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BITCOIN ON DAILY TIME FRAME THE ASCENDING TRENDLINE HELD PRICE FROMTHE DEMAND FLOOR MORE THAN 5 TOUCHES AND PRODUCED A STRONG REJECTION ON DOUBLE CONFLUENCE AT 103,300k-,BUYERS RETURNED AND RETESTED THE SAME ASCENDINGTRENDLINE AT 103,800K AND WE ARE SEEING A SMALL BUY POTENTIAL .
Technically we saw a rejection at 114,084.91 supply roof on the descending trendline connect the current all time high sell structure .on double confluence as illustrated on the chart we rejected 114,084.91 on the descending trendline and from the current price position we could be retesting 114,084-115,900 a make or break situation because we have a technical breakout of the descending trendline connecting the current all time high...this is a likely high case scenario for now.
if we reject this zone we sell and if we break out of structure we add more long position .
technical sell is on hold until we breakout of daily demand floor that provided the buy impetus at 103,300-103850 with 5 touches respected and as illustrated from our previous post.
layer by layer ,dont rush ,no oversight ,precision is big money in trading.
HISTORICAL CONTEXT /OVERVIEW AND APPLICATION OF BITCOIN
Bitcoin is a decentralized digital currency and the first cryptocurrency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. It operates on a peer-to-peer network using blockchain technology, which is a public ledger that records all transactions securely and transparently without the need for a central authority.
Key Features of Bitcoin
Decentralization: No central bank or government controls Bitcoin, making it resistant to censorship and centralized manipulation.
Limited Supply: Total supply is capped at 21 million bitcoins, which introduces scarcity and potential value appreciation over time.
Pseudonymity: Transactions are publicly recorded but can be conducted without revealing personal identities directly.
Security: Uses cryptographic proof and consensus mechanisms (Proof of Work) to secure transactions and prevent double-spending.
Divisibility: One bitcoin can be divided into 100 million smaller units called satoshis for microtransactions.
Use Cases
Store of Value: Often referred to as "digital gold," Bitcoin serves as a hedge against inflation and currency devaluation for many investors.
Medium of Exchange: Used for peer-to-peer payments, remittances, and merchants accepting it for goods and services.
Investment: Trading and holding Bitcoin as an asset for speculative gains or portfolio diversification.
Financial Inclusion: Provides access to financial services for the unbanked and underbanked populations.
Market Overview 2025
Bitcoin continues to hold the largest market capitalization among cryptocurrencies.
It experiences significant price volatility but has shown resilience through macroeconomic uncertainties.
Regulatory frameworks around Bitcoin vary globally, impacting adoption and market dynamics.
Increased institutional adoption, development of Bitcoin ETFs, and integration with traditional finance continue shaping its ecosystem.
#BTC #BITCOIN #BTCUSDT
Euro Coils Ahead of Fed / ECBEuro plummeted more than 3.1% from the yearly highs with price exhausting into technical support for the past three-weeks and the focus is on possible inflection into this zone with the medium-term risk still weighted to the downside while below the monthly open (1.1734).
Initial weekly support rests with the July low-week close (LWC) / 61.8% retracement of the July advance at 1.1586/93 and is backed by 1.1497-1.1505- a region defined by the March 2020 high, the 2022 high, and the 100% extension of the September decline. Look for a larger reaction there IF reached with a break / weekly close below needed to suggest a more significant high is in place / a larger correction is underway within the broader uptrend. Subsequent support objectives eyed at the Aril high close at 1.1394 with the next major technical consideration eyed at the 2024 high-week close (HWC) / 38.2% retracement of the yearly range at 1.1228/54.
Weekly resistance is eyed at the 1.1747/75- a region defined by the 2025 HWC, the June high-close, and the 61.8% retracement of the September decline. A breach / weekly close above this pivot zone is needed to mark resumption of the broader uptrend with key resistance steady at the 100% extension of the 2022 advance / 38.2% retracement of the broader 2008 decline at 1.1917-1.2020 (area of interest for possible exhaustion / price inflection IF reached. Subsequent resistance eyed at the 2021 HWC at 1.2218 in the event of a breakout.
Bottom line: Euro is trading just above support, and the focus is on inflection off this zone in the days ahead with a weekly close below needed to fuel the next leg of this pullback. From a trading standpoint, rallies should be limited to 1.1734 IF price is heading lower on this stretch with a close below 1.1497 needed to fuel the next leg of the decline.
-MB
GBPUSD- SHORT SWING ENTRY COMFRIMATION ON H1 USING ST modelPatiently waiting for a short comfirmation upon seeing price reacting off of the second DAILY FVG of the orderflow leg..
would love shorting GU instead of EU coz of currency relativity strength
GU happens to be weaker than Eu ideal for shorts
CBDCs as Digital AssetsIntroduction
In the rapidly evolving landscape of global finance, digitalization is redefining how value is created, stored, and exchanged. Among the most transformative innovations in this domain is the Central Bank Digital Currency (CBDC) — a digital form of sovereign money issued by a nation’s central bank. Unlike cryptocurrencies such as Bitcoin or Ethereum, CBDCs are centralized, fully regulated, and backed by the monetary authority of a country. As financial systems shift toward more digital and decentralized infrastructures, CBDCs are emerging not only as new payment tools but also as significant digital assets that may redefine global trade, investment, and monetary policy.
This essay explores the concept of CBDCs as digital assets, their structure, design models, global adoption trends, potential benefits, risks, and their future implications for economies and financial systems worldwide.
Understanding CBDCs: Concept and Structure
A Central Bank Digital Currency (CBDC) is a digital version of a country’s fiat currency, representing a direct liability of the central bank. It can be used by individuals, businesses, and financial institutions as a means of payment, store of value, and unit of account — the three fundamental functions of money. Unlike commercial bank deposits or cryptocurrencies, CBDCs are risk-free because they are backed by the full faith and credit of the issuing government.
CBDCs typically exist in two primary forms:
Retail CBDCs: Designed for public use, enabling citizens and businesses to conduct transactions directly with the central bank through digital wallets.
Example: The Bahamian Sand Dollar, Nigeria’s eNaira, and China’s e-CNY.
Wholesale CBDCs: Used primarily by financial institutions for interbank settlements, cross-border transfers, and clearing operations.
Example: Project Helvetia by the Swiss National Bank and Project Jura by the Banque de France.
As digital assets, CBDCs are tokenized representations of sovereign money that exist in digital form on a secure ledger — either centralized or distributed. They can integrate with blockchain technology or function on traditional centralized databases, depending on the design choice of the issuing central bank.
CBDCs vs. Cryptocurrencies and Stablecoins
To understand CBDCs as digital assets, it is essential to distinguish them from other digital currencies:
Cryptocurrencies (e.g., Bitcoin, Ethereum) are decentralized, not backed by any authority, and rely on market demand for valuation.
Stablecoins (e.g., USDT, USDC) are privately issued tokens pegged to fiat currencies but not directly guaranteed by central banks.
CBDCs, on the other hand, combine the trust and stability of fiat currencies with the efficiency and speed of digital technology.
This hybrid nature positions CBDCs as state-backed digital assets that can bridge the gap between traditional financial systems and the emerging digital economy.
The Economic Rationale Behind CBDCs
Central banks worldwide are exploring CBDCs for several economic and strategic reasons:
Enhancing Payment Efficiency:
Traditional payment systems, especially cross-border transactions, are slow and costly. CBDCs can streamline these processes by enabling real-time settlements and reducing dependency on intermediaries.
Financial Inclusion:
CBDCs can extend financial services to unbanked populations by allowing anyone with a mobile phone to access digital payment systems, especially in developing nations.
Maintaining Monetary Sovereignty:
The rapid rise of private digital currencies and foreign stablecoins poses a challenge to national monetary control. CBDCs enable central banks to retain authority over the money supply and ensure economic stability.
Reducing Transaction Costs:
With blockchain or distributed ledger technology (DLT), CBDCs can minimize clearing and settlement costs, promoting more transparent and efficient financial ecosystems.
Combating Illicit Activities:
Digital traceability enables better monitoring of transactions, helping authorities curb money laundering, tax evasion, and terrorism financing.
CBDCs as Digital Assets in Financial Markets
As digital assets, CBDCs possess unique attributes that can transform both domestic and international finance. Their programmable nature and compatibility with other tokenized assets open the door to new financial models and asset ecosystems.
1. Tokenization and Programmability
CBDCs can be programmed with smart contracts, enabling automated execution of financial transactions — such as interest payments, tax collection, or subsidy distribution — without intermediaries. This programmable feature turns CBDCs into intelligent digital assets capable of interacting with decentralized finance (DeFi) systems, digital bonds, and other tokenized securities.
2. Integration with Digital Asset Markets
CBDCs can serve as the foundation layer for broader digital asset ecosystems. They can facilitate instant settlement of tokenized assets, streamline securities trading, and enhance liquidity management. For example, central banks could use wholesale CBDCs to settle government bond trades in real time, reducing counterparty risks.
3. Cross-Border Payments
In global trade, CBDCs could eliminate the inefficiencies of correspondent banking. Multi-CBDC arrangements, such as the mBridge project (involving Hong Kong, China, Thailand, and the UAE), are testing platforms where multiple CBDCs interact seamlessly. This could create a new class of digital reserve assets, enabling faster, cheaper, and more transparent cross-border settlements.
Global Adoption and Case Studies
Central banks across more than 130 countries — representing over 98% of global GDP — are exploring or piloting CBDC initiatives. Some notable examples include:
China (Digital Yuan / e-CNY):
The People’s Bank of China has been a pioneer in retail CBDCs, using the e-CNY for domestic transactions, public salaries, and pilot programs in major cities.
European Union (Digital Euro):
The European Central Bank aims to launch a digital euro to complement physical cash, ensuring privacy, security, and monetary stability in the Eurozone.
India (Digital Rupee / e₹):
The Reserve Bank of India launched pilot programs for wholesale and retail CBDCs in 2022, exploring use cases in interbank settlements, government payments, and retail transactions.
United States (Digital Dollar):
The Federal Reserve is researching potential frameworks for a digital dollar, emphasizing privacy, interoperability, and financial stability.
Bahamas (Sand Dollar):
The world’s first fully deployed retail CBDC, launched in 2020, aimed at improving financial inclusion across remote islands.
These global experiments highlight CBDCs’ potential as national digital assets that could reshape the structure of global payments and reserves.
Benefits of CBDCs as Digital Assets
Trust and Stability:
Being issued by central banks, CBDCs are backed by government guarantees, making them a more stable form of digital money compared to volatile cryptocurrencies.
Interoperability:
CBDCs can act as a universal settlement asset across various financial systems, improving coordination between banks, fintechs, and digital platforms.
Transparency and Traceability:
Digital ledgers enable authorities to monitor money flows in real time, enhancing fiscal transparency and reducing corruption.
Resilience and Innovation:
By introducing programmable features, CBDCs foster innovation in payment systems, encouraging new fintech products and digital services.
Cost Reduction:
The elimination of intermediaries lowers transaction fees and settlement times, particularly in international trade and remittances.
Support for Digital Transformation:
CBDCs align with broader trends toward digital economies, e-governance, and data-driven policy-making.
Risks and Challenges
While CBDCs offer vast potential, they also introduce new complexities and risks that central banks must manage carefully.
1. Privacy Concerns
CBDCs could enable governments to track every transaction, raising concerns about surveillance and data privacy. Designing systems that balance transparency with anonymity is critical.
2. Cybersecurity Risks
As digital assets, CBDCs are vulnerable to cyberattacks, data breaches, and technological failures. Ensuring secure, resilient, and tamper-proof systems is essential.
3. Financial Disintermediation
If individuals hold CBDCs directly with central banks, it may reduce the role of commercial banks in deposit-taking, potentially destabilizing credit markets.
4. Technological Inequality
Not all citizens have equal access to digital infrastructure. Poor connectivity and lack of digital literacy could limit CBDC adoption.
5. Global Fragmentation
Different technological standards and regulatory frameworks across nations could create fragmented CBDC ecosystems, hindering cross-border interoperability.
6. Monetary Policy Complexity
Introducing programmable money could complicate the transmission of monetary policy and raise new questions about interest rates on digital assets.
CBDCs and the Future of Monetary Policy
CBDCs provide central banks with new tools for implementing and monitoring monetary policy. For instance:
Direct Stimulus Distribution: Governments could issue programmable CBDCs for targeted economic aid, ensuring efficient and transparent delivery.
Interest-bearing CBDCs: Central banks could adjust interest rates directly on CBDC holdings, influencing spending and saving behavior more precisely.
Real-time Economic Data: Digital transaction data could provide policymakers with real-time insights into economic activity, enabling faster responses to inflation or recession.
However, this also raises concerns about excessive control and the need for robust governance frameworks to prevent misuse of power.
CBDCs and the Digital Asset Ecosystem
The emergence of CBDCs is not occurring in isolation. They are expected to interact with other components of the digital asset ecosystem, including:
Tokenized securities and commodities
Decentralized finance (DeFi) protocols
Blockchain-based identity systems
Digital wallets and payment gateways
By enabling secure settlement and universal interoperability, CBDCs could become the anchor of the global digital asset infrastructure — ensuring stability in a marketplace otherwise characterized by volatility and fragmentation.
The Future Outlook
The evolution of CBDCs represents more than a technological upgrade — it signifies a shift in the philosophy of money. As digital assets, CBDCs have the potential to transform the global financial order by:
Redefining the role of central banks in the digital economy
Enhancing global financial inclusion and efficiency
Introducing programmable, transparent, and instantaneous financial systems
In the coming decade, the success of CBDCs will depend on how well central banks address privacy, security, interoperability, and governance challenges while ensuring public trust and economic stability.
Conclusion
CBDCs, as digital assets, stand at the intersection of technology, economics, and policy. They combine the reliability of state-backed money with the innovation of blockchain and digital finance. By doing so, they promise to modernize financial systems, expand inclusion, and strengthen monetary sovereignty. Yet, their implementation requires careful balancing between innovation and regulation, privacy and oversight, and efficiency and stability.
Ultimately, CBDCs are more than just a new form of currency — they are the next evolution of money in the digital era. As nations continue experimenting and refining their models, CBDCs will likely play a pivotal role in shaping the future of the global financial system — transforming how we perceive, use, and store value in an increasingly digital world.
Derivatives Are Powerful in the Global MarketIntroduction
In the vast and intricate world of finance, derivatives stand out as some of the most powerful and influential instruments driving global markets. These complex financial contracts derive their value from the performance of underlying assets such as stocks, bonds, commodities, interest rates, currencies, or market indices. Over the past few decades, derivatives have transformed the global financial landscape, enabling investors, corporations, and governments to manage risk, enhance returns, and access new opportunities. However, their complexity and leverage potential have also made them subjects of controversy, as they can amplify both gains and losses. This essay explores the nature of derivatives, their types, their importance in the global market, and how they influence international trade, investment, and financial stability.
Understanding Derivatives
The term derivative originates from the word “derive,” meaning that the instrument’s value is dependent on something else. In essence, a derivative is a financial contract whose value is based on the price of an underlying asset. Derivatives are typically used for three main purposes: hedging, speculation, and arbitrage.
Hedging:
Hedgers use derivatives to reduce or eliminate the risk of price fluctuations in the underlying asset. For example, a wheat farmer might use futures contracts to lock in the selling price of wheat months before the harvest, ensuring income stability despite potential market volatility.
Speculation:
Speculators, on the other hand, use derivatives to profit from expected changes in the market value of the underlying asset. They do not necessarily own the asset but anticipate price movements to gain from them.
Arbitrage:
Arbitrageurs use derivatives to profit from price discrepancies between markets or instruments. They buy in one market and sell in another to take advantage of temporary inefficiencies.
Types of Derivatives
Derivatives can be traded either on exchanges (standardized and regulated) or over-the-counter (OTC) (customized and privately negotiated). The four main types of derivatives are:
Futures Contracts:
Futures are standardized agreements to buy or sell an asset at a predetermined price on a specific date in the future. They are widely used for commodities like oil, gold, and agricultural products, as well as for financial assets.
Forward Contracts:
Forwards are similar to futures but are privately negotiated between two parties and not traded on an exchange. They are customizable in terms of quantity, price, and settlement date.
Options Contracts:
Options give the holder the right, but not the obligation, to buy (call option) or sell (put option) an underlying asset at a predetermined price before or on a certain date. They are powerful tools for both hedging and speculative strategies.
Swaps:
Swaps involve the exchange of cash flows between two parties, often based on different financial instruments. The most common types are interest rate swaps, currency swaps, and credit default swaps (CDS).
Growth of the Global Derivatives Market
The global derivatives market has grown exponentially since the 1980s. Today, it represents a notional value of hundreds of trillions of dollars, making it one of the largest components of the financial system. The expansion has been driven by globalization, technological innovation, financial liberalization, and the growing need for risk management tools among corporations and investors.
According to data from the Bank for International Settlements (BIS), the notional amount of OTC derivatives alone exceeds $600 trillion. Exchange-traded derivatives (ETDs) are also massive, with daily volumes in futures and options numbering in the millions. This growth reflects the increasing reliance of global market participants on derivatives to manage exposure to interest rates, currencies, commodities, and equity prices.
Derivatives as Tools for Risk Management
One of the most significant contributions of derivatives to the global market is risk management. Businesses and investors face various forms of risk—price, interest rate, credit, and currency risk—that can affect profitability and stability. Derivatives provide mechanisms to transfer or mitigate these risks.
Currency Risk:
Multinational corporations use currency forwards and swaps to hedge against fluctuations in foreign exchange rates. For example, an Indian exporter earning in U.S. dollars can use derivatives to lock in exchange rates and protect revenue from depreciation of the dollar.
Interest Rate Risk:
Banks and companies use interest rate swaps to manage exposure to changing interest rates. By exchanging fixed-rate and floating-rate payments, they can stabilize financing costs or returns.
Commodity Price Risk:
Producers and consumers of commodities use futures contracts to secure prices. Airlines, for example, use oil futures to hedge against rising fuel prices, ensuring predictable operating costs.
Through these mechanisms, derivatives contribute to financial stability by providing certainty and predictability in cash flows, even in volatile environments.
Enhancing Liquidity and Market Efficiency
Derivatives play a vital role in improving market liquidity and efficiency. By enabling investors to take positions without directly trading the underlying asset, derivatives increase the depth of the market. For instance, stock index futures and options allow investors to gain or hedge exposure to entire markets without trading individual stocks. This efficiency attracts institutional investors and promotes active participation across global exchanges.
Moreover, derivatives markets facilitate price discovery—the process of determining the fair value of an asset. The continuous trading of futures and options reflects the collective expectations of market participants about future price movements. This helps align prices across markets and reduces information asymmetry.
Speculation and Profit Opportunities
While derivatives are often used for hedging, they are equally attractive to speculators seeking to profit from market volatility. The leverage embedded in derivatives allows traders to control large positions with relatively small capital. For instance, buying an option requires only a fraction of the cost of the underlying asset, but potential profits (and losses) can be substantial.
Speculative trading, when done responsibly, enhances market liquidity and efficiency. Speculators absorb risk from hedgers, providing them with the counterparties necessary for risk transfer. However, excessive speculation can lead to bubbles or destabilizing volatility, as witnessed during the 2008 global financial crisis.
Derivatives in Global Financial Integration
Derivatives are at the heart of global financial integration. They connect markets across continents and allow capital to flow more freely. Through currency and interest rate swaps, international investors can manage cross-border risks and invest in foreign markets with confidence.
Global corporations rely on derivatives to operate efficiently in multiple countries. For example, a U.S.-based company investing in European projects might use currency forwards to hedge euro exposure, while using interest rate swaps to adjust financing costs in line with U.S. benchmarks. This interconnected web of derivative transactions supports global trade and investment, making derivatives indispensable to modern globalization.
Derivatives and the 2008 Financial Crisis
Despite their benefits, derivatives have also been associated with systemic risks. The 2008 financial crisis exposed the darker side of derivative misuse, particularly in the credit derivatives market. Instruments like credit default swaps (CDS) were used to insure against default risk on mortgage-backed securities. However, the complexity and opacity of these products led to massive losses when underlying assets (subprime mortgages) collapsed.
Institutions like Lehman Brothers and AIG faced devastating losses due to excessive exposure and inadequate risk management. The crisis revealed the dangers of leverage, interconnectedness, and lack of transparency in OTC derivatives markets.
In response, regulators introduced reforms such as central clearinghouses, higher capital requirements, and reporting obligations to enhance oversight and reduce systemic risk. These measures have made today’s derivatives markets more transparent and resilient.
Technological Advancements and Derivatives Trading
Technology has revolutionized the way derivatives are traded globally. The rise of electronic trading platforms, algorithmic trading, and blockchain technology has enhanced speed, transparency, and efficiency in derivatives markets. Exchange-traded derivatives are now accessible to a broader range of participants, from institutional investors to retail traders.
Moreover, the introduction of financial derivatives based on new asset classes—such as cryptocurrencies, carbon credits, and volatility indices—has expanded the frontier of derivative innovation. For instance, Bitcoin futures and options have allowed institutional investors to manage crypto exposure while maintaining compliance with regulatory standards.
Derivatives and Emerging Markets
In emerging economies like India, China, and Brazil, derivatives markets have become critical components of financial development. They offer mechanisms for managing currency volatility, commodity prices, and interest rate fluctuations—issues that are often more pronounced in developing nations.
India’s National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have developed vibrant derivatives markets, particularly in index futures and options. These instruments attract global investors and contribute to capital market growth, making emerging markets more integrated into the global financial ecosystem.
Challenges and Risks in the Derivatives Market
Despite their power, derivatives come with inherent risks that must be carefully managed:
Leverage Risk:
Small changes in the price of the underlying asset can result in large gains or losses due to leverage.
Counterparty Risk:
In OTC markets, the risk that one party defaults on the contract can lead to cascading failures.
Liquidity Risk:
In times of market stress, derivative positions may become difficult to unwind, leading to forced losses.
Complexity:
Some derivatives are highly complex and difficult to value, making them prone to misuse.
Systemic Risk:
The interconnected nature of derivatives markets can transmit shocks across institutions and borders, threatening global financial stability.
Regulation, transparency, and proper risk management are therefore essential to harnessing the benefits of derivatives without endangering the system.
The Future of Derivatives in the Global Market
Looking ahead, derivatives are likely to play an even greater role in shaping the future of finance. The rise of environmental, social, and governance (ESG) investing has led to new forms of derivatives such as carbon emission futures and climate swaps, designed to manage sustainability-related risks. Likewise, AI-driven analytics and machine learning models are being used to optimize derivative pricing, risk management, and trading strategies.
As the global economy becomes increasingly interconnected and digitized, derivatives will continue to serve as vital tools for managing uncertainty, improving liquidity, and enhancing market efficiency.
Conclusion
Derivatives are undeniably powerful instruments in the global market. They enable participants to manage risk, speculate efficiently, and facilitate cross-border capital flows. By enhancing liquidity, supporting price discovery, and integrating global markets, derivatives have become indispensable to modern finance. Yet, their power demands responsibility; misuse can have catastrophic consequences, as history has shown.
With sound regulation, technological innovation, and prudent risk management, derivatives can continue to drive global financial progress—empowering businesses, investors, and economies to navigate the complex landscape of the 21st-century marketplace with greater stability and precision.
CHOLAFIN Breaking out of the ascending Triangle*CHOLAFIN* is breaking out of Ascending triangle and can be accumulated for Yearly investment. CMP 1733. Ideal entry 1650. Can be accumulated till 1550 if market reverses due to bad global relationships. *Target* 2295+ *Duration* Dec 2026
*Stoploss* 1400
GOLD - Range Bound TradingFRVP has been drawn from 0300 Hrs PST on Thursday 23 Oct 2025 till 0300 Hrs on Friday 24 Oct 2025. This is done to identify POC. The center black line is POC. The price will always come back to test POC till it is range bound in box.
Therefore, for day trading just place a Buy order at bottom of box or sell order at top of box.
Trade Plan 1:
Sell Limit : 4146
SL: 4165
TP: 4115
Buy Limit: 4060
SL: 4040
TP: 4115
If Price goes above 4165 then Buy Stop order should be executed with SL at 4140. Then TP can be expected at previous ATH.
Support Tested, Breakout PendingBitcoin is holding the key support zone around 111,500. As long as this level remains intact, the setup stays constructive. The decisive area lies above 114,000, where a breakout could trigger the next upward trend. The MACD has shown a bullish cross, which can be seen as early momentum, but in sideways phases such signals often turn into false alarms. Only a clear move above 114,000 would confirm the bullish case, while a break below support would invalidate it.
Positional setup + fundamentals overview for SCIFundamentals
Market cap approx ~ ₹10,200 Cr.
Revenue ~ ₹5,408 Cr and Profit ~ ₹906 Cr.
5-year sales growth modest at ~4.8%.
Return on Equity (ROE) ~ ~10% over recent years.
Contingent liabilities are high (~₹4,300 Cr).
Debt/equity relatively moderate (≈0.33×) per one source.
Valuation: P/E around ~11-14× in some reports.
Key takeaway: SCI has stable business size, moderate returns. But growth is slow and there are risks (high contingent liabilities, moderate ROE). Valuation is reasonable to slightly discounted in some view, but not ultra-cheap given growth constraints.
📈 Technical / Positional Setup
Based on the weekly chart you shared:
Price recently had a strong weekly move upward, clearing what appears to be a breakout above prior resistance (~ ₹240-₹250 zone).
Support zone appears around ~ ₹230-₹240 (previous consolidation and EMA zones).
Next resistance appears near ~ ₹290-₹300 region (based on old highs).
Trend seems to be turning bullish, provided price holds above breakout level and volume supports.
Trade Plan:
Parameter Suggested Level / Zone
Entry On sustained closing above ~ ₹270-₹280 with volume confirmation
Stop-Loss Below ~ ₹230-₹240 (support zone)
Target 1 ~ ₹310-₹330
Target 2 ~ ₹350+ (if momentum strong)
If the price pulls back to the breakout zone (~₹240-₹250) and holds, that could be a safer entry point.
Watch volume: a strong breakout with high volume increases reliability.
Because fundamentals are moderate (growth slow), this is more of a tactical / positional trade rather than a long-term growth play.
Nikkei 225 is showing an extreme bullish biasThe Nikkei 225 is showing an extreme bullish bias on the daily chart, coiling within a clear Bullish Wedge/Triangle pattern, indicating an impending major upside breakout.
Parameter Level:-
Entry Confirm close above 49510
Target (T1) -50,380
Stop-Loss (SL) - 49233
Reason : The pattern is consolidating after an uptrend, suggesting momentum is being built for a powerful continuation. A confirmed break above the upper trendline signals activation. Trade the confirmed breakout for explosive upside potential toward the \mathbf{50,380} target.
What next?So by the technycal, xauusd stay on the consolitdation or sideaways, let say he is in confusing. Now, its time for us to makesure where he is going now? its simple guys, if the chart breakout the support, the act is sell and if the chart breakout the resist, the act is buy. but i will be happy if the chart show the bearish. because its our time to hit the market like the sept before.
VIRTUALUSDT near 1$ critical zone any breakout cause huge pump The price is currently approaching a significant technical confluence, testing both the upper boundary of its prevailing channel and the key psychological resistance at $1.00. A decisive breakout above this combined resistance zone would signal a substantial shift in market structure and momentum. In such a scenario, we would anticipate a strong bullish impulse, with an initial projected target zone beginning above $2.00.
Conversely, should the price face sustained rejection from this critical resistance area, it would indicate a failure to overcome selling pressure. This could invalidate the near-term bullish outlook and potentially trigger a significant corrective move. In the long-term, such a development could see the price decline toward the $0.20 support level.
DISCLAIMER: ((trade based on your own decision))
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EURJPY: Pullback or Pause? Eye 178.40 as Yen Stays DefensiveEURJPY has pulled back after hitting fresh highs near 178, but the underlying momentum still favors the euro. With the Bank of Japan maintaining its ultra-loose stance while the ECB holds rates high, the policy divergence continues to support upside pressure. As long as buyers defend the 175–176 zone, the pair looks set to resume its push toward the 178.40 region.
Current Bias
Bullish – Recent dip is corrective, not a full reversal, while fundamentals favor further euro strength over yen.
Key Fundamental Drivers
ECB Policy: Rates remain elevated, with officials stressing caution on premature cuts. This supports the euro.
BOJ Policy: Despite rising Japanese yields, the BOJ is still dovish compared to peers, leaving JPY weaker.
Risk Sentiment: Political risk in Europe tempers gains slightly, but yen safe-haven demand has been muted.
Macro Context
Interest Rate Expectations: ECB is expected to keep rates restrictive longer than the BOJ, reinforcing policy divergence.
Economic Growth Trends: Eurozone growth is sluggish but inflation concerns keep policy tight; Japan is facing rising wage expectations but not enough to force the BOJ into tightening aggressively.
Commodity & Trade Flows: Stronger European trade resilience supports EUR, while JPY continues to weaken with capital outflows tied to low yields.
Geopolitical Themes: Political risks in Europe (French fiscal strains, EU cohesion) are factors, but global macro risk still weighs more on JPY than EUR.
Primary Risk to the Trend
If BOJ signals a surprise tightening or wage growth accelerates more than expected, the yen could stage a sharp rebound.
Most Critical Upcoming News/Event
ECB speeches and Eurozone PMIs – signals on inflation and growth will guide EUR.
BOJ rhetoric – any policy shift hint could shock the market.
Leader/Lagger Dynamics
EURJPY acts as a leader in cross-yen moves, often setting the tone for GBPJPY and AUDJPY. It reflects global risk appetite and monetary divergence, making it a benchmark pair for yen crosses.
Key Levels
Support Levels:
175.10
173.70
Resistance Levels:
176.45
178.40
Stop Loss (SL): 173.70
Take Profit (TP): 178.40
Summary: Bias and Watchpoints
EURJPY remains bullish, with the current pullback offering a potential entry zone if support near 175.10 holds. Policy divergence between the ECB and BOJ continues to drive upside bias. A stop loss sits at 173.70 to protect against deeper reversals, while take profit is targeted at 178.40. Watch ECB communications and BOJ rhetoric closely, as either could provide the catalyst for the next leg of movement.






















