Flag
#SALZERELEC#SALZERELEC
SALZERELEC Good for Holding around 6 TO 9 Months ..... Current Price at 848.05......... Keep SL at 802. .... (On Closing Basis ... Means ... Daily Candle closed Below 802 )….. After Close Crossing 913 …. Trail SL to 913 Targets are Shown on Chart in Greens .
Patent
It has received a patent for ‘Integral Cam Operated Rotary Switches’ for a duration of 20 years, ending 2031. It has registered a Patent for Rotary Switches, five product patents in process.
Diversification into Smart Meter
In Feb,24, the company announced the establishment of a Smart Meter Manufacturing Business in Coimbatore with an annual production capacity of 4 million smart energy meters which will be increased to 10 million in Phase Two. The first batch of smart meters is expected to roll out in Q1 FY25.
Clientele
Valeo, Delta, Siemens, L&T, Schneider Electric, Nuclear Power Corporation, Kone, Indian Railways CED, ABB etc
Market Share
The Co is the largest manufacturer of Cam Operated Rotary Switches with 25% market share.
Promoter holding has increased by 2.08% over last quarter.
🔥 Bitcoin Bull-Flag Taking Shape: Preparing For 80k!In this analysis I want to take a closer look at Bitcoin's performance over the last few weeks. My earlier analyses proved to be wrong, so waiting until the market shows us clarity is always a good idea.
Now that BTC has established two higher-lows after the big sell-off on March 5th, we can say with some confidence that BTC is currently trading in a bull-flag pattern like the one on the chart.
Bull-flags classically break bullish, so we're going to place our target at the closest round number of 80k. If you want to change this trade into a longer-term one, change the target to 100k with an even higher R/R.
🚧FRGX is bullish🚧 & many Traders don't see it 👀!!!Hi.
MEXC:FRGXUSDT
Today, I want to analyze FRGX for you in a 2H time frame so that we can have a SHORT-term view of FRGX regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
As you can see, the price has recently managed to break the falling wedge wedge. And now it is in a bullish flag, where the price will probably stay into flag while, and after the failure, we will see a good growth.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 AB=CD
🟢flag
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
RNDR - accumulationRNDR/USDT: upward pennant, which indicates a continuation of an upward trend after a consolidation phase. Key levels to watch are $8.68 (support) and $13.81/$17.60 (resistance). Volume is decreasing, which is common in this pattern. The RSI is neutral at 57.54. Traders might wait for a breakout above the pennant with increased volume to consider a long position, using a stop-loss below the pennant's lower trendline for risk management. Remember to consider other factors like market sentiment and news.
META: Potential 5 to 10 Bagger in 2024Fundamentals:
If the NFP numbers explode up on Friday, then that means that the FED might have to increase rates, putting pressure on US companies' earnings. This may cause META to topple a bit before earnings. If not, then the same rate for longer. It is the first Friday of the week.
Sales have accelerated in META and earnings are above 20% q/q. However, its three-year earnings are below 5%. But if this changes when earnings come out in April 2024, then that will renew META as a super stock for 2024. It will be added to the two I already have: NOW, and NVO.
Technical Market Scenario:
The SPX500 has a 2.5%-10% market correction. Then rallies to Around 6000 By End of 2024.
Technicals:
ON the daily chart, META broke out and pulled back with higher volume, signaling caution for tomorrow. If it does not continue tomorrow, then I anticipate consolidation for the month in META, then an earnings breakout.
uHd with extreme bullish indicator.
META bounced off of daily 486 horizontal support.
Daily flag pole breakout
Daily Chart:
Weekly Chart:
Comment:
If the above scenario plays out and insider and investor expectations increase or are solid, then I expect META to be at $600 to $1000 within 12 months. However, If META topples, then there is a large buy zone area to watch at $400; a confluence area of a 50% fib, horizonal support from September 2021's all-time high and kijun support.
BNBUSDT - This ALT flashes Strong BULLISH Signals 📈📉Hi Traders, Investors and Speculators of Charts📈
BNB / Binance coin is another altcoin with good upside potential for the next bullish cycle. I expect this to come into full force only after the BTC halving.
Looking at the clear bottom followed by a bullish flag pattern, it seems highly likely that BNBUSDT may make higher-highs for the short term.
It's impressive to see that BNB mid-range support held, this shows a sign of strength from buyers. Around this zone the price ultimately made the inverse Head and Shoulders bottom pattern:
A little closer look in the daily, we see the bullish flag pattern forming. A breakout UNDER will invalidate the pattern:
From a technical indicator perspective, we see two strong "BUY" signals flash in the weekly timeframe, confirming a bullish bias:
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CryptoCheck
BINANCE:BNBUSDT BINANCE:BNBUSDT.P CRYPTO:BNBUSD
Bitcoin Bull Flag #BTCUSD#BTCUSD #Bitcoin Bull Flag A bull flag pattern is a continuation pattern typically observed in technical analysis, signaling a temporary pause in an uptrend before the price resumes its upward movement. The pattern resembles a flagpole (the initial sharp upward move) followed by a consolidation period characterized by parallel trendlines forming a flag shape. During this consolidation phase, trading volume often decreases, indicating a lack of selling pressure.
Traders typically look for a breakout above the upper trendline of the flag, which serves as confirmation of the continuation of the uptrend. The breakout is often accompanied by an increase in trading volume, reinforcing the bullish signal. The target price for the pattern is often estimated by measuring the height of the flagpole and adding it to the breakout point.
However, if the price breaks below the lower trendline of the flag, it could signal a potential reversal of the uptrend and invalidate the pattern.
AUDJPY: Bearish Outlook Explaine🔺AUDJPY is currently experiencing a slight downward trend. After hitting a horizontal support level last week, the market began a corrective movement in a bearish flag pattern.
Today, the price has broken below its support and is expected to close below it.
I predict that the pair may continue to decline towards the targets below.