MARUTI - TRENDLINE SUPPORT to BREAKOUT with RISK:REWARD=1:10MARUTI Looks overall bullish and following the trendline perfectly.
MARUTI is holding the above trendline from May 2021. Today, it retouched the trendline and bounced back hard.
Above 7350, It can reach to 7650 quickly and easily.
The risk level is 7150.
One can enter the trade today at 7190 with Target= 7650 and Stop Loss= 7150 for almost 400 points with risk of 40 points. Risk/Reward ratio = 1:10 i.e., If you can risk one lakh rupees, there is high chance you may get 10 lakh rupees.
My personal Trade:
Entered MARUTI JUL 7400 calls at 27.00
For safe traders,
MARUTI AUG 7400 calls as swing trade.
DISCLAIMER: ALL POSTS ARE EDUCATIONAL PURPOSES.WE ARE NOT RESPONSIBLE FOR UR PROFIT/LOSS
Sector
Sunday Prep 7/25 - $PSX ShortHmmm, now where have I seen this name before? Oh, that’s right! It was from our sector analysis earlier where we identified the relative weakness. With an ATR of 2.6, any hard pop back into the 200d should offer a nice opp for a fade. Would even consider leaving room to add at the quarterly pivot at 75.32.
TV chart link:
ENG Swing Ahead of August Earnings!I am considering current theme of oil tickers with industrial, multiple pipeline incidents in recent history including most recent ocean on fire incident. ENG looks good from a technical perspective getting a falling wedge breakout on the 1 year 1 day with volume! check out the support and resistance levels and ask if risk reward is good for you. Do not trade based on these charts make your own plan. Current price 3.23.
SCHH: Possible 20% GrowthSchwab's real estate (RE) ETF SCHH, (1) looks poised for at least 20% growth to reach its pre-Covid inflation-adjusted status, shown in the lower BLUE trend. Because M2 has been so extremely inflated post-Covid, (2) you really have to control for its expected distortion of equity prices. The GOLD-colored trend is SCHH unadjusted. There aren't too many unfinished post-Covid climbs still out there, but this looks to be one of them. RE equities could go higher still due to unleashing of pent-up demand and a rush to increase RE inventory. That demand is likely to remain pent-up to some degree for some time as building-material supplies struggle to reach equilibrium with demand over the next year, during which high RE prices may dampen buyer enthusiasm. Given that bottleneck, a dip in RE equity prices could be around the corner, offering a buying opportunity. My sense is RE could be a solid hold for a few years.
(1) www.schwabassetmanagement.com See also Vanguard's RE ETF @ investor.vanguard.com and XLRE @ www.sectorspdr.com . Imo, SCHH looks better, and appears to have more upward Covid-recovery room too. But the RE ETFs are mostly similar.
(2) fred.stlouisfed.org
$TAN $SOL etc long term come back?Hello,
The solar sector as seen by $TAN appears to be ready to stage a come back. Money has started to flow into the sector as seen on the CMF and is displaying bullish behavior. On book volume has crossed the average and appears to be showing accumulation of solar stocks. Momentum is returning to this sector. Over the summer months Jun-August we will probably see a solar come back. My favorites for this are
$JKS $TAN $SOL and $FSLR
Best of luck. As always, I am not responsible for your trades. Control your risk. I am not responsible for your profit or loss. I only provide ideas.
ASX:XMM - Keep a close watch on sector and companiesASX:XMM - Keep a close watch on sector and companies
~The sector is in an uptrend after making a bottom in Jan 2016
~the previous high was made in Nov 2008
~after a gap of close of 13-14 years sector has come to the limelight.
~Strong global demand
~China demand for minerals
~ Global infrastructure post-COVID-19 - Govt push
~DON't forget over 50% of the consumption of iron ore is from infrastructure
~Iron ore consumption worldwide increasing steadily
~ ASX listed companies in my watch list.
1. $BSL
2. $CHN
3. $DEG
4. $ILU
Trend analysis
Fundamental analysis
Beyond technical analysis
Uranium Play URCCFLast week we hit the 56 weekly bar. This week should be interesting to see if we continue higher, pause, or correction
$MOXC entry PTs 4.31-4.45 Target PTs 7.40-9Moxian, Inc. operates a social network platform that integrates social media and business into a single platform in China. The company's products and services focuses on creating interaction between users and merchant clients by allowing merchant clients to study consumer behavior. It serves small and medium sized enterprises. The company was formerly known as Moxian China, Inc. and changed its name to Moxian, Inc. in July 2015. Moxian, Inc. was founded in 2010 and is based in Hong Kong, Hong Kong.
Before IndicatorsI don't really publish but I do get a lot of messages/questions about how to trade successfully.
The most common question that I get is "what indicator do you use?" or "what is your trading strategy?"
So, I decided to answer these questions in this article.
I believe those questions are actually the wrong questions to ask and therefore, you will get a dis-satisfactory answer 9 times out of 10.
I think the write question would be "how do I know where the money is?"
Once you know where the money is, you can than use the indicators to make an investment decision.
I always tell people:
"Securities (stocks) are within the sector, the sector is within the index and nobody beats the index."
It maybe confusing to you but to explain in brief, the institutional investors invest in a sector rather than one security.
Let's take a look.
NASDAQ:CELS
chart for Nasdaq Clean Edge Green Energy
Then compare to ENPH (solar panels)
NASDAQ:ENPH
Also, BLDP (fuel cells for electric vehicles - clean energy)
NASDAQ:BLDP
What do you see? Any similarities? I have more examples but I would think you would get the idea.
Korean Market examples: please look at the low of 2020.10.27 - though you get minute differences of the chart appearance, I think you get the idea.
KRX:089980
KRX:247540
KRX:336370
When you compare these charts, what do you see?
Personally, before I use any candles, moving averages, or any other lines or indicators that people ask me about, I look for accumulation within a sector.
Then I pick the security that I want to trade in....
I hope that helps!
PS. I started trading ENPH and BLDP on April 3rd 2020. Went long...swing trading within the long investment and made a full exit of both investments on the 10th of Feb. 2021.