EUR/USD Daily Chart Analysis For Week of Aug 2, 2024Technical Analysis and Outlook:
In the most recent trading session, the Eurodollar displayed its ability to recover from the completed Inner Currency Dip of 1.082 and Mean Support levels of 1.081 and 1.078. The prevailing analysis indicates a sustained upward trajectory toward a Mean Support level and its associated completed Inner Currency Dip of 1.094. These critical targets may prompt swift downward movements toward a Mean Support of 1.083, potentially extending to target the subsequent Mean Support level of 1.078.
Investing
zkSync Fresh L2 coin for ETH. 458 million $ investment by fundsLogarithm. Time frame 1 day. Since the coin is fresh (people sell freebies), and it was recently listed, if the market will be dominated by a downtrend until October, a downtrend channel will be formed in case of a break of the key support.
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Most importantly:
1️⃣ There was aerdrop manipulation , the community got a very small % of the promised coins, which is in the hands of developers and crypto funds (after shaking out now, there will be full control over the price).
2️⃣ It is worth noting that crypto funds “invested” (with speculative interest) 458 million dollars in the asset. Which is an absolute record.
The first and second are extremely positive for the maximum prices of the asset in the cycle in the future. Consequently, the asset is interesting for investment and position trading, and it does not matter what will happen now locally for a couple of months. Work from the average buy/sell price.
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The chart shows the key resistance levels for the first significant pumping after the trend break, as well as the maximum distribution zone targets of this cycle.
The price potential will be “unlocked” similarly naturally not now, but when the solution will be implemented, there will be media PR, smart money will partially “exit” from the asset. The potential is naturally great, it is shown, who is attentive.
Let me remind you, L2 is a solution for scaling the ETH network. When this is implemented and PR'd and ETH is in its first distribution zone, then pump in similar small capitalization assets.
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Work from the average price of purchases , so in the future sales and no minimums and maximums (even if you are sure that you know and understand how “exactly” it will be, I note that most people who do everything by reverse think so), as this is the fate of true hamsters. At the same time, you need to understand the zones where it is cheap and where it is expensive, and what the general trend in the market is developing.
⏰ Profit from the local game (not necessarily to work this way) is not big (you “spin the volume” part of the allocated money to a certain zone of the asset - work). But, such local work gives you to overcome fear, because you always have money to increase coins.
⚠️ Do not abuse stop loss , where it is not necessary, because everything will be taken away on the “flat place”.
⚠️ Prefer spot trading , which forgives elementary mistakes, if you are not a very good trader. With margin and futures, your risk must be justified. If you are a ludomaniac (most sick people won't admit it, maybe you are one/one of them) then leave this high risk trading.
🐹 Psychology . If, you feel that you, like everyone else, will do, when not necessary under psychological pressure and news some not logical bullshit, it is better not to trade at all, and invest. “Hold” coins for a couple months, dividing the amount of the entry into 2-3 parts. When the market is distributed, you will sell with a big profit. Maximum targets (not necessarily, as depends on a lot of factors), is the zone 0,6 - 1 dollar.
NOTUSDT SHOWING POSITIVE SIGNSHello,
Welcome to the quick update of NOTUSDT. It was dumping since the last 2 days but as of now it has shown some positive signs with continuous green candles in the 4 HR TF.
We can take a position in this with the below details:
Entry: 0.0129 to 0.0132
Target: 0.0157 to 0.0169 in the short term and 0.022 to 0.026 in the long run
STOPLOSS: 0.0122
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
LDO READY to MOVEHello,
Welcome to the quick update of LDOUSDT. It is showing positive signs after consolidating around 1.49 to 1.58.
We can go long on this with a short-term target of around $ 1.78 to $1.87 and a long-term target of $2.27 and STOPLOSS of 1.48
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
EUR/USD Daily Chart Analysis For Week of July 26, 2024Technical Analysis and Outlook:
During the trading session of the current week, the Eurodollar sustained its decline by the Weekly Chart Analysis for the Week of July 19. The prevailing analysis indicates a continued downward trajectory toward a Mean Support of 1.081 and its corresponding Mean Support of 1.078. The anticipated downward movements will result in an initial interim rebound, potentially reaching a Mean Resistance of 1.089.
S&P 500 Daily Chart Analysis For Week of July 26, 2024Technical Analysis and Outlook:
The S&P 500 Index, also known as Spooz, demonstrated a significant downward trend, as analysed in the Weekly Chart for July 19. It reached the anticipated Mean Support level at 5449 and Key Support at 5420. There is an expectation of a swift recovery after reaching these levels, propelling the price toward the designated Mean Resistance target at 5567. Nonetheless, the prevailing price action indicates a sustained primary decline toward the Key Sup 5350 and Inner Index Dip of 5345 in the forthcoming week/week's trading sessions. It is acknowledged that these achieved targets will exert pressure for a robust rebound.
A look at M2 Money Stock Out of curiosity I took a look M2 to see the trends over the years and how it compares to COVID and the last few years. I don't have any great revelations to share about what to do, but I thought the chart was interesting. I also did some research and used ChatGPT to help me create a summary about M2. Please note that I cannot guarantee the following text is perfectly accurate, I am not a financial expert or advisor, but it is an interesting overview. Enjoy.
1) Introduction:
Money Stock Measure 2, or M2, is a comprehensive measure of the money supply that includes various types of financial assets held by the public. It encompasses M1 — which consists of the most liquid forms of money like cash and checking deposits — and adds less liquid forms such as savings deposits, time deposits under $100,000, and retail money market mutual funds. This broader measure provides a more complete picture of the available money within an economy than M1 alone.
2) Why M2 Matters to the Economy and the Stock Market:
Monetary Policy Indicator: M2 growth rates can indicate the looseness or tightness of the Federal Reserve's monetary policy. Rapid growth in M2 may suggest a looser policy with potential implications for lower interest rates, while slower growth could indicate a tightening policy stance.
Economic Health Predictor: Fluctuations in M2 can signal upcoming changes in economic activity. An expanding M2 typically suggests that more money is flowing into the economy, potentially boosting consumer spending and overall economic growth. However, if this expansion leads to inflation without an accompanying increase in real output, it could be detrimental.
Interest Rate Influence: Since M2 impacts interest rates, it indirectly affects the stock market. Lower interest rates from an increased M2 can reduce borrowing costs and stimulate both capital expenditures and consumer spending, which generally supports higher stock prices.
Inflation Expectations: Inflation can erode the purchasing power of money. An inflating M2 can lead investors to adjust their expectations, impacting bond yields and stock valuations.
3) As an investor, monitoring M2 can enhance decision-making in several ways:
Growth Trends: Observing whether M2 is expanding or contracting can provide clues about future economic conditions and monetary policy directions, helping investors anticipate market movements.
Asset Allocation: During periods of M2 expansion (indicative of lower interest rates), investors might favor stocks, particularly in sectors like consumer discretionary that benefit from increased consumer spending. Conversely, a slowdown in M2 growth could be a signal to move towards safer assets like short-term bonds, which are less sensitive to interest rate rises.
Sector Impacts: Different sectors react differently to changes in M2. For example, financials might benefit from higher interest rates, while sectors sensitive to consumer spending could gain from an expansionary M2 environment.
Inflation Hedge: Rapid increases in M2 that might lead to inflation suggest that investors should consider assets that typically perform well during inflationary periods, such as commodities or real estate.
Global Considerations: For those invested internationally, understanding how M2 changes affect global markets and capital flows is crucial, particularly in how developed economies' liquidity influences emerging markets.
4) Conclusion:
M2 is a critical economic indicator that offers valuable insights into future monetary policies, economic health, and market directions. It is not a perfect metric on its own, but by integrating M2 data into broader market analyses and considering its implications on different sectors and asset classes, investors can make more informed decisions, optimizing their portfolios to better navigate the complexities of financial markets.
Insecticides - Poised for a 25% upmove Swing Trade1) The stock is about to break out of a multi year Trend Line, 2017, 2022 in Monthly timeframe.
2) The stock is in up trend in all major time frames.
3) Daily shows a god trigger of a breakout soon indicated through a Volatility contraction Pattern.
For a 3% SL, 25% Targets expected , around 1000 Rs.
My entries - 789
SL - 767 Daily closing Basis
Target Around 1000
Sector : Chemical - Momentum Sector - AGroChemical.
ADANI NOW or LATER For InvestmentIf you haven't checked my ADANIENSOL analysis kindly check it 1st.
If you look at ADANI stocks clearly we can see a massive view as investment.
Now question is for how long ?
From this position you can plan a hold for 2-3 years and it may give you more than something.
Don't let you influenced by short term market scenarios.
Investment for long term MAY give you GOOD return. BUT
Investment for long term from a good location MAY give you MASSIVE return.
CAMPUS: Low Public Shareholding 📉🤦
The shareholding pattern of a company refers to the distribution of its ownership among different categories of investors, including promoters, Foreign Institutional Investors (FII), Domestic Institutional Investors (DII), and the general public.
The ideal shareholding pattern can vary depending on the nature of the company, industry dynamics, and regulatory guidelines. However, A low public shareholding tells a lot about the future of both the company and its shareholders. Below are some good to know pointers:
1. Low Liquidity:
Low public holding can lead to lower trading volumes a.k.a. Low liquidity. It means there are fewer buyers and sellers in the market.
2. Wider Bid-Ask Spreads:
The reduced liquidity could result in wider bid-ask spreads. The bid-ask spread is the difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask). In illiquid markets, bid-ask spreads tend to be wider, making it more expensive to buy or sell shares, and potentially making it difficult to execute trades at desired prices.
3. Lack of Price Discovery:
The market sets the price for every security after discounting it for everything that matters. In illiquid markets, the true market price may be difficult to determine due to a lack of trading activity. This lack of price discovery can make it harder for investors to assess the fair value of the share.
4. Market Manipulation and Market volatility:
Low liquidity markets may be more susceptible to market manipulation, as a small number of investors can have a significant impact on prices. Imagine a particular DII or FII exiting its entire position in an illiquid market. The prices would crash like crazy.
5. Risk of Delisting:
This is a rare case scenario but is still a possibility. PE and VC funds keep an eye on such companies as it is comparatively easier to make such companies private.
When to invest in such companies:
Taking a closer look at CAMPUS's shareholding, we can see that promoters own about 75% of the company, while Foreign Institutional Investors (FIIs) have 7.5%, Domestic Institutional Investors (DIIs) hold 6.5%, and the general public has around 8%. This does show that the promoters, DIIs and FIIs are pretty confident about their investment.
Promoters, FIIs, and DIIs are different from regular individual investors. They invest for the long haul, focusing on the company's overall health rather than just buying and selling shares. Unlike many individual investors, FIIs and DIIs carefully choose to invest in a business for specific reasons. They're patient and willing to wait for their investments to grow over time because they believe in the company's potential.
A retail investor may invest in such a company if:
- He has confidence in the industry the company operates in,
- He trusts that the company's business is solid,
- He has faith in the management's ability to make good decisions, And
- He is willing to be patient for the Company to reach its prime
Else, investing in such a company can be a real Nightmare. Campus stands at an All-Time low. Imagine an investor who invested during its IPO and is still red.
Can you tell us what other companies have low public shareholding?
What should we analyze next?
Have Requests, Questions, or Suggestions? DM us or comment below.👇
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
KNRCON Have Broken All Time High Giving Target of Around 25%NSE:KNRCON
BUSSINESS OVERVIEW
One of the leading companies providing Engineering, Procurement and
Construction (EPC) services.
Major Projects in Roads & Highways – one of the fast-growing sectors
Established presence in Irrigation and Urban Water Infrastructure Management
25+ years of experience of project execution
Successfully executed more than ~8,700 lane km Road Projects
Projects executed across 12 states in India
Portfolio of BOT/HAM Projects
668 lane Kms Projects in the state of Telangana, Karnataka & Bihar
2 Annuity based Projects, 1 Toll based project and 8 HAM based projects
8 HAM based projects with total Bid Project cost of Rs. 96,188 million
Strong EPC Order Book
Total Orderbook as on 31st March 2024 53,048 cr.
₹ 31,980 Mn
Roads Sector
₹ 21,068 Mn
Irrigation and Pipeline Sector
Recently Won Projects
Construction of Access Controlled four laning with paved shoulder from
Mysore to Kushalnagara Section of NH-275 on Hybrid Annuity Mode
under NH(O) in the State of Karnataka (Package IV) worth of 5750 CR.
Construction of Access Controlled four laning with paved shoulder from
Mysore to Kushalnagara Section of NH-275 under NH(O) in the State of
Karnataka (Package V) worth of 6250 CR.
1. Project Execution Capabilities
19
SIGNIFICANT EXPERIENCE AND STRONG TRACK RECORD IN TIMELY EXECUTION OF PROJECTS
Top management’s active involvement at all stages of Project execution
Selection of Major Raw Material
Selection of construction Camp location
Faster Decision making to ensure project completion on schedule
Received Bonus for completion of construction ahead of schedule
NZDJPY BUY | Idea Trading AnalysisNZD/JPY is falling towards a support level which is a pullback support and could bounce from this level to our take profit.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity NZDJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
POLYPLEX: Price ActionOkay, This one was #Requested by @Sensiiiii
Here is all you need to know about NSE:POLYPLEX :
- Stock depreciated about 60 % from its ATH
- It filled the long due Gap and took support from it
- Thence, It has been consolidating for 9 Months now
- Price trading below 200 EMA a.k.a accumulation phase
- The PE was 15 at ATH and after 60% Depreciation, it still stands at 11.5. It's gotten a little palatable (kind of). PB is decent at 1.15
- A strong trendline has been a constant resistance. Given the sideways nature of the price action, A break of it should not impact much.
- Nothing interesting as of now. Things will be set in motion if the price breaks either of the zones (based on its price action) Or some interesting candlestick formation materializes.
What should we analyze next??
Have Requests, Questions, or Suggestions? Let us know in the comments below.👇
While you do that, how about a boost for some motivation🚀
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
Bitcoin(BTC/USD) Daily Chart Analysis For Week of July 26, 2024Technical Analysis and Outlook:
Bitcoin exhibited significant down movement by reaching our Mean Support level at 64000 and subsequently rebounded strongly to retest our Mean Resistance level at 68200, as outlined in the Weekly Chart Analysis for the Week of July 19. The overall trend indicates progression toward the Inner Coin Rally at 70400, a retest of the completed Main Inner Coin Rally at 73200, and striding on to the anticipated long-term target of the Outer Coin Rally at 92000. It's important to note the initial downward pressure on the primary support at 65400 as the coin moves upward.
GROKUSDT SETUP: GO FOR LONG as a EASY RETURNHello Folks !!
Welcome to the quick update of GROKUSDT. As of now, we can see it is trading around 0,00765 and currently at the immediate resistance. If it breaks this resistance, we can easily see a target of 25-20% in the short run and it can reach a price of $0.029 in the long run i.e. within the next 6 months.
We can take a trade with the below details:
Entry: 0.006510 to 0.007561
Short term Target: 0.01120 to 0.01981
STOPLOSS: 0.00611
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
LDOUSDT UPDATE : READY to LAUNCHHello Folks !!
Welcome to the quick update of LDOUSDT. As of now, we can see it is trading around 1.57 and currently at the immediate resistance. If it breaks this resistance, we can easily see a target of 25-20% in the short run and it can reach a price of $1.87.
We can take a trade with the below details:
Entry: 1.54 to 1.57
Target: 1.79 to 1.91
STOPLOSS: 1.47
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
BASF - An Investment pick with more than 70% ROI.The stock has been in an up trend.
It has broken its all time high in 2021 and in good consolidation for 2 years and broken out of consolidation now.
It has broken out of a bullish flag and pole pattern / falling channel pattern in a 3 M timeframe.
One may also consider this for a swing opportunity , RSI intact in all time frames.
Weekly price action shows, that the stock has broken out of falling channel, retested and reversed Consolidated for 7 weeks. Weekly RSI took support at 60 and bounced. Looks ready for a swing. SL - Previous week low at 3155. Target 1 - all time high, 3880.
NOTUSD ( INSIDE SENSITIVE AREA ) (4H)NOTUSDT
HELLO TRADER
Tendency , the price between two turning level around 0.016 & 0.013 .
TURNING LEVEL (1) : the price of this level at 0.016, so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 0.013 , so if the price breaking this level reach a support level (1) .
RESISTANCE LEVEL (1) : this level around 0.020 , for reach this resistance level the price need breaking a turning level (1) .
RESISTANCE LEVEL (2) : around 0.023 , for reach this level it will be breaking by open 4h , 1h candle above resistance level (1) .
SUPPORT LEVEL (1) : this level around 0.009, for reach this support level the price need breaking a turning level (2) .
SUPPORT LEVEL (2) : support level at 0.004 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : if the price corrective turning level (1) it is mean the price trying to reach a support level (1) , so if the price corrective a turning level (2) refers trying to reach a resistance level (1).
TARGET LEVEL :
RESISTANCE LEVEL :0.020 , 0.023 ,
SUPPORT LEVEL : 0.009 , 0.004 .
BTCUSDT: NOT LOOKING GOOD AT ALL IN SHORTER TFHello,
BTC tried hard to reach 72k in the short term but was unable to sustain it. We saw it pumped until 68400 and started dumping from there.
What we can see in the short time frame, it is retesting and may take more dump until 59000.
I would suggest people to wait for the dump to happen and enter the market at the right time. As of now, it feels very risky to hold or trade any position.
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your own research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
EUR/USD Daily Chart Analysis For Week of July 19, 2024Technical Analysis and Outlook:
During the current week's trading session, the Eurodollar exhibited a notable surge once again, exceeding the Mean Resistance level of 1.090 and the previously attained Inner Currency Rally of 1.091, ultimately reaching this week's Inner Currency Rally of 1.094. The prevailing analysis indicates a sustained downward movement towards Mean Sup 1.086 and its corresponding Mean Sup 1.081. The concluded downward movements are anticipated to yield an initial interim rebound, such as Mean Res 1.086.
HINDUSTAN UNILEVER : Updated Price ActionHere are some pointers to keep in mind:
- One year-long consolidation.
- Clearly defined support and resistance.
- 6 Week consolidation at the resistance zone makes the resistance weak
- Recent breakout was prevented with a long upper wick. A.K.A Sellers present.
- Margin of Safety is a mere 6% ( CMP vs ATH)
- There is no clear winner yet as the signals are mixed.
- A break of the consolidation range may lead to zone-to-zone momentum
What is your take on it? Feel free to comment. If it helped, Do Leave us a boost 🚀
Disclaimer: We are not registered advisors. The views expressed here are solely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :)