Entry #198 above SL #174 WCB Target 300+ Based on the latest financial data for Ashoka Buildcon Ltd from Q3 FY24, here are some key points: 1. **Revenue Growth**: The company saw a significant increase in revenue, growing by 35.83% compared to the same quarter last year, demonstrating strong sales performance. 2. **Profitability Concerns**: Despite the increase...
Gold experienced a strong bearish impulse yesterday, intensifying the selling pressure following the release of the FOMC minutes. This downward movement persisted well beyond the initial reaction to the news. Today, the price has reached a significant demand area, presenting a potential buying opportunity at a discounted price. The current price level is below the...
1. Behavior, abbreviation EMA35 test and Horizontal Line 2. The stock chart is stronger than the INDEX 3. Operating results grow in the second half of 2023 after partnering with allies, allowing sales to grow rapidly.
The Bitcoin etf Basically doubled the price of #BTC from the lows post etf trading to our recent peak in March A similar outcome and performance for Ethereum Would send #ETH to the 1.618 Fib extension This would be epic for altcoins, memecoins and DEFI what do you think do you agree?
Fundamentals are good, Nice pullback is seen after a long consolidation...
Platinum is entering a seasonal period typically characterized by bearish sentiment, as observed consistently over the past 15 years during this time of year. This historical pattern suggests a tendency for the metal's price to decline during this period. From a technical analysis standpoint, the price is currently retesting the supply area, which coincides with...
After appreciating over 28% in the past month-and-a-half, copper price slumped overnight. Increased media attention to the rally in copper prices led to the inevitable profit-taking on Wednesday, causing the metal to shed over 5%. The pullback has attracted some buyers to restock at lower prices, but many have stayed on the sidelines waiting for further declines....
BINANCE:BTCUSD , after a shake-up (False Breakout), relative to the liquidity zone of 59-60K, is forming a bullish impulse, which is also favorably influenced by fundamental reasons On the local timeframe there are signs of the end of the locational correction and the beginning of the formation of the third wave. The bullish trend is starting to revive, but...
Technicals 1. We have been stuck in a range on a higher time frame for quite some time now. 2. On a higher time frame we failed to confirm a break-up from a trendline dating back to March 2022, which was the COVID-19 highs. A failed break-up of this mega trendline is normally a sign of big reversal or retracement. & we did just that ;-) question is, is this a...
💎Paradisers, #UNI is indeed a coin worth monitoring closely. 💎 UNI has successfully broken out of the reaccumulation resistance, signaling bullish momentum for further upward movement. The current price has yet to retest the support level, previously a resistance, around the 8.27 area. 💎 However, if UNI manages to break above the supply area directly without...
Core Issues: * J&J faces numerous lawsuits alleging its talc products contain asbestos and cause cancer. * The company's utilization of a "Texas two-step" bankruptcy strategy to shield assets from litigation has drawn accusations of fraud. Recent Developments: * Cancer victims filed a class action lawsuit on May 22nd, 2024, alleging J&J's fraudulent use of...
Three days ago, we witnessed gold hitting all-time highs. This development was anticipated due to several key economic indicators. Firstly, we observed inflation starting to ease, with the Consumer Price Index (CPI) showing a slight decrease after a period of three months where core inflation had either eased or shown signs of increasing. The latest CPI data...
Manta Network (MANTA) is currently trading around $2.00, making it a notable player in the privacy-focused blockchain space. Manta Network aims to provide privacy-preserving transactions using zk-SNARKs technology, ensuring users' data security and confidentiality on the blockchain. Start building a position at the current market price of around $1.70. This level...
The Euro-dollar pair is trying to halt its three-day losing streak, hovering around the 1.08200 mark during the Asian session on Thursday. The strengthening of the Euro against the US Dollar (USD) can be attributed to the latter's corrective movement. Investors are likely to await the Purchasing Managers' Index (PMI) data from the eurozone and Germany before...
Agarwal Industrial Corporation Ltd (AGARIND) is a diversified industrial conglomerate primarily engaged in the manufacturing and trading of petrochemicals, logistics of bitumen and liquefied Petroleum Gas, and energy generation through Wind Mills. Let's dive into the company's financial performance and technical analysis to assess its investment potential. ...
1. SILVER Technical: COT Report: 05/14/24 - we received the highest net positions of the 26 week at -81,422 Key Drivers of Silver Demand: Fundamentals Semiconductors: Silver's conductivity makes it essential in semiconductor chips, printed circuit boards, CPUs, and mobile phones. The global semiconductor shortage has highlighted silver’s irreplaceability in...
The latest minutes had more hawkish undertones than the market was expecting. "Participants at the meeting assessed it would take longer than previously anticipated to gain greater confidence in inflation moving sustainably to 2%." "Various participants mentioned willingness to tighten policy further should risks to outlook materialize and make such action...
The latest minutes had more hawkish undertones than the market was expecting. "Participants at the meeting assessed it would take longer than previously anticipated to gain greater confidence in inflation moving sustainably to 2%." "Various participants mentioned willingness to tighten policy further should risks to outlook materialize and make such action...