If you haven`t bought DIS Disney calls here: Then analyzing the options chain of DIS Disney prior to the earnings report this week, I would consider purchasing the 95usd strike price Puts with an expiration date of 2023-9-15, for a premium of approximately $4.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
This stock looks strong on all D,W, & M TFs. It has attempted today for a new high but got rejected. New Life Time High may be created by a Gap up tomorrow. Good stock for medium to Long Term. Are we going to see this soon?
CMP 3400 Sell below Below 3345 SL 3400 RSI divergence showing on charts
Short 1870 SL 1890 Target 1850/1800 Looks weak unless 1890/1900 is crossed.
BLACKROCK - 30d expiry - We look to Sell a break of 618.88 (stop at 645.88) Intraday signals are bearish. Price action is forming a bearish flag which has a bias to break to the downside. 620 has been pivotal. A break of the recent low at 620 should result in a further move lower. This stock has recently been in the news headlines. Short term momentum is...
Bristol-Myers Squibb Co - 30d expiry - We look to Buy a break of 71.21 (stop at 68.61) Prices have reacted from 65.28. 65.28 has been pivotal. Posted a Double Top formation. 71.07 has been pivotal. A break of the recent high at 71.07 should result in a further move higher. This stock has seen good sales growth. Our profit targets will be 77.71 and 78.71...
My favorite "Necklace Pattern" is getting unfolded in "KECL" on monthly Time Frame. In fact, this Kirloskar Group is seriously re-vamping all its group companies & it's evident in their charts as well! Referring Monthly TF on BSE Chart since NSE has limited data to study for this scrip. Cheers!
#S&P500 strong resistance area 4200. 1st May daily key reversal bar made a new high closed on the low indication for weakness ahead. 4155 ideal selling level. target 4010. stop loss above 4200.
NYSE:ACN Long NYSE:ACN is in a clear downtrend since the high in December 2021. We have a level of support at ~ 254.00 which often got confirmed. The plan should be to trade the support level with a limit order. The take profit isn't that far away because of the fact we are in a downtrend. Limit Order: 257,28 Stop Loss: 252,20 Take Profit: 265,04
PayPal - 30d expiry - We look to Buy at 69.11 (stop at 65.31) Levels below 69 continue to attract buyers. 67.58 has been pivotal. 66.39 has been pivotal. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. This stock has seen good sales growth. Our profit targets will be 78.51 and 80.51...
Kinder Morgan - 30d expiry - We look to Buy at 16.11 (stop at 15.44) 16 continues to hold back the bears. 16 has been pivotal. Dips continue to attract buyers. We are trading at oversold extremes. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. Our profit targets will be 17.77 and...
Tesla shares closed down 7.6% to $204.99 on Friday, taking its market capitalization to $642 billion. The decline has now sliced in half the stock’s Nov. 4 record closing high of $409.97 150-160 is a great demand and buy zone for tesla and 180$ is good time for taking long positions for short term I start shorting at 300$ after Elon decided to sell 6.9 billion...
UBER had a massive price jump yesterday after the upbeat earnings and is approaching Resistance 1 (37.50), which rejected the February 08 High. That was the last Higher High of the Channel Up pattern that started after the June 30 bottom. We expect this trend to continue for a new Higher High at 39.00. If we get a 1D candle close above the Channel Up, then we...
Dropbox - 24h expiry - We look to Sell at 22.14 (stop at 22.94) Expect trading to remain mixed and volatile. Previous support at 22.00 now becomes resistance. The medium term bias is neutral. 22.33 has been pivotal. Preferred trade is to sell into rallies. Price action has resulted in a bearish candle after the previous swing high found selling interest at...
NIFTY50 Chart Analysis: Head & Shoulder Pattern in HTF Points to Possible Downside Move As of May 2, 2023, the ₹NIFTY is currently trading at ₹18150. However, a chart analysis of the higher time frame (HTF), particularly the 3-day and weekly charts, shows a head and shoulder (H&S) pattern forming, which could indicate a potential downside move soon. Left...
Salesforce - 30d expiry - We look to Buy at 192.32 (stop at 184.98) The primary trend remains bullish. Price action has formed a bullish ascending triangle formation. Trend line support is located at 192. The bias is to break to the upside. Trading close to the psychological 200 level. A break of bespoke resistance at 200, and the move higher is already...
If you're looking for a growth stock to add to your portfolio, you may want to consider TripAdvisor (NASDAQ: TRIP). The online travel company has seen its stock price nearly lose 50% of its value in the past year and is currently trading at all-time lows with a strong weekly demand level in control. The imbalance is trading at HKEX:18 per share. This demand...
The recent failure of First Republic Bank highlights the problems facing the US banking system. These problems include the continued increase of delinquency rates on Credit cards, Commercial Real Estate & Automobiles, as well as a decrease of commercial bank deposits and M2 money supply (-4.2% YoY). These problems, among others, are causing banking institutions to...