Equity
SWING IDEA - GRINDWELL NORTONGrindwell Norton invites attention as it positions itself for a potential breakout. This exploration delves into the compelling factors shaping a promising swing trading opportunity.
Reasons are listed below :
Grindwell Norton has undergone rigorous testing at the 2320 levels, displaying resilience and now gearing up for a potential breakthrough.
A bullish ascending triangle pattern is unfolding, suggesting an imminent breakout as the stock converges towards higher levels.
The weekly timeframe reveals a powerful bullish signal in the form of an engulfing candle, hinting at a shift in market sentiment and the potential for upward momentum.
Witnessing a consistent pattern of higher highs, Grindwell Norton exemplifies a robust upward trajectory, reinforcing confidence in the prevailing bullish trend.
Trading above both the 50-day and 200-day Exponential Moving Averages (EMAs) on the weekly chart, the stock exhibits strength and stability, enhancing the overall technical outlook.
A notable increase in volume activity aligns with recent price movements, adding weight to the potential breakout scenario.
Target - 2635 // 2864
Stoploss - weekly close below 2200
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
RSI & Money Flow comparison to other time periodsMarkets may remain irrational for an extended period of time. This can happen even when data conflicts.
For the moment on the daily TVC:DJI :
RSI is weakening.
$ Flow is lower, but it is stable.
Buys slightly outpace the sells since Mid January.
(Only weekly is shown here. Pls see our profile for more information)
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Things change a bit when seen on weekly data. Daily they seem weak but weekly there's 2 things of importance.
Weekly TVC:DJI RECENT indicators show that RSI & $ flow seem OKAY.
Let's compare them to years past.
Compared to 2021:
RSI is lower
$ FLOW same
Compared to 2017 + 2018:
Both indicators are MUCH LOWER!
(makes sense as it takes a lot more $ to move things around as indices and prices are higher)
Showing 2 previous examples, blue boxes) as no market is identical.
But, seeing the past we may get enlightenment to PREPARE for any outcome that may ensue.
AMEX:SDOW AMEX:UDOW
Archaean chemical Ltd Archean chemical making an attempt to give a breakout of the long consolidation range
On Monday the risky traders may enter into the trade can start accumulation of shares safe trader enter above 686
Sl 605
Tgt 765 785 810
Small hurdle at 725-732
Ask your financial advisor before buying only for educational purposes
SWING IDEA - NEW INDIA ASSURANCE COMPANYthe New India Assurance Company Limited (NIACL) currently presents a compelling swing buying prospect.
Reasons are listed below :
After multiple tests in the 250-260 zone, NIACL has successfully breached this critical level, signaling a potential shift in momentum.
A bullish marubozu candle on the daily timeframe emphasizes the strength of the upward movement, suggesting sustained buying interest.
Breaking free from a two-month consolidation period, NIACL is poised for a new directional move, indicating a release of pent-up energy in the market.
The consistent formation of higher highs underscores the stock's upward trajectory, reflecting a positive trend.
The overall uptrend is evident, providing a favorable backdrop for traders looking to capitalize on potential price appreciation.
Trading comfortably above both the 50 and 200 exponential moving averages (EMA) signifies a robust position and adds a layer of confidence to the bullish case.
Increased trading volume during this period supports the validity of the breakout, providing additional confirmation of the stock's upward momentum.
Target - 300 // 347
StopLoss - daily close below 242
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
PAISALO - Poised to break all time high, for a swing of 25%The stock is in strong uptrend in all time frames - higher to daily and above.
The stock is in strong momentum based on RSI in D, W, M. All above 60.
Daily is reversing from a Higher low formation with double bottom and Morning star formation.
One may consider an entry based on today's close candle, or even at cmp if aggressive.
Entry - 104/105
Target - 112 , 126, 136.
Trail profits after each target.
CREST VENTURES - Upto 50% ROI in the Mid to Long TermThe stock is about to break it's All time high, 5 year old BO in Monthly. --> Cup and handle - Rounding bottom.
It has been consolidating for the last 8 weeks, Monthly shows inside candle.
Daily shows good volume BO.
One can look for swing opportunity till 365. 7% ROI.
If there is a strong weekly close , one may enter on dips for ,
Target 1 - 365
Target 2 - 391
Target 3 - 437
Target 4 - 533
AUS200 – 7632.8 in our sightsWhile the AUS200 revisits the all-time highs set in Aug 2021, the index absorbs a positive mix of sentiment towards global risk, as well as local factors, and many question if this time around we see the illustrious bullish break the bulls are positioned for. While global macro issues remain paramount, one catalyst to look towards is ASX200 1H24 earnings, with Amcor kicking the season into gear (6 Feb) and JBH (due 12 Feb) one that CFD traders will be keen to focus on. CSL (13 Feb) and CBA (14 Feb) report shortly after and both could influence sentiment with their outlooks. The Aussie banks are driving the market from an index points perspective, with materials also finding form. Importantly, we see the ASX200 bank index is flying high at present and until we see the bullish tape in the banks give way, index volatility will remain subdued, and traders will be skewed to buy weakness in the Aussie equity index.
ASHOK LEYLAND | SHORT TERM INVESTMENT Entry Level - 160₹
SL - 130₹
Targets - 190,210,230+
Wait For Entry level
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SWING IDEA - NYKAA (FSN E-COMMERCE VENTURES)This study involves a meticulous examination of historical price patterns, chart formations, and key technical indicators that collectively point towards an opportune moment for investors in NYKAA .
Reasons are stated below :
The 155 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels.
50EMA and 200EMA support on daily timeframe.
Doji candle on weekly timeframe.
0.382 Fibonacci support.
Broke strong consolidation of 1year.
Target - 194 // 224 // 247
StopLoss - Daily close below 153
CANO While Cano Health Inc may be facing challenges, it's crucial to focus on the potential for recovery and growth. Use setbacks as stepping stones to success. The future holds opportunities for Cano Health to adapt and thrive in the ever-evolving healthcare landscape. Consider the current stock price under $3 as a potential entry point, but always conduct thorough research before making investment decisions. Remember, in adversity lies the opportunity for transformation and success. Keep a positive mindset and stay informed about the company's strategic initiatives for a brighter future.
Long Term Correlation Chart [20-30 Years View]This is comparing between the super trend of the S&P 500 (Cash) index and the US 10 year bond yields.
Previously, for a good 35 years, bond yields and equities shared a strong positive correlation. (1951 to 1986)
Then correlation swung the other way and for the next 37 years, we started seeing negative correlation. Falling yields with equities continuing the advancement.
Question is.. What happens now for the next 30-35 years?
Equity Line SwipeUP_TC 18/12/2023Good morning everyone. Like every month, I publish my Equity Line updated to 12/18/2023.
Since my last Equity line, I have had three Trades, one winning and two losing.
I am very sorry to have lost USDSGD and GBPUSD. I believed it, but it didn't go well.
My strategy provides, as explained in my old Equity Line, a risk/return of 1:4, where 1 corresponds to €500 and 4 corresponds to €2000.
Cordially,
Andrea Russo.
INFY 1H SYMMETRICAL FORMS TRIANGLE PATTERNINFY 1hour chart forms a Symmetrical triangle pattern more support in bottom trend line.
keep this stock in watchlist breakout will happen within 1 or 2 month.
Monitor this stock for both EQUITY and F&O trades.
My view in this stock is go LONG..
TARGET 1 ---> 1650
TARGET 2 ---> 1800
Equity Line SwipeUP 20/11/2023Hi Guys, thanks for being here.
Today I want to publish my "Equity Line", updated to 11/20/2023, with all the operations carried out on Trading View and therefore all documentable.
This Equity Line briefly explains my investment methodology. Of course many of you will disagree, but I'm here to share my methodology.
I started with a "Capital to Invest" of €5000. This capital is a fixed sum that will allow me to calculate 10%, which I will need to invest in every operation I carry out.
So at this moment, having that sum as "Capital to Invest", in each of my investments I will risk €500 to have, in 90% of cases (never less), a risk/return set at 1:4.
I have shown in the graph my last 4 investments of November, all published in advance in my profile.
I will publish a new EquityLine updated every month or with every operation, I haven't decided this yet.
If you like, follow me for more updates.
Cordially,
Andrea Russo.