Reasons for bullish bias: - Price gave resistance breakout - Price bounced from 0.5 fib level - Positive Earnings - TP below the next resistance Here are the recommended trading levels: Entry Level(CMP): 5.47 Stop Loss Level: 4.59 Take Profit Level 1: 6.07 Take Profit Level 2: Open
Market Overview: Samsara NYSE:IOT is at the forefront of harnessing artificial intelligence (AI) to revolutionize its business operations. Through the utilization of cloud-based data analysis, Samsara efficiently processes vast amounts of sensor data, positioning itself to capitalize on the bullish trend in AI and offering promising opportunities for...
Reasons for bullish bias: - Price gave a strong weekly resistance breakout - Price respecting daily trendline - Playing DOW - Positive Earnings Here are the recommended trading levels: Entry Level(CMP): 104.55 Stop Loss Level: 94.63 Take Profit Level 1: 114.47 Take Profit Level 2: 124.39 Take Profit Level 3: Open
Reasons for bullish bias: - The price has broken the downtrend trendline - An entry at the lower highs (LH) breakout will provide further confirmation - Currently, the price is in a consolidation phase Here are the recommended trading levels: Entry Level(Buy stop): 30.18 Stop Loss Level: 25.26 Take Profit Level 1: 35.1 Take Profit Level 2: 40.02 Take Profit Level 3: Open
Reasons for bullish bias: - Entry at accumulation phase breakout - Bullish Harmonic XABCD pattern on weekly - Strong weekly Bullish divergence - Price broke strong downtrend trendline - Strong bullish weekly candles at support - Positive Earnings Here are the recommended trading levels: Entry Level(CMP): 28.91 Stop Loss Level: 24.65 Take Profit Level 1:...
Short Term Trading Advice by Naranj Capital Buy Crane Company ● Buy Range- 134 - 136.5 ● Target- 144 - 145 ● StopLoss- 129.5 ● Potential Return- 5-6% ● Duration- 10-12 Trading Days
Reasons for bullish bias: -Price is moving in an Ascending triangle on weekly - Trendline support - Price bounce from support - Positive Earnings - TP till major Resistance Here are the recommended trading levels: Entry Level(CMP): 59.99 Stop Loss Level: 56.98 Take Profit Level 1: 63 Take Profit Level 2: 67.65 Take Profit Level 3: 74.34
MCD has formed a bearish flag pattern, suggesting a potential decline towards the daily support level. It's prudent to await confirmation of a bearish breakout from the flag pattern before considering any further action.
Reasons for bullish bias: - Price gave a small consolidation breakout - Bullish divergence Here are the recommended trading levels: Entry Level(CMP): 283.47 Stop Loss Level: 265.74 Take Profit Level 1: 301.20 Take Profit Level 2: Open
Reasons for bullish bias: - Descending triangle breakout on a weekly - Entry at LH breakout Here are the recommended trading levels: Entry Level(CMP): 28.67 Stop Loss Level: 16.22 Take Profit Level 1: 37.83 Take Profit Level 2: Open
The US30 has formed a compelling harmonic pattern, displaying a distinct W pattern that spurred the recent rally. The resistance established at the peak is pivotal, as we anticipate a reversal when the price reaches that level. This is also where we anticipate the completion of the right wing of the harmonic pattern.
PYPL has formed a falling wedge pattern, suggesting a potential bullish breakout. We're currently awaiting confirmation from the price. As long as the price stays above the highlighted support, there's anticipation for a bullish reversal, considering previous price actions.
Reasons for bullish bias: - Price gave triangle breakout - Price broke strong resistance Here are the recommended trading levels: Entry Level(CMP): 75.55 Stop Loss Level: 47.22 Take Profit Level 1: 103.88 Take Profit Level 2: 121.45 Take Profit Level 3: Open
NASDAQ:META Why Meta Stock Could Reach $520 by July 2024 Earnings Report Meta Platforms, Inc., formerly known as Facebook, has been making significant strides in its business operations, which could potentially drive its stock price to $520 by the time of its July 2024 earnings report. Here are some key reasons: 1. Strong Performance in Q1 2024 Meta reported a...
Shares of ZEEKR Intelligent Technology Holding Limited ( NYSE:ZK ), a global electric mobility technology brand of Chinese automaker Geely Automobile Holding, rose by nearly 35% on the New York Stock Exchange on Friday, following its initial public offering (IPO). The company offered 21 million American Depositary Shares (ADS) at $21 per share. ZEEKR's stock...
Reasons for bullish bias: - The price has broken consolidation on weekly - Playing simple DOW theory Here are the recommended trading levels: Entry Level(CMP): 88.77 Stop Loss Level: 82.43 Take Profit Level 1: 95.11 Take Profit Level 2: Open
Reasons for bullish bias: - Entry at HH breakout(DOW) - Price bounce from trendline - Positive Earnings Here are the recommended trading levels: Entry Level(CMP): 313.85 Stop Loss Level: 283.76 Take Profit Level 1: 343.94 Take Profit Level 2: 363.20 Take Profit Level 3: Open
Market Overview: GM is experiencing strong pricing trends driven by robust demand and a focused strategy, according to CFO Paul Jacobson. Analysts are optimistic, with Bernstein assigning an outperform rating and a $55 price target, indicating significant upside potential. Electrification Strategy: The imminent launch of the low-cost Chevrolet Equinox EV...