I have posted about this correlation previously. Perhaps this time it might be clearer to see... This uncanny correlation between the SG10Y Govt Bond Yields as a leading indicator for the S&P500 was noticed some time ago, and tested since. As shown, the major turning points were seen in trend changes of the SG10Y GBonds first, before the S&P500 reacted. The...
Looking for the price levels shown to function as turning points on the next buy & sell waves for this ticker. Trading calls & puts as appropriate at those levels. Using ITM option contracts given the lower liquidity & wider spread values. Most of my contracts are 3-6 weeks out from expiration. Share your thoughts!!
Can't believe I missed this buy signal on the fib, super high vol buyback. The doomsday retracement is going to be the election cycle bull run. Let's see how this plays out.
Renuka Sugars , a leading sugar manufacturer in India with a strong presence in ethanol production, is showing a promising swing trade setup. Reasons are listed below : 53 Zone Breakout : The 53 zone, a previously strong resistance, has been breached, indicating potential upward momentum. Bullish Marubozu Candle on Daily Timeframe : A bullish marubozu candle...
Endurance Technologies , a prominent player in the auto components industry, is exhibiting technical signals that indicate a potential swing trade setup. Reasons are listed below : Break of Flag and Pole Pattern : The stock has broken out of a bullish flag and pole pattern, which is typically a continuation pattern signaling further upward momentum. 50 EMA...
CEAT Ltd , a major player in the tire industry, is currently showing technical signals that suggest a potential swing trade opportunity. Reasons are listed below: Break of Symmetrical Triangle Pattern : The stock has broken out of a symmetrical triangle pattern, indicating a potential shift in momentum and the beginning of a new bullish trend. Bullish...
JM Financial , a diversified financial services group offering services in investment banking, brokerage, and asset management, is currently presenting a potential swing trade setup. Reasons are listed below : 120 Zone Resistance Break : The 120 level has acted as a strong resistance since 2018. The price is now attempting to break through this zone,...
Havells India , a leading electrical equipment company, is presenting a promising swing trade opportunity. Reasons are listed below : Breakthrough of Resistance Zone : The 1450-1500 zone has historically been a strong resistance area. The price has broken through, retested, and is now again breaking previous higher highs, indicating a potential upward...
HEG, a key player in the graphite electrode industry, presents a strong swing trading opportunity Reasons are listed below : 1950-2000 Strong Support Zone: This zone has proven to be a reliable support, making it a crucial level for price stability. Bullish Engulfing Candle on Weekly Timeframe: A clear sign of buying strength, indicating potential for a...
Radico Khaitan , one of India's leading liquor manufacturers, presents a potential swing trade opportunity based on strong technical signals. Reasons are listed below: Break of Ascending Triangle Pattern : The stock has broken out of an ascending triangle pattern, indicating strong bullish momentum and a potential continuation of the uptrend. Bullish...
Mahindra & Mahindra (M&M) 9.5% in 10 Days on Risological Was able to catch a 9.5% trade in 10 days on the 15m time frame. Currently, the Trailing stop loss is at 2,822 for safe traders. People with patience make the most money in any market.
#NMDC Beautiful Patter | 20% Trade Potential Please look at the chart for entry details. Upside potential of 20% to 35%
Prism Johnson , a key player in the building materials sector, is showing promising technical indicators that suggest a potential swing trade opportunity. Reasons are listed below: Break of Cup and Handle Pattern : The stock has broken out of a cup and handle pattern, which is a bullish continuation signal, indicating the potential for further upside...
Ratnamani Metals & Tubes, a leading manufacturer of stainless steel and carbon steel welded pipes and tubes, is showing a potential swing trade setup with several bullish technical signals. Reasons are listed below : 3800 Zone Break Out : The 3800 level has acted as a strong resistance zone. The price is now breaking through this level, signaling the...
This setup presents an attractive opportunity for swing traders to capitalize on the potential uptrend in SBI Cards . Reasons are listed below : Strong Support at 670-700 Levels : SBI Cards has established a robust support zone in the range of 670-700 levels, indicating strong buying interest and potential reversal points. Bullish Marubozu Candle : A...
RK Forgings , a key player in the forging industry, is showing technical indicators that suggest a promising swing trade opportunity. Reasons are listed below : 850 Resistance Turned Support : The 850 level, previously a strong resistance, has now turned into a robust support level, indicating a potential floor for the stock price. Bullish Engulfing Candle...
L&T Technology Services (LTTS) is showing technical signals that suggest a promising swing trading opportunity. Reasons are listed below : 4700 Resistance Zone Breakout and Retest : The 4700 level has been a significant resistance zone. The price broke above this level, retested it, and is now continuing its upward move, indicating strong bullish momentum. ...
Indian Energy Exchange (IEX) is exhibiting promising technical signals that suggest a potential swing trade opportunity. Reasons are listed below : 170 Zone as New Support : The 170 level was previously a resistance zone and has now turned into a support level, indicating strong buying interest. Hammer Candle on Weekly Timeframe : The formation of a hammer...