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SHIB/USDT: Potential Breakout and Retest - Trade Idea!!Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis. SHIB is showing some interesting signs on the chart. We've seen a potential breakout from a previous resistance level, and the price is currently retesting that level as support. Additionally, the 100-day moving average (100MA) is acting as potential support. This could be a buying opportunity for those interested in SHIB. However, it's important to manage your risk. Here's a possible trade setup: Entry: Current market price (CMP) with potential for adding more on a dip down to $0.000024 (be sure to use a stop-limit order for this) Target: 80-100% potential profit (be sure to set realistic take-profit orders) Stop-Loss: $0.00002225 (place a stop-loss order below the support level to limit potential losses) Remember, this is just an idea, and the market can be unpredictable. Always conduct your own research before making any trading decisions. What are your thoughts on this SHIB setup? Share your analysis in the comments below!
Long
by CoreCrypto1
1
Info Edge (India) Ltd Showing Strong Up-Side MomentumStrong operating businesses Strong Operating Cash generation year with a run- rate of c1000 Cr plus (pre Tax) annually and growing. Negative working capital due to advance subscription fees (Rs 925 cr as on 31/12/23) Asset-light business models "Zero" Debt. Well Defined approach towards Financial Investments AIF structure for eventual and self-sustained independent financial investment business. Partnered with reputed Sovereign Fund (Temasek Holdings). AIF contribution commitment is currently pegged at ~USD 212.5m Funds created with a term of 12-14 years. Established Dividend payout track record. Formal dividend policy of paying 25%-40% of standalone cash PAT. Track record of consistent dividend payout for last 16 years. Paid 28% of cash PAT as dividend till date. Info Edge is India’s premier online classified company with a portfolio of brands. It owns various brands in different fields like naukri.com (online recruitment), 99acres.com (online real estate), jeevansathi.com (online matrimonial) as well as shiksha.com (online education information services). It also acts as an investor and has invested in many start-ups in the online space and is actively growing its investment portfolio. Company is almost debt free. Company has delivered good profit growth of 55.9% CAGR over last 5 years B2B revenues (as on date) comprise ~90% of overall Naukri revenue and includes: Resume database access (Naukri & iimjobs) Job Posting (response management) Employer branding (visibility) Application tracking tools (Zwayam) eHire - Resume short listing and Walk-ins Assessment services (Do-select) ■ B2C includes revenue from Job seeker services Career enhancement services (AmbitionBox, Coding Ninjas, Naukri Learning)
NSE:NAUKRILong
by iism-ExpertTrading
Shipping Corporation Of India Showing Expected Up-Side MomentumCompany has reduced debt. Company has delivered good profit growth of 24.4% CAGR over last 5 years Strengths Long track record of operations along with diversified business segment SCIL is one of the largest shipping companies in India with an operational track record of around six decades. It benefits from the experienced management of qualified professionals and nominees of GOI. The long track record has helped them establishing relationships with major PSUs in India like IOCL, HPCL, BPCL, ONGC, etc. The company have diversified business segments which includes crude oil/product tankers, dry bulk, offshore services, and container operations, and has a presence in passenger vessels, chemicals, and gas transportation. SCIL currently has the largest fleet size of 59 vessels; a relatively younger fleet, with an average age of around 11-12 years which helps them in getting better charter rates and achieving higher operating efficiency. Vessels on behalf of third parties, primarily Public-Sector Units (PSUs)/Government Departments/Union Territories are also managed for service income. Currently, SCIL are managing 53 third party vessels. Acuité believes that SCIL will continue to benefit from its long operational track record and established relationship with the PSU's./b] Strategic importance to Government of India With more than six decades of operational track record, SCIL, remains strategically important to the Government of India. The company have been playing a pivotal role towards supplying vessels for the Indian Government key operations such as Mars Orbitter Mission of ISRO (Indian Space and Research Organisation) and other defence missions via agreement with DRDO (Defence Research and Development Organisation). Furthermore, SCIL have created strategic alliances with other governments such as Maldives, Andaman & Nicobar Islands for providing maritime services among islands. They have also been serving projects of national importance by partnering with ONGC and Geological Survey of India (GSI) for offshore services. Apart from that, the company deployed its container vessel on direct "India - Middle East Shipping Service" which connects East & West Coast of India with Middle East ports of Jebel Ali and Hamad and will also cater to other ports in Persian Gulf. Stable business operations The business operations of the company remained stable over the years marked by healthy growth in revenue from operations by -25% CAGR over FY21-23 period. The consolidated company achieved revenues of Rs.5794.01 Cr. in FY23 compared against Rs.4988.08 Cr. in FY22 and Rs.3698.09 in FY21. The improvement in revenue is attributable to significant improvement in liner freight indices and bulk segment due to significant improvement in charter rates. A surge in the tanker charter hire rates helped the Tanker Segment to post significant profits. The dry bulk segment is still recovering from historically bad period and loss of key cargoes such as iron ore exports from India, resulting in long non-profitable ballast legs thereby putting pressure on earnings. Although, in later parts of 2020, dry bulk trade recovered remarkably well on account of stimulus packages given by various governments and with China, the main driver of dry bulk demand, recovering quickly from COVID-19 crisis. Simultaneous occurrence of multiple factors conducive for the dry bulk shipping business, viz., spike in dry bulk materials demand, strong trade in grain, coal and iron ore segments, low active fleet growth maintaining tonnage balance etc. gave a good push to the dry bulk rates. Also. strong trade growth and tapering dry bulk carrier deliveries bode well for the near future. Healthy Financial Risk Profile The financial risk profile of the company remained healthy marked by strong net worth, gearing ratio and comfortable debt protection metrics. The tangible Net worth of the company stood at Rs.6902 crore in FY2023 as against Rs.5974 crore in FY2022. The debt/equity of the company improved and stood comfortably at 0.37x and 0.53x as on 31 March 2023 and 31 March 2022 respectively. The TOL/TNW of the company improved and stood low at 0.66x as on 31 March 2023 compared against 0.82 times as on 31 March 2022 respectively. The debt protection matrices of the compar mained comfortable marked by interest- coverage-ratio of 9.45x and Debt-service e ratio of 2.30x for FY2023. Acuité believes that financial risk profile of SCIL may remain strong owing to no major capex plans and stable profit accretions.
NSE:SCILong
by iism-ExpertTrading
#SWSOLAR Closed Above its All Time High Long-Term Opportunity KEY HIGHLIGHTS FOR FY24 Unexecuted order value at INR 8,084 crore as of Mar 2024 compared to INR 4,913 crore as of Mar 2023 Company has received new orders / LOI in two projects worth -INR 488 crore during the quarter including being declared L1 for a second floating solar module project in the country Company received its second international order in Q4 from Enfinity for a BOS project in Italy amounting to EUR 20 mn We have received total orders/LOI in 13 projects worth INR 6,023 crore in FY24 compared to new order inflow of INR 4,387 crore in FY23 P&L of the company has begun to revive in FY24 Consol revenues up -51% YoY Achieved positive consolidated EBITDA in FY24 Domestic EPC gross margins continue to operate within our target range Achieved PBT/PAT profitability in 4QFY24 Rationalization of overheads continue to progress with FY24 overheads at -INR 333 crores compared to -INR 382 crores in FY23 The company has significantly de-leveraged the balance sheet in FY24 Total net debt of -INR 116 crore, compared to net debt of-INR 1.966 crore in FY23 No upcoming debt repayments till 3QFY25
NSE:SWSOLARLong
by iism-ExpertTrading
#KIRLPNU just Broken All Time High With Good Fundamentals Company has reduced debt. Company is almost debt free. Company has delivered good profit growth of 20.4% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 31.6% Business Highlights Order Board as on 1st April 2024 of Rs. 1,475 Cr., 28% more than last year. FY 24 Operating Revenue @ Rs. 1,323 Cr. 24% Y-O-Y growth in PBT Setting up of forging facility at Nashik as a part of vertical integration. Launched new products — Tezcatlipoca - a Centrifugal compressor Atmos Aria - a off shelf screw compressor Jarilo-A Bio - gas Compressor
NSE:KIRLPNULong
by iism-ExpertTrading
#HAL just Broken and Closed Above its Previous All Time High Company has reduced debt. Company is almost debt free. Company has delivered good profit growth of 23.9% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 26.7% Company has been maintaining a healthy dividend payout of 29.6% Company's working capital requirements have reduced from 98.4 days to 38.2 days Strong order book providing healthy revenue visibility HAL's order book remained healthy at ₹84,814 crore as on December 31, 2023 majorly contributed by manufacturing of various models of helicopters and aircraft of around 56,569 crore to be executed over the next five to six years. Major orders in the manufacturing segment pertains to supply of 83 Light Combat Aircraft-Mk1A version (LCA), 70 HTT-40, 6 LCA 10C/FOC, 4 Dornier apart from various aerospace structures for PSLV and GSLV. The ROH order book remained healthy at 28,277 crore and is expected to remain robust in the near to medium term as HAL undertakes the repair and maintenance work of aircraft manufactured by it for its entire life as well as for aircraft manufactured by others for which it has built infrastructure across the country. Furthermore, there remains visibility of future orders with strong order pipeline wherein orders for procurement of new platforms viz. Advanced Light Helicopter (ALH), Light Utility Helicopter (LUH), Additional Su-30, AL31 FP Engines and RD-33 Engines and mid-life upgrade of D0-228 Aircraft aggregating to 55,000 crore are in the advance stage of conclusion and are anticipated to be received within next three to siz months. In addition, orders for procurement of additional 97 Nos of LCA, 156 Nos of Light Combat Helicopter (LCH), 60 Nos Utility Helicopter-Maritime (UHM) including Performance Based Logistics (PBL) Contract, among others aggregating to 158,000 crore have been approved by the Defence Acquisition Council and the orders against the same are anticipated within next 18-24 months. Given the significantly long tenure of its contracts, HAL enters into variable price contracts with its customers, Indian Airforce, Indian Army and Indian Navy, wherein the future escalation is built into the prices excluding forex fluctuation on procurement. The forex fluctuations are paid on an actual basis by the customers. This protects its margins from forex and raw material price escalation to a large extent. However, profitability may get impacted due to time or cost overrun in case there is execution delays at HAL's end. Strong financial risk profile marked by healthy profitability and cash accruals and continued improvement in its collection period HAL continues to have a sizeable scale of operations and the TOI grew y-o-y by 8% to 26,397 crore in FY23 majorly on the back of increase in revenue from repairs and maintenance services. The PBILDT margin stood healthy at 25.68% in FY23. Income tax refund of 1193 crore and ₹973 crore further supported profitability in FY22 and FY23 respectively. The company earned gross cash accruals (GCA) of ₹7,000 crore in FY23 as against 5,634 crore in FY22. Its debt coverage indicators remain strong due to low reliance on external borrowings. The revenue contribution from manufacturing activities declined in FY22 and FY23 y-o-y, as majority of the manufacturing orders were completed, and the new contracts were under manufacturing and in development phase and delivery of the same is expected to be booked in FY25 onwards. Accordingly, its income is likely to get a fillip from FY25 onwards once deliveries start for 83 LCA Mk1A in a staggered manner. In 9MFY24, HAL registered TOI of ₹15,612 crore and profit after tax (PAT) of ₹3,303 crore as against TOI of ₹14,433 crore and PAT of ₹2,970 crore registered in 9MFY23. CARE Ratings expects the profitability and debt coverage indicators to remain healthy, going forward. The total receivables of HAL continued to remain below ₹5000 crore as on balance sheet date for past two years ended FY23 as it had realised substantial payment from government in FY22. The collection period has improved from 135 days in FY21 to 64 days in FY23. HAL also receives advances from its customers against the contracts which constitutes a stable source of funding its working capital requirement. The advances stood robust at 28,981 crore as on March 31, 2023 which further increased to *32,588 crore as on December 31, 2023. Timely realisation of dues and increase in advances has resulted in continued low reliance on debt to fund its working capital requirement. The same resulted in the overall gearing ratio of almost nil as on March 31, 2023. The company has strongly articulated that going forward HAL's debt level is expected to remain low on the back of sustaining its improved collection period.
NSE:HALLong
by iism-ExpertTrading
2
Bitcoin - The bullrun is not over (yet)!Hello Traders and Investors, today I will take a look at Bitcoin . -------- Explanation of my video analysis: For more than five years Bitcoin has been trading in a solid rising channel formation. We saw the last retest of support in 2022 which was followed by a bullish reversal on the smaller timeframes and an incredible rally of 300% towards the upside. Considering that Bitcoin is now retesting previous resistance, it is quite likely that we will see a short term rejection first. -------- Keep your long term vision, Philip (BasicTrading)
BITSTAMP:BTCUSDLong
by basictradingtv
Bitcoin - $200.000 price target!Hello Traders and Investors, today I will take a look at Bitcoin. -------- Explanation of my video analysis: More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle formation and is currently retesting upper resistance. We might get a pullback but the overall trend is still very very bullish. -------- Keep your long term vision, Philip (BasicTrading)
BITSTAMP:BTCUSDLong
by basictradingtv
4
Tesla - Clear flag formation!Hello Traders and Investors, today I will take a look at Tesla . -------- Explanation of my video analysis: After the triangle breakout and the bullish break and retest on Tesla stock back in 2020, we saw a significant rally of 1.500% towards the upside. For 3 years Tesla has now been trading in a decent bullish flag formation and just broke an important support area towards the downside. However at the moment Tesla is literally in no man's land so it is better to wait for the next retest of structure. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
10
SWING IDEA - RAMKRISHNA FORGINSConsider a compelling swing trade opportunity in Ramkrishna Forgings Limited , a leading manufacturer of automotive components in India, catering to both domestic and international markets. Testing Strong Resistance Zone : The price range of 750-770 has been tested multiple times and is currently attempting to breach it, indicating potential bullish momentum. Bullish Engulfing Patterns : Bullish engulfing candlestick patterns observed on both the weekly and daily timeframes signal strong buying momentum and potential upward movement. Trading at All-Time High : Ramkrishna Forgings is currently trading at its all-time high, indicating strong bullish sentiment and potential for further gains. Trading Above 50 and 200 EMA : The stock is trading above both the 50 and 200 Exponential Moving Averages (EMA) on the daily timeframe, confirming its bullish bias and potential for trend continuation. Volume Spike : A significant spike in trading volumes reflects increased market interest and potential accumulation by investors, adding confirmation to the bullish thesis for Ramkrishna Forgings. Target - 860 // 945 Stoploss - daily close below 700 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:RKFORGELong
by Visionary_Growth_Insights
4
DELYSIUM (AGI)One of my favourite altcoins for a number of reasons is DELYSIUM. An AI-powered open world framework project, the first web3 operating system that has seen incredible gains in the last year, up 467% YTD. The AI narrative is a very strong one, perhaps the most likely to succeed in this Bullrun and so choosing the right projects to back over the next 12-18 months is so important. Since the start of the year AGI has rapidly climbed to new heights, with a previous ATH of $0.45 Delysium moved into price discovery before losing momentum and falling back under. A big reason for this is not only because the rally ran out of steam but because BTC made a similar move, and once BTC pulls back the rest of the market is usually subject to the same move, however altcoins usually hold value much worse than BTC. The chart shows price has retraced back to the origin point of the last leg of the rally, the Bullish OB+ area and reacted well off this zone. After this strong reaction price meets the trendline resistance and fails to break it after 4 attempts. Another pullback into the Bullish OB+ give AGI another chance to escape the bearish trendline which it does and begins to make new Higher highs and Higher lows, a bullish trend has begun on the LTF. The last thing AGI now needs is to break market structure to confirm a new bullish trend which it does by sweeping the supply zone on the nearest local high. Using the Fibonacci zones we can find the best place for entry between the 0.62 & 0.79 areas of the pullback just after a "change of character" (CHoCH). With strong fundamentals as well as bullish technical analysis it is clear that AGI is a great project to consider. With a strong probability trade like this and Take Profit (TP) targets as price continues its rally. Obviously as with all Altcoins they are subject to BTC price movements, this trade idea will really be determined by BTC regaining the 4h 200ema. If Bitcoin can do that we'll have more confidence and confluence in the trade idea, if BTC continues it's LTF downtrend then the trade idea could be postponed and look for a better entry. The Stop Loss (SL) will be the invalidation area.
by ProR35
Bitcoin - Channel, Breakout and a $250.000 Target!Hello Traders and Investors, today I will take a look at Bitcoin . -------- Explanation of my video analysis: On the higher timeframes of the Bitcoin chart - symbol BTCUSD - you can immediately spot a simple rising channel formation. About a year ago, Bitcoin retested and rejected the lower support of the rising channel formation and is now retesting the previous all time highs at $65.000. If we see a breakout, the next resistance is all the way up at $250.000. -------- Keep your long term vision, Philip (BasicTrading)
BITSTAMP:BTCUSDLong
by basictradingtv
6
#BTC: Upward Trend Emerging? Breakout from Falling Wedge PatternHello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Great recovery so far! After a quick dip to $56k, Bitcoin has shown some resilience. As you can see on the chart, the price surged above the crucial resistance level of $62k, potentially confirming a bullish reversal or deviation. Additionally, the breakout from the falling wedge pattern adds further bullish technical momentum. Based on this pattern, we could potentially see a price increase towards the previous high of $73,400. However, it's important to note that this is just a possibility. Invalidation of this bullish scenario: A daily close below the $62k level would weaken the current bullish momentum. ⬇️ What are your thoughts? Share your technical analysis and insights in the comments below!
Long
by CoreCrypto1
1
#GOACARBON Company has reduced debt. Company has a good return on equity (ROE) track record: 3 Years ROE 35.2% Extensive experience, reputed clientele and established t rack record of operations in the CPC segment GCL is a part of Dempo Group, which was established in 1941. The group has diversified operations with a presence in Iron Ore mining and exports, Construction, Publishing, Ship Building, Travel and Trade, among others. GCL has more than five decades of track record in the production of CPC and hence has an established market position amongst the leading producers of CPC in India. The chairman of the company, Mr. Shrinivas Dempo has an extensive experience of over three decades in the industry. GCL caters to reputed companies among the Aluminium Industry, Graphite Industry and Steel Industry which includes Hindalco Industries Limited (HIL), Vedanta Aluminium Limited (VAL), The Kerala Minerals and Metals Limited (KMML), Steel Authority of India Ltd (SAIL) to name a few. GCL has also healthy relations developed over a decade with the various global raw material suppliers such as Kuwait Petroleum Corporation, Oxbow Carbon & Minerals LLC, Mitsubishi Corporation Limited among others. Acuité believes that the established position in the industry and healthy relations with both customers as well as suppliers will help the company to maintain a stable business profile in the CPC segment. Improvement in business risk profile The business risk profile of the company witnessed improvement reflected by growth in revenues during FY2023 and 9MFY2024. The revenue from operations of GCL improved to Rs. 1364.36 Cr. in FY2023 against Rs. 766.12 Cr. in FY2022. Further, the revenues during 9MFY2024 stood in similar range at Rs. 606.42 Cr. The surge in the demand of aluminium while tightening of its supply marked by geo-political issues and consequent sanctions on Russia, which contributes almost 6 percent of the global aluminium supply, has resulted in an implicit effect on the pricing of CPC. The average selling price of the CPC during FY20-21 stood at around Rs. 22,000 per metric tonne which grew to Rs. 42,000 per metric tonne in FY21-22, while as on 9MFY23 the average selling price stood as high as Rs.77,000 per metric tonne. Acuité believes that GCL’s operating performance is susceptible to the changes in pricing of CPC and the same will remain critical for its future growth.
NSE:GOACARBON
by iism-ExpertTrading
ONDO/USDT BULLISH STRUCTURE! READY TO PUMP 100% FROM HERE!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Welcome to this ONDO/USDT Trade setup! According to the chart, it is forming a bullish structure. Breakout is also done and currently, retesting it. Buy some here and add more in the dip. Entry range:- $0.80-$0.84 Targets:- $0.98/$1.22/$1.44/$1.84 Stop Loss:- $0.73 What do you think about this? Share your views in the comment section. Thank You!
Long
by CoreCrypto1
1