Kotak Bank has been taking a beating for last 3 months, and I think it's about time that it started attracting some big investments again. My view on this stock is bullish right now, and we can expect the move to realise in next 2-3 months, i.e. May 1(around the time of their next financial report). Kotak is a fundamentally strong bank, that has generated...
Nice entry yesterday on gold at $1790 for me, I took the day trading profits at $1810 but have re-entered today after a nice close yesterday. Stop at around $1780. The way I see it, inflation has peaked and the dollar will sell off the rest of the year. That's great for gold as a hedge and with the fed taking a more measured approach rather than ultra hawkish...
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . COROMANDEL 1 hour : It has taken the liquidity from major high. *Wait for the opportunity in lower timeframe (5 min) and we could see downside movement. THANK YOU !!!!
I shared the current demand zone of the current bullish trend, if the script has to road a new ATH it will have to take support at the mentioned zone. Best Buy @ Rs. 3050/- Sl: 2965.65 Good Luck!!
Taking a look at the SPX Daily chart.🍿 We've drawn out 3 dip + rallies to illustrate that a 4th dip might be on the way. ⬇️ After being rejected at 4000, we can see the path down to 3300-3400 looks increasingly more likely. 📉 This combined with an expected/rumored earnings slump & lackluster Q4 for companies...🥶 We've also thrown on the US Equity Gaps...
Equity curve trading is not so hot topic these days, but there are traders who are profitable using it's techniques! I'm using EC trading to smooth my overall equity curve. These two blue line are calculated just like Ichi cloud lines but they use average of hl2 instead of median! In long-term 20 years back-tests breaking this kind of cloud reached a...
LO-opala rg Ltd Looks ready for breakout minor hurdle at 400 Above 400 Tgt 440 /480 Sl 358 Ask your financial advisor before taking any action based on my view Only for educational purposes
We are entering a long position in AAPL using option calls. There are many ways you can go long for this play, but we strongly feel AAPL will hit around $170, so a pure call is our play. For those who want a safer route we suggest either just getting the stock on spot, or enter into spread options. Our strike is $155 with a Dec. 16th expiration. Though we do...
Last August 27 I already gave the bearish scenario wherein the FED continues even into a recession. The downsides were 350, 320 & 280 IF SPY breaks below 400 & 380. Today, Friday, SPY seems to be doing an oversold bounce. So let us assume the contrarian role against the market’s extreme pessimism. What if the market sentiment changes & the market suddenly realizes...
SPXUSD Daily cautiously bearish. Recommended ratio: 10% SPX, 90% Cash. *Equities and Cryptos are getting smashed as DXY and US Treasuries rally higher. Quite simply this is a response to global recessionary fears (amplified by last week's disappointing global economic data) and a commitment by the Fed to continue FFR hikes for the rest of the year. It seems...
A big session ahead as we start to position for NFP and next weeks US CPI - good news seems to be good news for stocks, and bad news is good news too, as we see a weaker USD and further inverted yield curves' - an almost goldilocks scenario! Technically, the index is making all the right moves, and we see the momentum indicators favoring a test of the downtrend...
The Russell 2000 's drawdown from its peak has been important (-26%), but not as severe as those seen during the dot-com bubble in 2002, the 2008 financial crisis, and Covid-19 at the start of 2020, when the US small-cap index plummeted by more than 40%. To reverse the current downtrend of the Russell 2000 , the underlying causes must also be reversed, which...
SPX Daily neutral with a bearish bias. Recommended ratio: 35% SPX, 65% Cash. *Money markets continue struggling to find a bottom amidst high and rising global inflation. CPI report comes out tomorrow (07/13) at 830am (EST) , market consensus is around 8.8% (8.6%-8.9% range); if it comes in on the high end or higher, a sell-off will likely ensue. The next FOMC...
NASDAQ Market Forecast and Prediction for the rest of 2022 >>>Bullish Month in May driven by Oversold market conditions and Earnings? >>>Rejection coming at the 50/100 Daily SMA? >>>More elongated 2018/2019 correction pattern repeating? >>>Bullish Q3 & Q4 2022 ahead? Every investor should ask themselves, are we in store for the usually 20-30% correction? Or...
DMART sell below 3690 Tgt 3680,3670, 3650, 3630, 3615, 3600,3540 SL- 3730
COROMANDEL is trading now at very important zone. It is on double top on monthly basis and giving breakout on a daily & weekly basis. If it wants to go up, it will go up with momentum. If it wants to go up, it will go up with momentum. If it rejects then we have to understand that double-top play its role. COROMANDEL buy above 915 Target 920, 930, 935, 950
MCX is given breakout on a larger time frame. MCX buy above 1401, CMP 1431. Target-1448, 1467, 1485,115,1537 SL below 1321 or 1355. As MCX breakouts on smaller timeframe also, you can take position at CMP. If it falls till 1400, then accumulate in triangle pattern. After that wait for target or SL. Novice trader, please keep your position size small.
Trend Analysis is arguably the most important area of technical analysis and is key to determining the overall direction of a security. Trends are based on the principle of higher highs, higher lows (for an uptrend) and lower highs, lower lows (for a downtrend). Dr.Lal path lab is now in short term bullish mode in corrective wave pattern. and stands in Resistance...