75: Identifying Support around €13.36 Amidst Selling PressureCurrently, we are witnessing selling pressure on the Fastned stock without significant buying interest. However, by examining historical data, we can identify a point of interest around the €13.36 level. This area has previously acted as a support zone, making it a potential accumulation point.
Recent developments support this analysis. Fastned recently raised €32.9 million through the issuance of new bonds, with €12.3 million coming from existing investors extending their bond maturities. This successful fundraising indicates a growing interest and confidence from private investors in Fastned’s long-term potential.
Given this backdrop, we anticipate that the €13.36 level could attract accumulation as investors recognize the company's ongoing investments in the fast-charging infrastructure for electric vehicles. As more motorists transition to electric vehicles, the demand for Fastned's services is expected to increase, potentially driving the stock's recovery.
Monitor the €13.36 level closely for signs of accumulation and potential buying opportunities, considering the growing interest and financial backing Fastned is receiving.
Buyopportunity
A stock which refuses to come down : AstralA fundamentally good company is running with good momentum. A healthy bull run with consolidation in between too. The upmove remains intact with support of volumes and DMI indicating there is still potential strength in the bullish momentum.
My view is to buy with an open target and SL trailing with the EMA
BUY CUB cmp 144.50, target min 166 then 180/200 SL- 129CUB correction is completed both price-wise and time-wise. From this month it has strong potential upside with minimum target of 166 around, then 180 and 200 levels. 2nd target of 180 and 3rd target 200 can come in next month or next to next month but 166 is almost confirmed. This view will fail if it close on or below 130 levels. so the risk is very less from current levels and the rewards are very high with short term time frame. Fundamentally, the fair value of the stock near to 175-180 levels going with earnings of fy25-26 and with fy24, its still stand to value near 155-160 levels so there is a tremendous potential in value unlocking. NIMs of the bank likely to improve given the interest rate downtrend to start and the cost of borrowing will reduce resulting in improvement of margins. NPAs recovery is already going since last 3-4 quarters and it has reduced. Credit growth is expected to grow given the digitalisation in approval process, ties up with NBFC and expanding to new areas of credit growth. Branches increased last year, however still concentrated in TamilNadu, so any improvement in that state directly impacts cub. Recently the key person in higher management has changed with strong banking experience in big banks and mid size bank as well. Expect the strong turnaround for cub in coming quarters, so 200 is just the levels but it wont be surprising even it cross new lifetime highs when numbers are out. Multiple brokerage house knew this and gave a buy call, it is just a matter of time that Investor's patience soon going to be rewarded. Good luck.
PREMEXPLNGood Volume Buildup.
Rectangular Pattern.
Good for Short term and Long term.
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Possible Buy on GOLD A confirmed market structural shift to the upside suggests potential buying opportunities. Additionally, the formation of multiple buy-on-stop orders and an inducement signals further potential for buying. It is important to exercise caution and adhere to risk management practices when considering these opportunities.
GOLD SHORT TERM BULLISH gold is currenty trading in a channel again .the overall price action is bullish .so it is sae to take a buy.Hence the gold trades above the validation area and true volume range.it indicates that gold may have chance to buy to the higher positions .technically we have to trade in side of the channel that is what technical prospective says.Apply risk do not change the plan without a good reason
bitcoin triangle going to break. keep watching!!!!!!we are in the last hour of the btc triangle life, if we break above and close our 4H body candle, we will see a good bounce from here.
for certain and better long we can Waite for grey line which price is 69375 to break and candle body close above.
don't panic and stay calm till good break candle, then catch it up.
good luck wolfies.
#btc #bitcoin #pump #money #cashflow #profit
Buy JublFood cmp 464 target 520++ Stop 450Technically, there is higher top, higher bottom formation on a hourly chart, on a higher timeframe we see bullish candlestick and pattern formation. This indicates that the stock is being bottomed out as someone is continuously accumulating at lower level raising the demand and at higher level selling comes due to sharp rise. As currently its in strong buying zone, buy aggressively and wait for a eventual target of 520. Fundamentally, there is a expectation the consumer demand gonna rise again due to cooling inflation so expect revenues to pick up again.
$AXL looks like it is ready to go long!NYSE:AXL is breaking out this falling wedge pattern, and RSI is also showing bullish divergence.
Entry Point: Start accumulating once the price exceeds $0.97.
Targets:
Midterm Goal: 60% increase
Long Term Goal: 170% increase
Trading Options: AXL is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.78.
About NYSE:AXL
Axelar aims to provide secure cross-chain communication for Web3. This project offers a decentralized network and a suite of tools to assist developers of decentralized applications (dApps) in achieving seamless cross-chain interactions via its protocols, tools, and APIs.
DYOR, NFA
#Crypto #altcoin
$PIXEL broke out this falling wedge pattern!NGM:PIXEL broke out this falling wedge pattern and currently retesting it.
Entry: accumulate above $0.39
Target: Midterm target 50%
long term target 200%
This coin is available in both spot and futures.
You can buy it on the spot, or if you want to long it on futures, you can do so with a stop-loss at $0.35.
ABOUT NGM:PIXEL
Pixels is a social casual web3 game on the Ronin Network, featuring an engaging open-world experience centered on farming, exploration, and creation.
DYOR, NAF
#Crypto #ALTCOIN
#VANRY has the potential to go 5x!🚀About Vanar Chain
Welcome to the world of VANAR Chain, a cutting-edge blockchain ecosystem where efficiency, speed, and security converge. At the heart of this revolutionary platform is VANRY, our native gas token, designed to fuel transactions and smart contract operations within the VANAR Chain.
Our strategy is to accumulate the coin on every dip. This means that when the price experiences a temporary decrease or correction, we take advantage of the lower prices to increase our position in the coin. This approach is based on the belief that the overall trend of the coin is positive and that buying during dips could lead to potential profits when the price rises again.
We highlight the relatively mid-cap market capitalization of $279 million for #VANRY, which could be seen as an opportunity for growth, especially in challenging market conditions. Smaller and mid-cap market caps have the potential for higher volatility and greater price movements.
The accumulation zone for VANRY is above $0.196.
#DYOR
330 % PROFIT. I analyzed Triangle Pattern on (19-01-2021).I have identified and Analyzed a "Triangle Pattern" on 19-01-2021, at that Time the Price was 45 rupees. Now SUCESSFULLY Breakout Triangle Pattern and Reach the Triangle Target. Overall PROFIT 330 % within 3 years. So the Pattern is most Crucial in stock market.
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Refer this image : charts.fyers.in
Stock at multiyear supportstock is at multiyear strong support along with 200 ema support on weekly Time frame suggesting strong buy. Also on daily Timeframe market structure is heigher high and lower highs
if breaks above Trendline then entry
Disclaimer : I am not a sebi registered all the analysis is for educational purpose only please consult your financial advisor before taking any entry, or investment
DGI Game at Potential Buy Point $0.015DGI Game (DGIUSDT) is currently trading at $0.17, which appears to be a good entry point for potential traders and investors. This price point coincides with the support level seen in February 2024.
Historically, a drop to this level has been followed by a bullish rally that pushed DGIUSDT to its all-time high of $0.081.