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Fundamentalstrategy

ETH - USDT, 1D Interval Resistance and Support Hello everyone, let's look at the ETH to USDT 1 day chart. As you can see, the price is moving in the downtrend channel, which is important in its lower part. Let's start with setting support and as you can see ETH has a strong support zone from $1129 to $883 ahead, moreover looking at the recent move we can mark the $974 level as a strong place where the price may turn around. Now let's move to the resistance line, as you can see the first resistance is $1301, if you manage to break it, the next resistance will be $1444, $1555 and $1669. Looking at the CHOP indicator, we see that in the 1-day interval, the energy is strongly charged, the MACD indicator indicates the continuation of the downward trend, and the volume shows little interest on the part of sellers and buyers.
by cryptodailyuk
4
ETH - USDT, 1D Interval Resistance and Support I invite you to discuss the behavior on the ETH versus USDT chart. We can see that the price from June to September moved above the uptrend line, which we left the bottom on September 18, moving in the downtrend channel marked by blue lines. Despite this, the price of XRP came up from this channel, after negative news about the FTX exchange, it dived quickly and returned to the downward channel. In recent days, the price has moved above the local uptrend line, but now it has to overcome the downward trend in order to return above it. Now, with the help of the Fibonache tool, we will mark the support zones for the XRP price, and as you can see, we have a support zone from one thousand three hundred twenty six dollars to one thousand one hundred thirty five dollars where the price is currently located, then we have support lines at a price of eight hundred eighty five dollars. We can also check that a strong resistance zone, when the price starts to rise, we have from one thousand six hundred and seventy-four dollars to one thousand eight hundred and thirty-five dollars, but before that we have to overcome two places of resistance at one thousand five hundred and fifty-four dollars and before that, one thousand four hundred and forty-two dollars. The CHOP index indicates that the energy is depleted on the one-day interval, the makdi indicator shows a downward trend, and on the volume we see a small red candle that says that sellers have an advantage on November 11th.
by cryptodailyuk
2
EURUSD I It will correct downward from resistance zone Welcome back! Let me know your thoughts in the comments! **EURUSD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
4
XRP / USDT 1daychartHello everyone, I invite you to review the XRPUSDT chart for one day. As we can see, the price dived strongly and quickly returned to the uptrend line. It is worth noting that the price has two trend lines on its way that must be overcome, so we can see that XRP has already tried to overcome the first trend three times. Now let's move on to the designation of the support line and in this situation we can see that the first support is at $ 0.35, the second at $ 0.32, the third at $ 0.30 and the fourth at $ 0.28. Likewise, we will set the resistance lines that the price must overcome in order to continue rising. We have the first resistance at $ 0.40, the second at $ 0.46, the third at $ 0.55 and the fourth at $ 0.64. Now let's move to the CHOP index which indicates that the energy is slowly starting to rise, on the MACD indicator we can see that on the one-day interval we are in a downward trend, and the volume shows a large green buying candle, while today the selling candle has a small advantage.
by cryptodailyuk
2
XRP - USDT on 1W interval Resistance and SupportHello everyone, I invite you to a review of the XRP chart, in tandem with USDT, on the interval of one week. As you can see, we have been moving in the downtrend channel marked with yellow lines for a long time. On the other hand, locally we move above the upward trend line marked in blue. Let's move on to determining the support that the price has in the event of drops and as you can see, in the first place we have a support zone from forty one cents to thirty two cents, if this zone is broken, we have another support at the price twenty-four cents. Looking the other way around, it is worth determining the places of resistance if the XRP price starts to rise. In this situation, we have a resistance zone of fifty-two cents to sixty-seven cents, and if we manage to overcome this zone, we have another strong resistance at ninety-one cents. Please look at the CHOP index, which indicates that in the interval of one week we still have a lot of energy for the next move, while the makdi indicator shows that we are in an uptrend.
by cryptodailyuk
1
Daily review of ETH interval 4HHello everyone, check out the ETH to USDT chart on four hour intervale. Let's start by marking the trends with white lines and, as we can see, the price has beaten the first tendency, but on its way to larger increases it has to overcome the second tendency. Please note that we have dropped below our uptrend line, nevertheless, the price remains above the first trend and locally above the uptrend line. Let's check what support we can designate for the ETH price for the near future and in this situation we have the first support at $ 1541, if the support is broken, the next support is $ 1453, $ 1381 and $ 1313. Now let's move to the resistance line as you can see the first resistance is $ 1661, if you can break it the next resistance will be $ 1736, $ 1797 and $ 1850. Looking at the CHOP indicator, we can see that in the 4-hour interval the energy has been used and is now slowly starting to rebound, while the MACD indicator shows a local downward trend.
by cryptodailyuk
1
GAL/USDT 1DInterval - Resistance and SupportHello everyone, I invite you to review the GAL / USDT chart on the 1 day interval. First of all, we will use a white line to mark the downward trend, which the price has already tried to overcome several times upwards. However, looking at the chart, we see that the local price fell below the local uptrend line. Now let's move on to the support designation and as you can see, we first have support zones from $ 2.02 to $ 1.92, then we have support lines at $ 1.66. Looking the other way around, we can identify several resistance lines for the price, the first resistance is at $ 2.18, the second is at $ 2.33, the third is at $ 2.46 and the fourth is at $ 2.57. Please take a look at the CHOP index which indicates that we have a lot of energy in the 1 day interval, and the MACD indicator shows an upward trend.
G
by cryptodailyuk
Fundamental analysis in cryptoThrough fundamental analysis , we can try to detect the authentic and objective value of cryptocurrencies in spite of their market price. Through these techniques, we can assess whether a cryptocurrency is undervalued or overvalued, and we can detect a trading opportunity. With fundamental analysis , traders evaluate and study what can affect the price of a security, such as external factors or events. This type of analysis takes advantage of tools like periodic financial statements, financial ratios, economic forecasts and other types of additional information that can affect the value of a security. There are different approaches to fundamental analysis that analyse micro and macroeconomic variables in different ways: 1. Top-down approach: through this approach, the trader analyses macroeconomic variables first and then microeconomic variables. Global information is taken in first, followed by more detailed and specific values and variables addressed. With this approach, the trader looks at the world economic situation, and then looks more at the most economically attractive countries, along with the sectors with the most potential, and within them, chooses which ones are most convenient to invest in. 2. Bottom-Up approach: this approach is the opposite of the previous one: first the trader chooses companies with growth potential, analyses the sector they operate in and then the economic situation of their countries; the overall global economic situation is the last thing to be analysed. THE ADVANTAGES: This approach allows the investor to collect and analyse information external to the markets but that might still influence prices. This way, the investor has a clearer vision of the reality of the market. THE DISADVANTAGES: The trader using fundamental analysis needs more thorough knowledge and experience of accounting, business and, in the specific, the sector of interest. Moreover, investment terms with a fundamental analysis are longer because it requires more studying and background with respect to other analytical tools, like technical one. It can also be outweighed by chance factors, such as physical disasters affecting commodity prices and companies in general. In general, markets can also be surprised by unexpected changes in economic and political scenarios. In the specific case of crypto markets, fundamental analysis can be used to analyse the exterior components that can affect cryptocurrencies. Fundamental analysis can be carried out by looking at its use cases or community, but also at the team behind every specific crypto project, something that tells a lot about its overvaluation or undervaluation. Indeed, in the case of crypto markets, there are no financial statements, and therefore they cannot be evaluated as normal financial assets. Most cryptocurrencies are still in the developing stage and they do not have a lot of real-world applications; they rely mostly on miners, users and, of course, developers. It can be of great importance given that crypto markets are relatively more volatile and less stable than others, and due to their irregular situation investors react quickly to exogenous factors. These factors can vary and go from regulatory pressures to simple tweets - take Elon Musk as an example. Fundamental analysis can indeed help comprehend the fair value of crypto assets - data about this can be found on different websites, such as Reddit or Telegram. The use of technology is of utter importance. The investor can assess the usability of the adoption of the cryptocurrency he's interested in, but this tool can also be used to study how governments value cryptocurrencies and whether they want to implement new regulatory policies about it. We can also identify the progress that it's being made in terms of technology, such as how the activity of cryptocurrency is developing, along with its software or media coverage - all these factors contribute to increasing the crypto asset's value. From a psychological point of view, it can also help the investor trade with more confidence, knowing that a thorough analysis has been carried out. When the analysis is done daily, it can help you develop a finer investment strategy. In terms of financial metrics, what can be used is: Market capitalisation: the investor can look at the total market worth of cryptocurrency, which indicates whether there is space for growth. To get that, you multiply the current price per coin by its supply. Liquidity, or how easy it is to buy or sell the asset. A liquid market is a competitive market and is usually favoured by investors, also because it entails a lower bid-ask spread. Volume: it spurs liquidity because it is telling of how much money has been exchanged for a certain asset. Fundamental analysis usually prioritises the assessment of transaction values. If the transaction value is consistently high, it means that the cryptocurrency is in steady circulation. Fees: they reflect the demand on the blockchain. Every cryptocurrency can have its own transaction fee. The assessment of the fees paid over various periods gives the trader an idea of how secure the crypto asset is. Supply mechanisms: general microeconomics state that when supply is low and demand is high, price rises. A general belief for cryptocurrencies is that when supply runs out, the price will rise (this is, for example, a general prediction of Bitcoin holders). On the other hand, investors can also use project metrics for their fundamental analysis: Whitepaper: it is a technical document outlining the purpose and operation of the project. It should comprise the blockchain technology solutions, the use cases for the currency, the planned features and upgrades, sale and team information, and tokenomics (the factors that impact the tokens' use and value). The team: crypto teams are easily accessible to assess nowadays so that the investor can learn more about them and their credibility. The competitors: the investor can conduct an analysis of the crypto assets; competitors. If there are other cryptos which are more widely adopted or valuable, maybe it is best to back off from the item of interest. Last but not least, important instruments when evaluating cryptos through fundamental analysis are Blockchain metrics or On-chain metrics. The rising popularity of blockchain has made sure that lots of different types of information could become extremely popular, such as the number of active users, total transactions and transaction value. There are three fundamental metrics in this case: 1. Hash Rate : this is a measure of the mining machine's ability to conduct hashing computations in an efficient way. The hash rate also determines the profitability of the miner, as it indicates the likelihood that a block will be mined, and, indirectly, the chance of receiving the block reward. An investor should look at cryptos with a more extensive network because they are more resistant to attacks or data manipulation. 2. Status and Active Addresses: active addresses measure the number of dynamic blockchain addresses over a period of time. They are helpful in comparing the growth or decline of the activity or interest in the coin or token. The investor can also get to the active address through the computation of the total number of unique addresses over time (and a comparison of the results). 3. Transaction values : they can be determined for the assessment of the regular circulation of the crypto asset. It indicates how much money was exchanged on a given period, and therefore, the number of transactions.
BITMEX:XBTEducation
by vf_investment
The most important week of 2022 is finally upon us.FX:EURUSD This week of November will most likely be the most important week of the year. Context EURUSD has been in a bear market for the entirety of 2022, falling a whopping 16.2% . As the year begins to round up, talks of a FED pivot has been in the air and resulting in an increased risk on sentiments that have resulted in 2 consecutive weekly bullish candles. Where do price go from here? I have identified the 2 possible directions and insights/rationale to them. #1 Analysis: 1. ECB's dovish switch on recent monetary statement 2. Upcoming FOMC meeting will set to stone the stance of the FED 3. Maintained hawkish stance -> interest rate differential and tonality will prevail 4. NFP prints resilient and strong -> further incentives for hawkishness by FED 5. USD strengthens #2 Analysis: 1. Upcoming FOMC meeting CONFIRMS FED pivot to dovish territories 2. Time for doves and goodbye Hawks. 3. Increases risk on sentiments in the market. 4. NFP prints poorly which shows the rate hikes has done its job. 5. USD weakens Both ways are possible. Let's all wait and see how the week ends.
by Jon_Jones_Junior
MATIC / USDT 1D chart Resistance and SupportHello everyone, let's take a look at the MATIC to USDT chart on the 1D interval. As you can see, the price moves in the sideways channel and locally above the uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.88, if the support breaks down, the next support is $ 0.83, $ 0.78 and $ 0.74. Now let's move from the resistance line as you can see the first resistance is $ 0.96, if you can break it the next resistance will be $ 1, $ 1.04 and $ 1.07. Looking at the CHOP indicator, we can see that the energy is slowly increasing in the 1D interval, while the MACD indicator shows an upward trend, but the blue line is close to the red crossing from above, which could confirm the trend change.
M
by cryptodailyuk
1
JS-Masterclass #3: FundamentalsIn the recent tutorial 'Trading with the Trend - Stage Analysis', we have explained the importance of identifying stocks in a confirmed stage 2 uptrend using the 'Trend-Template'. What are the Fundamentals doing in a confirmed stage 2 Uptrend? The best stocks and buying opportunities available in the market meet the technical requirements according to Minervini's Trend-Template and have very healthy Fundamentals. Best Candidates - Growth - Accelerating EPS and Revenues - Explosive Market Position - Sustainable Trends - Scalable Business Model Worst Candidates - Capital Intensive - Limited Pricing Power - Heavily Regulated - Margin Pressure - Eroding Industry Position Watch out for these 3 key fundamentals – Earnings, Sales and Margins 1) Earnings in most recent 2-3 quarters +20% or more – the bigger the better; look for earnings acceleration – quarter to quarter sequential. Look at a 2 quarter average (up 20%) 2) Sales acceleration: sales increasing in most recent 2-3 quarters 3) Check profit margins – are they expanding or contracting? 4) Combination of sales and margins = earnings: gauge current growth versus 3-5 year growth rate (look for acceleration), Look for a breakout year How Do You Know if an Earnings Report is Really Great? 1. Results are better than the consensus of analysts’ estimates or, even better, earnings come in above the highest analyst estimate. Why? This will get the stock on the radar screens of big institutions. 2. The company raises its guidance for the upcoming quarter and the fiscal year significantly. 3. The stock price reacts positively to the earnings report and/or company issued guidance and resists meaningful profit taking over a number of days or weeks. 4. Analysts promptly raise estimates. (More than a 5% change from 30-days earlier is meaningful). 5. Revenue is reported above the consensus estimate (preferably above the highest estimate) and is also revised upward. 6. Earnings are “quality” – profit improvement comes from increased sales as opposed to a one-time gain or non-operating/non-recurring income. Keep in mind, cost cutting or “productivity enhancements” have a limited life span. 7. You can check Return on Equity to get an idea how good management is doing. You should compare this number to other companies in the same industry. 15-17% is a good cutoff for most stocks. Red Flags • Material earnings deceleration is a warning • Eroding margins is a warning • Positive earnings with negative sales – limited life span • A company showing strong earnings but not paying much in taxes is a red flag Even if you have found a stock with great Fundamentals: - Never trust the story - Never trust the numbers - Unless confirmed by price action
Editors' picks
Education
by JS_TechTrading
6
Daily review of BTC interval 1DHello everyone, I invite you to the BTC to USDT review on a 1 day interval. Please see that the BTC price was moving in the uptrend channel, then it started to decline and moved in the triangle marked with blue lines. Currently, we managed to leave the triangle on the top and break the first trend. Now let's move on to determining the support btc has in the event of a correction, and as you can see, the first support line is at $ 19,713, the second support is at $ 19,029 and the next support is at $ 18,472. Looking the other way around, we can also mark the points of resistance, and here we can see that the first resistance line is at $ 20,765, the second resistance is at $ 21,492, the third is at $ 22,409, and a strong resistance at $ 25,028 that btc has to overcome so that it could grow to around $ 30,000. Please note the CHOP index which indicates that most of the energy has been used, while the MACD indicator shows an upward trend.
by cryptodailyuk
2
META Important Milestone!As you know, I am a long term investor. Thus, I usually buy stocks for the long term, and never short any equities due to shorting's unlimited risk. With a P/E ratio of 10, it would be reasonable to think that META is a good bargain considering its status as a social media giant. However: 1. META's Userbase is declining, something never seen before in the history of the company. 2. Competition like Google's Youtube and ByteDance's Tiktok is catching up and overtaking META 3. New Apple (AAPL) IOS changes, which made META's data collection process much harder, has and will adversely affect its ad revenue (which is 98+% of its total revenue) ---------- Specifically, the IOS change requires META to get the user's permission to collect data for Ads. Until now, data shows that only 33% of users allow META to collect their data for more personalized ads. I think you can see how this affects Ad revenue. Thus, the "metaverse" is the only thing that may/may not save META from its inevitable doom. However, that means that: 1. The metaverse needs to develop in the years ahead, and not just stay at a gaming level 2. META must have enough cash to fund research into the metaverse 3. It must dominate the metaverse industry Although I personally think that META is a lost cause, I choose not to label this as "#METAshort" because I think all investor have their own opinions. Here are some good points about META: 1. 10 P/E ratio (lower than S&P 500 average 2. META's adaptability 3. Technicals? (Not seen yet) I choose to write this now because META's Q3 results are tomorrow and are key to how META's stock and the metaverse will develop in the future. Anyway, thats all for my idea. Please leave a comment and boost this idea so it can go out to other investors! 😊 P.S. Someone give me coins :)
NASDAQ:META
by AlphaTigerInvestments
BNB / USDT 1D INTERVAL, STOPLOSS AND TARGETSI invite you to review the BNBUSDT chart on the 1 day interval, as you can see the price was moving in the uptrend channel from which it came down. And as you can see we are currently in the side trend channel marked with white lines, it is also worth adding that we are in its lower part, from which the price has rebounded several times. Now let's move on to the line of support, and as you can see, the first support is at $ two hundred and seventy-two, the second is at $ two hundred and sixty-five, and the third is at $ two hundred and fifty-six. Looking the other way, we will also determine the resistance lines that the price must overcome. We have the first resistance at two hundred and seventy-five dollars, the second resistance at two hundred and eighty-seven dollars, the second at two hundred and ninety-seven dollars, and three hundred and six dollars. Please pay attention to the CHOP index, which indicates that we have a lot of energy, and the MACD indicator indicates a local upward trend.
by cryptodailyuk
BNB / USDT 1D INTERVAL, Resistance and supportHello everyone, let's take a look at the BNBUSDT chart on the 1 day time frame, as you can see we left the uptrend channel and we are currently moving in the sideways channel where the price is accumulating. As you can see, we are at the bottom of the channel, which can be used for short-term licks. As you can see, we have the first support right at the lower end of our current channel, then we have a strong support zone. However, after leaving the current channel, we have a strong zone of resistance to further increases. The CHOP indec indicates that the energy has run out and the MACD indicator shows a downtrend.
by cryptodailyuk
3
Long term review of the XRPUSDT marketHello everyone, I invite you to the XRPUSDT review on a 1-day interval. As you can see in the chart, the price came up from the first channel of the sideways trend and from the first line of the downtrend. We are currently above the uptrend line, but we can also mark the second channel of the sideways trend. Now let's move on to the support that xrp has in front of it and we can see that the first support zone is from $ 0.50 to $ 0.46, then we have support lines at $ 0.42, then the support zone from $ 0.39 - 0.35 $ and support at $ 0.29. Looking in the other direction, we will analogously determine the points of resistance. We have the first resistance at $ 0.53, the second resistance at $ 0.61, then we have a strong resistance zone that starts at $ 0.69 and continues all the way up to $ 0.93. It is worth paying attention to the CHOP index which indicates that we have a lot of energy, while the MACD indicator indicates a local downward trend.
by cryptodailyuk
2
Daily review of BTC interval 1WHello everyone, due to the hot situation on BTC, I invite you to review the BTCUSDT chart on the 1W interval. Let's start by marking the upward trend line, which lasted from March 2020 to November 2021, then we started the decline that continues until today, and so the price is under the current downward trend line. It is worth adding that the price is currently moving in the side channel which ranges from about $ 18,000 to $ 25,000. Let's move on to the determination of the support and here the support zone from $ 18,415 to $ 17,259 is immediately visible, but if the price does not stay in the current zone and goes down, we can see a drop in the price even to around $ 13,000. Assuming that the price, however, remains at its level, it is worth looking at the chart more optimistically and here we will move on to several resistance points and how the price may move in this situation. The first resistance that btc has to pass is $ 19874, the next one is $ 20,967, then we have a resistance zone from $ 22,589 to $ 25,318, only breaking this zone can give further increases towards the resistance at $ 29,543 and further at $ 37,114. It is worth paying attention to the CHOP Index which indicates that we have a lot of energy to make the next move, while the MACD indicator shows that we are still in an uptrend.
by cryptodailyuk
5
CRO / USDT 1W Interval- support and resistanceHi, let's take a look at the 1W CROUSDT chart. It is worth noting that we have dropped below the long-term uptrend and we are currently in the downtrend channel marked in blue. Looking further, it is worth determining the support that the CRO has in the event of further declines and here we can see that the price is currently in the support zone, which is from $ 0.111 to $ 0.098. If the price drops below this zone, the next strong support is around $ 0.584. Now let's move on to the resistance that the price will have to overcome to keep rising, and here we see that the first resistance zone starts at $ 0.137 to $ 0.162. The next zone starts at $ 0.199 to $ 0.261. Let us pay attention to the CHOP indicator which shows that we have a lot of collected energy. and the MACD indicator which shows that despite the current decline we are in an uptrend.
by cryptodailyuk
1D DOTUSDT ReviewHi everyone, let's take a look at the 1 day DOTUSDT chart. Let's start with the fact that for some time the dot price has been moving in the channel marked with blue lines, which can be potentially used for short-term plays. But let's see that the bottom of the current channel is also a support zone for the price from $ 6.28 to $ 6.13. If it is possible to exit the current channel upwards, the price has to cross two important resistance zones, the first one is from $ 6.75 to $ 7.00, and let's note that the price has already turned back in this zone. Next we have a second important resistance zone from $ 7.25 to $ 7.60. It is worth mentioning that looking at the long term, the price moves in the triangle marked with yellow lines and at this point entering the first resistance zone or breaking it would also leave the current triangle. Now let's look at the CHOP indicator which shows that we have a lot of energy in the 1-day interval, but the MACD indicates that we are still in a downward trend. When the MACD shows a clear cross between the red line and the blue line from below, it may be a confirmation of a shift from the long-term trend to an uptrend.
by cryptodailyuk
2
HFCL - Avoid Completely-MultipleRedflagHFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable (OFC). Product Portfolio Optical Fiber Cable (OFC), Optical Fiber, Wi-fi systems, Microwave radios, Routers, Ethernet switches, Electronic fuses, Electro optic devices Revenue Break - Below break up has 2 to 3% export revenues 78% of revenues and sale of Telecom products 22% of revenues from others. General Notes 1. Promoters shares are pledged to the extent of 44% - Redflag 2. Associated with reliance jioinfocom 3. Sales, Profits and EPS are not ok with me. Its been constanly reducing on QoQ basis which is not good 4.Cash flow is negative - Red flag 5.Interestingly cash conversion cycle is 77 days (Increased) but payables day has been decreased to 177 days ( Previously it was 262 days) 6.Public holding more than 50% - Redflag 7.Over the years it has been playing with multiple news in the markets but it has not performed a bit. Every time investors have burned hands on this 8.Techincal setup has been broken upwards. For trading this can be taken up with stoploss of Rs. 60.
NSE:HFCL
by Microcap_Investor
1
Healthcare Global Enterprise - Good BSHealthcare Global Enterprises Ltd is engaged in setting up and managing hospitals and medical diagnostic services including scientific testing and consultancy services in the pharmaceutical and medical sector. Business Area 1. Presence in Oncology value chain 2. Cancer Hospital/Networks 3. Fertility Business 4. Multispeciality hospital in 4 small towns Revenue Break 95% from Oncology and Cancer Network 5% from Fertility and Multispeciality hospital General Notes 1. Slowly expanding its business in smaller towns by providing quality facilities 2. Sales have been growing steadfast on QOQ basis with co turning profits in last 2 quarters 3. EPS turned positive in last 2 QOQ 4. Borrowings getting reduced from last 3 YOY but still looking significant. 1.25% of reserves are borrowings 5. Cash on balancesheet is big since they has sold their entire stake in Sept 2021, the company sold its entire 38% stake in its JV, Strand Life Sciences Pvt Ltd to Reliance Industries for ~157 crores. It acquired the oncology hospital labs and clinical trials business from the JV for ~81 crores consequent to the stake sale. It booked a profit of ~142 crores on the sale. 6. Debtor days and Payables are slowly seeing improvements which is just a begining. Lot of efforts is required to look clean 7. ROCE is meager since its EPS turned around in last 2 quarters so it might take another 6 months to have good ROCE. Presently it stands at 5% 8. IFC is investor but slowly reducing its stake. 9. Overall balancesheet looks good and worth for investment
NSE:HCGLong
by Microcap_Investor
ETH - USDT, 1D Interval Resistance and Support ZonesHello everyone, let's take a look at the ETH to USDT chart on the one day timeframe as you can see the price is moving in the downtrend channel. Let's start with the designation of the support zone and we can see that we are currently in the upper limit of the zone, which is between $ 1,320 and $ 1,126. Now let's move on to the resistance zone, and as you can see, the first zone is from $ 1,527 to $ 1,629, while the second resistance zone is from $ 1,724 to $ 1,860. It is worth paying attention to the CHOP indicator which indicates that we have a lot of energy for the next move, while the MACD indicator indicates a local upward trend.
by cryptodailyuk