG CHART IDEA
Leverage: 20x
Entries: $0.1681
Take profit 1: $0.1815
Take profit 2: $0.2188
Take profit 3: $0.2615
Stop Loss: $0.1512
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:ICXUSDT.P
Thanks
DOGE → The bulls are overcoming resistance. Trend change?BINANCE:DOGEUSDT is breaking trend resistance and on W1 the bulls have kept the price above the risk zone. Prospects are emerging for a possible rally....
The 0.1-0.05 area is the bottom of the market. Strong accumulation is forming in this area. The price left it back in the spring, but the recent retest showed that the bulls are not ready to let the price beyond 0.106, which generally determines the medium-term prospects.
On D1, the price is breaking the trend resistance of the Wedge pattern, forming a small rally to 0.1437. If the bulls hold their positions and defenses above 0.126 - 0.1200, the market will retain its bullish phase, thus we can soon see a breakout of the local high with a subsequent rise to ATH
Resistance levels: 0.1437, 0.1657
Support levels: 0.126, 0.12
There is no fundamental analysis, but technically there are good prospects. Various services are showing a spike in whale activity in DOGE, which could signal as increased interest. I expect a positive outcome from the bulls with a subsequent rally to the zones of interest
Rate, share your opinion and questions, let's discuss what's going on with ★ DOGE ;)
Regards R. Linda!
SUPER/USDT POSSIBILITY FOR NEW BREAKTrend study shows that this coin has the possibility to get a break in the coming time.
Since the last 2 days, this coin has shown an interesting view.
We will follow this coin for the possibility of the next break
It depends all on the high chance after data info
We follow this coin if it's going to show a super effect with the next confirmations.
confirmation are important before trend continue
#XRP/USDT SHORT TRADE IDEA#XRP/USDT SHORT TRADE IDEA
Leverage: 20x
Entries: $0.5981
Take profit 1: $0.5815
Take profit 2: $0.5443
Take profit 3: $0.4834
Stop Loss: $0.6368
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:XRPUSDT.P
Thanks
The sroced.
S32 20% bounce?S32 has retraced from the top of this triangle and looking to find support on this trendline going back to 2015. S32 also has support from a previous channel and support zone at $2.90 all converging in the same area. MACD is also turning up with bullish hidden divergence on the RSI. If breaks below support zone and trendline then will be no trade and could even look too short on a retest. Good luck and happy trading🍀
GBPUSD → A favorable PCE could resume the bullish trend ↑FX:GBPUSD is forming a counter-trend correction amid the dollar recovery. Ahead of PCE, data may determine the medium-term outlook for the FOREX market
Technically, the market is increasing bets that the PCE may show hints of lower inflation, which will generally increase the chances of a September interest rate cut in the US. This could be negative for the dollar and positive for the currency pair. But no one rules out an unpredictable outcome, against which the currency pair could decline to 1.277
Technically, I would pay attention to the resistance at 1.2894. A consolidation above this zone will confirm the phase of the bull market, against which the price may rise to 1.30 - 1.31.
Resistance levels: 1.2898
Support levels: 1.2850
Fundamentally, things are not so bad. Favorable data can resume the trend after the correction phase, but it is still worth paying attention to the actual PCE figures and only then you can build a medium-term strategy
Rate, share your opinion and questions, let's discuss what's going on with ★GBPUSD ;)
Regards R. Linda!
#BEPL an Hidden GEM looking to Shine like a STAR #superchartzKey Levels:
Support: 145 CL
Resistance: 165 to 170 CL
Technicals:
Bhansali Engineering Polymers Ltd has a market cap of ₹ 3,768 Cr and a current price of ₹ 151, nearing its 52-week high of ₹ 164 and well above its low of ₹ 81.6. The stock trades at a P/E ratio of 20.6, slightly above the industry P/E of 19.9, indicating a relatively fair valuation. It offers a dividend yield of 2.56% and a price to book value of 4.09. The company’s EPS stands at ₹ 7.33, and it has achieved a notable 44.0% return over the past three months, though its three-year return is a modest 4.85%. The enterprise value is ₹ 3,560 Cr, with a CMP/FCF ratio of 18.0, and it maintains a Piotroski score of 7.00, suggesting a strong financial position.
Fundamentals
Business Overview: Bhansali Engineering Polymers Ltd manufactures and sells ABS and SAN resins, among other plastics. ABS resins contribute significantly to the company’s revenues.
Revenue Breakup FY23:
ABS: 92.6%
SAN: 1.74%
Trading Sales: 5.68%
R&D Achievements: Development of 16 new grades with improved properties, and commercialization of 6 of them. Development of 125+ new color grades with 36 commercialized.
JV with Nippon: 50:50 JV with Nippon A&L Inc. for expanding business in Styrenics Resins.
Manufacturing Capabilities:
Two facilities in Abu Road, Rajasthan, and Satnoor, MP with a total capacity of 75,000 TPA.
Capacity utilization at 97% in FY23.
Capacity Expansion: Plans to expand ABS and SAN capacity to 145,000 TPA by March 2026, with an approved Capex of 500 Cr delayed due to COVID-19.
Financial Ratios:
ROCE: 24.4%
ROE: 18.1%
Return on Assets: 16.2%
Sales: ₹ 1,267 Cr.
OPM: 17.1%
Current Ratio: 7.30
Debt to Equity: 0.00
Inference:
Bhansali Engineering Polymers Ltd exhibits strong technical indicators with a significant recent price increase and a healthy dividend yield. Its fundamental aspects show robust business operations, particularly in the ABS segment, supported by strategic R&D and a significant capacity expansion plan. The company's financial health is strong with high ROCE, ROE, and zero debt, indicating efficient management and potential for growth, especially with its focus on the automotive industry and support from its JV with Nippon.
GOLD → Profit taking led to the rally. But it's not all bad... GOLD after the retest of 2430 fell under the selloff, there is no pressure on the price of metal, but the reason may be profit taking amid the selloff in stocks and in anticipation of economic data from the United States.
Traders are waiting for US GDP and Initial Jobless CLaims, which will be released at 12:30 GMT. The data may have a medium-term impact on the market, but the whole focus is on PCE, which will be released on Friday. Investors expect the Fed to deliver its long-awaited rate cut in September. In a low interest rate environment, gold's appeal increases.
If the data on Friday shows that inflation is slowing down, it will be a good sign for gold.
Technically, a correction is forming, with emphasis on 2370, or 2350. Strong support areas that can keep the market from falling.
Resistance levels: 2377, 2392
Support levels: 2370, 2355, 2350
The price stops in the zone of 2370-2377 in general it can give some prerequisites for a rebound. If gold can consolidate above 2377, the price may move into the recovery phase, if not, traders may test the liquidity in 2355-2350 before further growth.
Rate, share your opinion and questions, let's discuss what's going on with ★GOLD ;)
Regards R. Linda!