Bullish Alert: Tata Technologies|Strong Swing Trade Potential!📈 Bullish Alert: Tata Technologies Ltd. Shows Strong Swing Trade Potential! 🚀
Stock Analysis Report
Stock Name : Tata Technologies Ltd.
Timeframe: Daily
Current Market Price (CMP) : ₹1068
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Trade Type
• Trade Type: Swing Trade
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Technical Analysis
1. Trendline Breakout:
The stock has recently broken above a key trendline with increased volume, indicating a strong bullish signal.
Following the breakout, the stock has successfully retested the trendline, further
validating the upward momentum.
2. Indicators:
MACD: Buy signal confirmed.
Oscillator: Buy signal confirmed.
3. Moving Averages:
The price is currently trading above both the 50-day and 100-day moving averages, reinforcing the positive trend.
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Target Prices
• T-1: ₹1115
• T-2: ₹1150
• T-3: ₹1180
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Stop Loss
• SL: ₹1045
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Summary : Tata Technologies Ltd. presents a strong swing trade opportunity. The stock exhibits a bullish trend supported by a recent trendline breakout, successful retest, and positive signals from key technical indicators. With the price trading above significant moving averages, potential target prices are set at ₹1115, ₹1150, and ₹1180, while a stop loss is recommended at ₹1045 to manage downside risk.
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Disclaimer : " Please do not base your trades solely on the ideas mentioned above. Conduct your own research before making any trading decisions. We are not responsible for any financial losses that may result from applying this study or from taking any early entry or exit in trades. "
Emassignal
EMA, SMA and which one to choose? Educational PostArticle Written by Author of the book: The Happy Candles Way to wealth creation.
There is always a lot of debate while using chart whether to use EMA or SMA.
EMA = Exponential Moving Average.
SMA = Simple Moving Average.
In the below chart Black and Orange lines represent 50 and 200 EMA. Blue and the Lavender line represent the 50 and 200 SMA.
Simple Moving average is the actual average of the kind of SMA you are using that is 50 SMA is average of last fifty closings. Exponential moving average gives more importance to the recent price and less to the past prices in that order. For example, if you are calculating 50 EMA the weightage given to yesterday’s price is more than the weightage given to the price before 49 days. I personally use EMA for my charts when I want to take entry to some stocks. As I feel recent price influence the move of the candles more than past prices for future upward movement. At the same time for Profit booking I give more importance to SMA and 21 SMA in particular as I base my trailing stop losses based on monthly average.
To know more about EMAs and SMAs and importance of EMAs in particular you can read my book. The Happy Candles Way to wealth creation available in Paperback and Kindle version on Amazon where I have explained my Mother, Father and Small Child theory where I consider 50 EMA as mother line 200 EMA as father line and movement of a candle is compared to movement of a child playing in garden. In a very simple way I have tried to explain Techincal analysis related to stock price movement and their relation to EMAs.
Now whichever EMA or SMA you use. What I feel is you should remain consistent with it. Do not keep switching between the two. As you can see from the chart there is no major difference in position of both lines in the chart specially when the EMA or SMA is smaller in number. Moving averages are very helpful in determining the trend of the stock. Chances of its correction and support the stock price will get while falling down or resistance it might face if the price is below those lines.
EMAs and SMAs are excellent support when the stock price is above them and become fierce resistnace when the stock price is below these lines. Thus knowing where they are with respect to price is very important. My advice will be EMA or SMA should be part of your chart. Which one you use is a matter of choice. Staying consistent to the moving average you choose is important as Harivansh Rai Bachhan the famous Poet has said in his most famous poem Madhushala and I quote him, “Rah Pakad tu ek chala chal pa jayega Madhushala”. Meaning be consistent to your path and you will find your target.
Disclaimer: There is a chance of biases including confirmation bias, information bias, halo effect and anchoring bias in this write-up. Investment in stocks, derivatives and mutual funds is subject to market risk please consult your investment advisor before taking financial decisions. The data, chart or any other information provided above is for the purpose of analysis and is purely educational in nature. They are not recommendations of any kind. We will not be responsible for Profit or loss due to descision taken based on this article. The names of the stocks or index levels mentioned if any in the article are for the purpose of education and analysis only. Purpose of this article is educational. Please do not consider this as a recommendation of any sorts.
That hasn't happened for a long time.Hi.
Of course there will be some sort of technical rollback soon, it will take a year or so.
But, most importantly there is a super bullish quick signal for The 10-Year Treasury Yield.
It has happened now, this month, for the first time since 1986.
Obviously there is a long cycle of rising 10-year yields ahead of us.
Good article in Forbes from a month ago.
I recommend it to novice traders who want
to understand the impact of US10Y returns on the market.
A positive bearS&P 500 E-Mini Futures CME_MINI Can a bear get a punch bowl please? I think this year has a lot in store from a volatility standpoint. Emerging markets may present hidden scenarios one has not accounted for. Look at Adani. Brazil, Thailand, and the Philippines will be presenting inflation data. India's reserve bank will be likely raising rates. As well as China showing CPI on the 9th. Price action galore, I'm practically chopping at the bit.
We are living in quite a time. I'll be personally taking a neutral stance and see what happens if SPY swipes 4075.00. We still have a ways to see how a "soft-landing" is engineered but for the time being with everything going on in the Middle East, Europe, and far east Asia I'll be a positive bear.
BTC/USDT. I think that BTC looks like correcting to EMA200 already, it would be safest scenario for us. We are expecting BTC needs this react as a pullback, red box is a important area for BTC.
BitVero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
BTC USD prediction 12-11 short positionDear traders as we see in the chart 1h time frame we found short opportunity,, depend our analysis the price make a consolidate for moving down on important resistance and also the price under all the ema line ,, so if the price break this consolidate then the it will moving down ,, also as you see the rsi indicator give short signal and adx indicator give us the same signal for short
EURNZD: Sell Rallies!EURNZD
Intraday - We look to Sell at 1.6079 (stop at 1.6114)
Daily signals are bearish. 50 4hour EMA is at 1.6080. Preferred trade is to sell into rallies.
Our profit targets will be 1.5985 and 1.5965
Resistance: 1.6030 / 1.6070 / 1.6100
Support: 1.6000 / 1.5970 / 1.5930
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BTC moves in descending wedge: probable weekly close 29-29.5K$Bitcoin is moving in a descending wedge plotted on the weekly chart starting in September 2021. Last week the price touched the EMA 200, a similar event boosted BTC in 2018 and 2020 (see red arrows on the chart). The probable weekly close is expected to be between 29 and 29.5 K$. Next week we should finally be able to see the first green candle
USD/CAD 1W analysis Looking Bullish Hello everyone , as we all know the market action discounts everything :)
The USD/CAD pair looking to be bullish with the completion of a cup and handle with confirmation last week where the market price jumped up the resistance level at 1.24788,The USD/CAD jumped on Monday rising 1.2% after increasing 1.3% last week .The trend seems to be getting move momentum as time goes by at least for the next week or 2.
The US Dollar Index (DXY) was able to cross above the resistance at 92.80. The next step would be the resistance at 93.10. If the US Dollar Index gets to cross that, we will see the USD/CAD getting more support.
by using different indicators we were able to confirm this bullish movement where we see that :
1_The market price at 1.27411 trending above both the MA (1.23675) and the EMA (1.24432) (bullish sign)
2_The RSI at 59.70 showing strength in the market as it gains more momentum and no divergences were found (bullish sign)
3_The ADX at 35.79 showing that the market is trending with a positive cross over between DI+ and DI- , where DI+ at 25.48804 and DI- at 16.30824 (bullish sign)
Support & Resistance points :
support Resistance
1_ 1.2486 1_1.2679
2_ 1.2361 2_1.2747
3_ 1.2293 3_1.2872
Fundamental point of view :
The USD/CAD rallied on Monday breaking out and hitting highs not seen since February. The dollar was broadly higher against most major currencies as fears of the Delta variant of the COVID virus weighed on riskier assets. U.S. yields declined sharply and stocks fell, which gave the greenback a safe haven bid. The economic highlight of the week for Canada is the May retail sales report on Friday, which is expected to be weak. On Monday, the National Association of Home Builders reported a dip in their July index to 80. The index hit a record high of 90 in November of last year. Of the index’s three components, current sales conditions fell 1 point to 86. Buyer traffic declined 6 points to 65, and sales expectations in the next six months rose 2 points to 81.( According to FXEMPIRE )
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This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view , not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.