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CITI moving on 46 USD then 42 USDhi, take my example what not to do. If you invest, remember, try to save your capital and make SL - stop loss. My first mistake. I did not make it. Take a portion of your capital for example 20% - invest first and wait 2%, if you are on profit, invest another 20%, and wait next 2%. My fault - I invest to much on the beginning. Or look mainly on the index how it is going, if it is like CITI ticker C moving down, it will still go down. There is a gap between 40 USD. Right now we go on 46 USD then 42 USD. What next? I don't know. I hope it will move up. We have to close this gap for sure. Remember no position - sitting on cash is also a position. This is my story, I lost 10%, I am happy to receive dividend, hope it helps. I think 0.5 half year to 1 one year sitting and looking how my wallet is shrinking. I suppose maybe 2023 will move back up. Still I have some free cash but I am not sure to buy... for what price. Yeah.. I made big mistake. best regards Adas Orlenik
NYSE:CShort
by WinterManOnTheSky
1
Still you "banking" on Banks ?Bank Nifty has been also working in line with Nifty around 200 day SMA but interesting part on this was that it has been completely below the average for last 10 trading sessions. Strong earnings on ICICI Bank and Axis Bank didn't lead up the sector which shows that how strongly 200 day SMA is working as resistance. Now analyzing further move with Elliot wave then we have initiated our move on Wave C since the high point at 36718 and this move could end near to 33470 which is arrived by calculating it equally to Wave A from 38759-35511. P.S. Stop loss can be kept at 36950 which is 200 days SMA while reward is 2500+ points.
NSE:BANKNIFTYShort
by KushGhodasara
Citigroup - nice catch a wave hi, looking on ticker c Citigroup, I see positive move up, I don't know if it is a long wave up or a short term but, I hope that we will go to 56 USD or 60 USD. There are rates from FED to be raised and as we know banks will increase their income with the rising of them. Also the stock is undervalued, and we see that there is long term of accumulation of it and moving in the same range. Please be advised that this type of stock is one of the "biggest" one in the NYSE. In long therm I hope to gain some money on it. Like always we can see "play" of algorithms and computers - it likes to play with SME - moving average in range M15 and H1. I hope that it will help. Look on it in long term. it is not a investing advise, it is only my opinion, please do not consider it in the light of law for any advise how to invest your money, it is your risk and your luck.
NYSE:CLong
by WinterManOnTheSky
4
Bank Nifty Intraday StrategyHi Everyone :)) Hope you all are doing good..... As you all know #Banknifty doesn't give us a good move yesterday over, all banknifty move in range of 36200-36500. Today is weekly expiry so market will show some good move let's see how to trade. 1. If banknifty give us a good opening and move above the level of 36500 then go for CE till the target of 36900 and if it cross it with good volume then may be banknifty fill the gap and then the target will be 37400...... 2. If banknifty give us a breakdown then i'm comfortable to buy PE below the level of 36000 then the target will be 35800 and 35600. 3. If banknifty doesn't give us any breakout or breakdown then as usual buy at support sell at resistance. That's all for today hope you all like it. Thank YOU:))
NSE:BANKNIFTY
by StockSelection
$XLF tons of overhead supply ; will the gaps fill?Financials on full display going into earnings . Will those GAPS fill? Keep them on your radar. #XLF #JPM #C #BAC Interest Rates continue to rise on 30 year home mortgages and the federal interest rates consumers begin feeling the pain of being both pushed out of the market and every direction they turn. In most cases higher interest rates help the banks and some could say, “higher rates drive up prices, which increase companies earnings and consumer price index ( CPI );” however, I think many are overlapping the current with past recessions. In most cases that may work – but this time isn’t like any time of our past. The amount of headwinds on the global fronts and out of control printing of debt holistically. In any case, I am cautious on banks with all the segments of their lives being impacted with oil , shipping, economic contraction, rising rates, etc. not to mention rising wages being outpaced by inflation and poverty increase by x-hundreds of thousands per month. Tons of overhead supply that could be potential opportunities for entries on rejection. WILL THE GAPS FILL? ** What happens when households cannot afford to acquire loans and it’s too late for them to refinance their homes… just food for thought.
AMEX:XLFShort
by bsdvs23
Back To PavilionIf you have seen my previous analysis on EmiratesNBD I had mentioned its stuck within a range for months, 14.25 was the resistance/upper range. It have come back to retest but we can see a huge Red candle with much of selling pressure this looks bit scary although I think buyers will tomorrow try to protect this level so that it does not go back into the RANGE which will be painful. At the same time Banks will not increase the interest rates which will benefit banks so I think banking sector can be a good target for now for a new bull run. Hit like & follow guys ;)
DFM:EMIRATESNBDLong
by stalkstock
$SOFI is oversold 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team entered digital finance company $SOFI at $10.25 per share. Our take profit is $12 with a stop loss at $9.75. Our Entry: $10.25 Take Profit: $12 Stop Loss: $9.75 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
3
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BITSTAMP:XRPUSDLong
by Crocobot
6