Bank nifty long position on 15 and 5 minute chart we see v shape recovery in bank nifty also 32100 is act as a good support and currently if bank nifty move above 33300 we will try to take buy position in call also 33500 is a resistance level if bank nifty break this level then maybe bank nifty go for 34000. That my prediction for bank nifty hope for good recovery in the market.
BANK
Bearish on Bank of America. BACImmediate targets 44, 42, 40. Invalidation at 54.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Iron Bank - Back Up The TruckConje project, involved with ve(3,3) solid distributions for IB/FTM shakers, veIB holders will get solid airdrop. Aside from that, the main utility is the 6.6 trillion dollar per day forex market.. bringing fiat to fiat trades with no intermediary, no slippage, no fees. Some are saying solidly is curve, convex, and uniswap blended into one with a better reward distribution model. Only way to get solidly is to provide liquidity to ve(3,3) NFT holding protocols of which there are like 20-24, of which IB has the lowest mcap/TVL. TVL is already north of 1.2b in TVL after only a month, #27 on defillama.
7.3m total supply, 7.2m are "multisig" which apparently removes them from circulating supply mcap calculations? Feel free to comment on that if you know anything about it.
Either way, after a few other deductions (dev allocations, etc) there are 51,000 coins in circulation. Something about airdrops being automatically vested for 4 years as well.. vested airdrops to eliminate sell incentive and classic price drop at launch. I like it.
Supposedly at that circulating supply of 51k, its a 8-9m market cap coin only available on spooky swap by bridging assets over to FTM opera and then swapping wFTM for IB.
Launched a month ago and quietly went from $250 to $30.. just formed a very unnatural looking perfect cup over the last month back up to $250, and is currently finishing up the handle portion of the cup and handle around $170.
Currently, we have a descending triangle on the FTM/IB chart, which is traditionally a bearish continuation pattern, or can be a bearish reversal pattern if it comes after an uptrend, but the probability of downside breakout is marginally better than a coin toss. 55% or so.. which means it's a really weak pattern, and assigning bearish bias to it is not advised.
We have a breakout, retest, and support.
I think this could easily be a top 300 coin.. 200m market cap like $KP3R is a good start, which is 25x from here assuming "multisig" isn't some kind of technicality.
Thoughts, concerns, counterpoints, throw them in the comments. Let's debate about this and figure out what's going on with this coin.
Thanks!
SoFi: A Catalyst Saturated Fintech About To Drive Rapid GrowthSoFi has been beaten down, manipulated and ridiculed due to its SPAC origins… without even taking into perspective of the fast growth ahead of it.
The biggest reason that SoFi hasn’t seen rapid growth so far is due to the Biden Administration Extending Student Loan Pause Through May 1, 2022. I firmly expect this to be the last extension.
“The Department will continue its work to transition borrowers smoothly back into repayment…”
When this ends in combination with SoFi recently getting its bank charter approved… Revenue and Profit Projections will be updated to the positive.
SoFi has already started rolling out new features for members such as Margin trading, a 1.00% APY on both checking and savings (Market Leading) APY). More to come…
I highly expect SoFi’s upcoming earnings to be solid with an incredibly positive guidance ahead of it.
Many Major Analysts support this outlook with current ratings and price targets.
My Opinion:
$25+ is very realistic within the short term (2-4 months)
$35-$45 by end of the year with continued expansion in provided products as well as operations through CONUS & Internationally.
(Not a licensed financial advisor)
#BANKNIFTY - A Clear AspectsTo note
1. If open gap down - 37353 - Padharo maree deshhh fir ayega 37000
2. If open gap up - retest to 37550
But Scenario is like to wait and then trade. 15th june 2018 repeat can happen so gapdown to top approach is seen soon. anything avove 38440 is cool to 39000.
No matter what i post, i think its worth waiitng and I feel the market can get down and have a pull back, else follow my first bnf approach of what i said that why it felt weak.
Your comments are welcome. Share knowledge and Spread butter not hate please yaar!
Bank of America Banking on a drop. BACShort term outlook.
Bearish outlook for gains at 46, then 45.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Get ready to earn a 12% profit from trading banking stocks!
Get ready for a long position! Since bearish short-term is strong only enter a short position if a weak bearish or a bullish daily candle come into being in next few days.
Beyond the technical: (do your analysis, I’m not educated in the case of fundamental analysis academically)
Fair Price to Intrinsic Value: 0.66 which is a great score!
To summarize my fundamental opinion on this stock:
Great ( Super bullish )
SOFI Becomes a National BankToday, SoFi Technologies ( NASDAQ:SOFI ) announced that the company received regulatory approval to become a National Bank. This is a massive achievement for SOFI. The Office of the Comptroller of the Currency (OCC) and the Federal Reserve have approved SOFI's applications to become a Bank Holding Company through its proposed acquisition of Golden Pacific Bancorp and operate its bank subsidiary as SoFi Bank , National Association.
SOFI expects the acquisition of Golden Pacific Bancorp to close in February 2022, subject to the remaining customary closing conditions.
“This incredible milestone elevates our ability to help even more people get their money right and realize their ambitions,” said Anthony Noto, CEO of SoFi. “With a national bank charter, not only will we be able to lend at even more competitive interest rates and provide our members with a high-yielding interest in checking and savings, but it will also enhance our financial products and services to ensure they efficiently meet the needs of our members, business partners, and communities across the country while continuing to uphold a high bar of regulatory standards and compliance. This important step allows us to add to our broad suite of financial products and services to better be there for our members during the major financial moments in their lives and all of the moments in between. I’m incredibly proud of our team and excited about the opportunities ahead to help even more people achieve financial independence.”
Last year, in a key strategic step in SoFi’s path to obtaining a national bank charter, the company announced a definitive agreement by its subsidiary Social Finance to acquire Golden Pacific Bancorp and its wholly-owned subsidiary Golden Pacific Bank. SoFi plans to contribute $750 million in capital and pursue its national, digital business plan while maintaining Golden Pacific Bank's community bank business and footprint, including Golden Pacific Bank's current three physical branches. At the time of the announcement, SoFi submitted a revised business plan for Golden Pacific Bank to the OCC and an application to become a bank holding company and for a change of control to the Federal Reserve for approval. After completing the acquisition of Golden Pacific Bank, SoFi Technologies will become the parent company of SoFi Bank, National Association.
Over the past year, SOFI investors have been hit left, right, and center holding onto this highly volatile stock. In fact, the stock has continued to move towards all-time lows day after day. That being said, fundamentally, the business continues to perform very well. SOFI's guidance for Q4 2021 points towards SoFi reigniting revenue growth rates to 55% yr/yr growth. This gives investors reassurance during this turbulent time that SOFI is indeed still growing rapidly.
Right now, with SOFI's National Bank approval, this fintech stock's risk-reward profile is arguably the best it's ever been.
TATACOMM SELL @ 1460 & TARGET @ 1450 Dear Traders,
TATACOMM SELL @ 1460 & TARGET @ 1450
Many people made huge profits last week and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
Dear traders kindly follow our signals for maximum profits,
our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data,analysis and proper strategies.
Kindly message us for strategies and analysis.
JUBLFOOD 27 JAN 22 CE 3850 B @ 82 & TARGET @ 85Dear Traders,
JUBLFOOD 27 JAN 22 CE 3850 B @ 82 & TARGET @ 85
Many people made huge profits last week and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
Dear traders kindly follow our signals for maximum profits,
our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
DELTACORP B @ 270 Target @ 275Dear Traders,
DELTACORP B @ 270 Target @ 275
Many people made huge profits last week and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
Dear traders kindly follow our signals for maximum profits,
our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
IRB B @ 224 TARGET @ 230Dear Traders,
IRB B @ 224 TARGET @ 230
Many people made huge profits last week and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
Dear traders kindly follow our signals for maximum profits,
our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
LAURUSLABS B @ 528 TARGET @ 538Dear Traders,
LAURUSLABS B @ 528 TARGET @ 538
Many people made huge profits last week and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
Dear traders kindly follow our signals for maximum profits,
our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.