buy chfjpy
Breakdown of its corrective downtrend and break the previous peak, the target of the previous peak and close to the pivot
Longterm
$PSNY it's not TESLA but...It looks like an good investment.
Cars look good and once the electronic parts are better.
it will Fly.
Its from Sweden, so they wont sleep till they have superior quality!
$PSNY it's not TESLA but...It looks like an good investment.
Cars look good and once the electronic parts are better.
it will Fly.
Its from Sweden, so they wont sleep till they have superior quality!
SAREGAMA INDIA have Broken and Sustained at Retrestment LevelCompany is almost debt free.
Company has delivered good profit growth of 29.6% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 36.0%
Company’s Operating Revenue for Q4 FY24 stood at Rs 2,631 Mn growing at 29% both on YoY as
well as QoQ basis, with a strong adjusted EBITDA of Rs.864 Mn registering a YoY growth of 40%.
Company delivered a PBT of Rs 760 Mn with a 31% YOY growth.
Company’s Revenue from operations for FY24 stood at Rs 8,030 Mn with a strong adjusted EBITDA
of Rs. 3,029 Mn with a margin of 38%.
Company delivered a PBT of Rs 2,708 Mn with a 34% Margin
and PAT of Rs 1,976 Mn for FY24
Key Operational Highlights:
➢ The company’s strong performance is led by growth in music licensing on account of strong
advertisement revenues driven by its investment in new music and the revenues generated
through the artist management vertical
➢ This quarter saw music release of A.R.Rahman and Diljit Dosanjh’s Chamkila, Ajay Devgn’s
Maidaan, Ram Charan and Kiara Advani’s Game Changer, Yami Gautam’s “Article 370”,
Mohanlal’s Malaikottai Valliban, Diljit Dosanjh single Love Ya, multiple songs by Bhojpuri star
Neelkamal, Pawan Singh and Gujrati’s No.1 singer Rakesh Barot.
➢ During the Quarter, Company released 290 plus Originals and Premium Recreations
across Hindi, Bhojpuri, Gujarati, Punjabi, Tamil, Telugu, Malayalam, Marathi and
Bengali languages. Company also released 2,000 plus derivatives (LoFi, Trap Mix,
Cover, Acoustic etc.) which is driving the popularity and growth of its catalogue.
➢ The other highlight of the quarter was the use of our songs for Shahid Kapoor and Kriti Sanon
starrer 'Teri Baaton Mein Aisa Ulhja Jiya' (Hindi), for Mahesh Babu’s 'Guntur Karam’(Telugu),
for Dulquer Salmaan’s'King of Kotha’ (Malayalam) etc. and by brands like HUL Lux, Meesho,
Junglee Rummy, Andrex etc. in their ad films.
➢ Riding on the success of its Tamil Serial “Ilakkiya”, Company started its Malayalam remake
“Mangalyam Thanthunanena” on Surya Tv. We released “Crushed Season 4” series from Dice
of Pocket Aces on Amazon mini-TV.
➢ In Q4FY24 Yoodlee released Mohanlal starrer “Malaikottai Vaaliban” , Tovino Thomas starrer
“Anweshippin” in Malayalam and Gippy Grewal “Warning 2” in Punjabi.
➢ Digital footprint across Saregama owned and controlled channels touched 239Mn followers
and subscribers across YouTube, Instagram and Facebook.
SAREGAMA INDIA LTD have Broken its Long Retrestment LevelCompany is almost debt free.
Company has delivered good profit growth of 29.6% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 36.0%
Company’s Operating Revenue for Q4 FY24 stood at Rs 2,631 Mn growing at 29% both on YoY as well as QoQ basis, with a strong adjusted EBITDA of Rs.864 Mn registering a YoY growth of 40%.
Company delivered a PBT of Rs 760 Mn with a 31% YOY growth.
Company’s Revenue from operations for FY24 stood at Rs 8,030 Mn with a strong adjusted EBITDA
of Rs. 3,029 Mn with a margin of 38%.
Company delivered a PBT of Rs 2,708 Mn with a 34% Margin
and PAT of Rs 1,976 Mn for FY24
Key Operational Highlights:
➢ The company’s strong performance is led by growth in music licensing on account of strong
advertisement revenues driven by its investment in new music and the revenues generated
through the artist management vertical
➢ This quarter saw music release of A.R.Rahman and Diljit Dosanjh’s Chamkila, Ajay Devgn’s
Maidaan, Ram Charan and Kiara Advani’s Game Changer, Yami Gautam’s “Article 370”,
Mohanlal’s Malaikottai Valliban, Diljit Dosanjh single Love Ya, multiple songs by Bhojpuri star
Neelkamal, Pawan Singh and Gujrati’s No.1 singer Rakesh Barot.
➢ During the Quarter, Company released 290 plus Originals and Premium Recreations
across Hindi, Bhojpuri, Gujarati, Punjabi, Tamil, Telugu, Malayalam, Marathi and
Bengali languages. Company also released 2,000 plus derivatives (LoFi, Trap Mix,
Cover, Acoustic etc.) which is driving the popularity and growth of its catalogue.
➢ The other highlight of the quarter was the use of our songs for Shahid Kapoor and Kriti Sanon
starrer 'Teri Baaton Mein Aisa Ulhja Jiya' (Hindi), for Mahesh Babu’s 'Guntur Karam’(Telugu),
for Dulquer Salmaan’s'King of Kotha’ (Malayalam) etc. and by brands like HUL Lux, Meesho,
Junglee Rummy, Andrex etc. in their ad films.
➢ Riding on the success of its Tamil Serial “Ilakkiya”, Company started its Malayalam remake
“Mangalyam Thanthunanena” on Surya Tv. We released “Crushed Season 4” series from Dice
of Pocket Aces on Amazon mini-TV.
➢ In Q4FY24 Yoodlee released Mohanlal starrer “Malaikottai Vaaliban” , Tovino Thomas starrer
“Anweshippin” in Malayalam and Gippy Grewal “Warning 2” in Punjabi.
➢ Digital footprint across Saregama owned and controlled channels touched 239Mn followers
and subscribers across YouTube, Instagram and Facebook.
🥇Gold Analysis:Long-Term Trend and Key Scenarios👑🔍Let's dive into today's analysis, which is different from our usual cryptocurrency reviews. Today, we'll be analyzing gold on the weekly timeframe, as this is our first gold analysis in the channel. We'll start with a broad overview of the chart and later delve into lower timeframes.
⌛️As you may know, gold's long-term trend has historically been bullish. This is largely due to the persistent inflation in the United States, which averages around 4-5% annually. This means that the dollar loses about 5% of its value each year compared to the previous year. Since gold is traded relative to the US dollar, it naturally appreciates by approximately 5% annually, assuming no significant global events occur.
🤔However, US inflation is not the only variable affecting gold prices. For example, geopolitical events like wars can drive gold prices higher. This happens because countries feel threatened and central banks around the world increase their gold reserves as a safe-haven asset.
📰Other factors also influence gold prices. For instance, during Indian festivals, gold prices often rise due to the cultural tradition of wearing significant amounts of 24-karat gold in their festival attire.
📣Discussing all the factors would be too lengthy and beyond the scope of this analysis. The three examples mentioned above illustrate that the long-term bullish trend of gold is logical and expected.
📊 Technical Analysis
Now that we understand gold's long-term trend, let's examine the chart to explore potential scenarios from a technical analysis perspective. Before detailing the scenarios, we'll review the market's past behavior to give context to our projections.
📆Historically, gold has faced significant resistance between 2014 and 2071, with the price being rejected three times at this level. However, it eventually formed a higher low at 1815, above the previous low of 1619, and managed to break through this resistance zone. Currently, the price has reached the 0.786 Fibonacci extension level, where upward momentum has decreased, indicating potential weakness in the bullish trend. Despite this, the trend remains bullish until confirmed otherwise.
🪄 Potential Scenarios
📉 Correction Scenario : If a correction occurs from the current area, the first key level to watch is the 0.236 Fibonacci retracement, coinciding with 2238. The next critical zone is the golden zone (0.5 to 0.618 Fibonacci retracement), aligning with the previously broken resistance area, making it a strong and reliable support zone. Additionally, the 25 and 99 SMAs are significantly below the current price, suggesting a potential gravitational pull towards these moving averages. The initial target for the correction is 2238, with the second target between 2014 and 2071.
📈 Continuation Scenario : If the price continues its upward movement and breaks above 2434, the next target would be 2719. However, this scenario seems less likely due to several factors: the price is near a significant resistance, showing signs of trend weakness, it's far from the moving averages, the RSI is diverging after exiting the overbought zone, and the candle patterns suggest decreasing volume, which often precedes corrections. Moreover, a healthy uptrend typically requires periodic corrections to remain sustainable; otherwise, the trend becomes unreliable and prone to sharp reversals.
📝In conclusion, while gold has a long-term bullish trend driven by economic and geopolitical factors, the current technical indicators suggest a potential short-term correction. Monitoring key levels and market behavior will be crucial for making informed trading decisions. For long-term investors, understanding these dynamics can help in identifying optimal entry points. If you enjoyed this analysis and want to support me, please boost this analysis. Feel free to leave a comment or suggest a specific asset for future analysis.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
🫶If you enjoyed this analysis and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
ETH - Deja Vu🦋Hello TradingView Family / Fellow Traders,
For those who know me, I always enjoy studying previous price action.
📌Today, I want to share an interesting pattern I found on ETH.
Back in Summer 2021, ETH experienced a parabolic bullish impulse (depicted in blue), followed by a correction (shown in purple) to reject the $3000 support before commencing another bullish impulse movement.
If we apply the same logic to the current price action, ETH is currently in the correction phase, rejecting the $3000 support.
Thus, I will be looking for buy setups on lower timeframes, speculating on the next bullish impulse movement.
Of course, this pattern will be invalidated if the $3000 mark is broken downward.
🗒 What do you think? Will history repeat itself?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember:
All Strategies Are Good; If Managed Properly!
~Rich
Gold - Kickstarting the Next Impulse!📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 XAUUSD has been overall bullish , trading within the rising channel in blue.
Currently, XAUUSD is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting the previous ATH marked in red.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red previous ATH and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #Gold approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin Long to 70000$🔥🔥I entry long position on Bitcoin futures.
Long position: 61200$
Stop loss: 59000$
1)Teyk proff: 64000$
2)Teyk proff: 67000$
3)Teyk proff: 70000$
If we pay attention to the US news and interest rate changes, we can see the price change soon.
The Bitcoin ETF has shown green buying colors after several days of negative selling.
After the inflation of the dollar, we are on the side of a sharp rise in the price of Bitcoin.
We may not see significant price action for 60 days. The market is looking like a cheater right now.
OIL - Getting Slippery?🩸Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 After breaking below the last major low marked in red at $84.5, OIL has been overall bearish , trading within the rising channel in blue.
📈 For the bulls to regain control, a break above the last major high marked in blue is needed.
📚 Meanwhile, OIL would be bearish and can still trade lower to test the $75 - $76.25 support zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
#QTK, THE BACKTESTING PLATFORM COIN, COULD SURGE 20-30X!QuantCheck (QTK) is a platform designed to enhance cryptocurrency trading strategies by providing users with the ability to simulate past market conditions. It's akin to a tool that allows traders to test their strategies as if they were using a time machine. With a limited supply of just 120.75 million tokens, there's substantial potential for growth. Having utilized the platform myself, I find it immensely beneficial.
The recent launch of the QTK token has sparked my interest, and I see parallels between its potential and that of AITECH. I've made a significant investment in QTK, motivated by both its effective product and promising tokenomics.
As of now, QTK is trading at around $0.65, with an accumulation zone estimated between $0.70 and $0.64. In the short term, over the next 4 to 8 weeks, I anticipate a price target ranging from $2 to $5. Looking ahead to the mid-term, spanning 3 to 6 months, I foresee potential targets of $5 to $12. In the long term, I believe QTK could reach heights of $20 to $30.
I'm optimistic about the future of QTK, considering both its technical aspects and fundamental strengths. Feel free to share your thoughts and analysis in the comments.
DYOR,NFA
#SWSOLAR Closed Above its All Time High Long-Term Opportunity KEY HIGHLIGHTS FOR FY24
Unexecuted order value at INR 8,084 crore as of Mar 2024 compared to INR 4,913 crore as of Mar 2023
Company has received new orders / LOI in two projects worth -INR 488 crore during the quarter including being declared L1 for a second floating solar module project in the country
Company received its second international order in Q4 from Enfinity for a BOS project in Italy amounting to EUR 20 mn
We have received total orders/LOI in 13 projects worth INR 6,023 crore in FY24 compared to new order inflow of INR 4,387 crore in FY23
P&L of the company has begun to revive in FY24
Consol revenues up -51% YoY
Achieved positive consolidated EBITDA in FY24
Domestic EPC gross margins continue to operate within our target range
Achieved PBT/PAT profitability in 4QFY24
Rationalization of overheads continue to progress with FY24 overheads at -INR 333 crores compared to -INR 382 crores in FY23
The company has significantly de-leveraged the balance sheet in FY24
Total net debt of -INR 116 crore, compared to net debt of-INR 1.966 crore in FY23
No upcoming debt repayments till 3QFY25
#KIRLPNU just Broken All Time High With Good Fundamentals
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 20.4% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 31.6%
Business Highlights
Order Board as on 1st April 2024 of Rs. 1,475 Cr., 28% more than last year.
FY 24 Operating Revenue @ Rs. 1,323 Cr.
24% Y-O-Y growth in PBT
Setting up of forging facility at Nashik as a part of vertical integration.
Launched new products —
Tezcatlipoca - a Centrifugal compressor
Atmos Aria - a off shelf screw compressor
Jarilo-A Bio - gas Compressor
BTC - Accumulation or Short Buildup❗️Hello TradingView Family / Fellow Traders,
BTC has been hovering within a narrow range marked in red around the $60,000 - $62,000 support zone.
Scenarios:
1️⃣ Bullish - Accumulation
For the bulls to take full control again, a break above the upper bound of the range is needed.
In this case, a movement towards the $69,000 resistance would be expected.
2️⃣ Bearish - Short Buildup
In parallel, if the $60,000 support is broken downward, we expect a bearish movement towards the lower bound of the orange channel around $55,000.
Which scenario is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
MATIC - Clean and Clear ❗️Hello TradingView Family / Fellow Traders,
On Weekly: Left Chart
MATIC has been hovering within a big range in the shape of a flat rising channel marked in blue.
Currently, MATIC is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes.
On Daily: Right Chart
📈 For the bulls to take over, we need a momentum candle close below above the last major high highlighted in gray.
📉 Meanwhile, MATIC would be bearish short-term and can still trade lower inside the weekly support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
ALICE/USDT Long in Spot🔥🔥I bought in Spot ALICE/USDT from $1.17 in the spot wallet. It certainly
won't hurt if you buy it long-term. 2024 is expected to have many
innovations in Crypto industries. The selling plan is basically no worse than
TP1: $2.347
TP2: $4.751
TP3: $9.661
Looks, like we are ready to go long! 🚀#Bitcoin Monthly Chart
After the breakout of the previous all-time high, BTC is currently retesting it.
The most possible scenario for Bitcoin, in my opinion.
What are your views on this chart?
MBOX/USDT Long in SpotI bought in Spot MBOX/USDT from $0.337 in the spot wallet. It certainly
won't hurt if you buy it long-term. 2024 is expected to have many
innovations in Crypto industries. The selling plan is basically no worse than
TP1: $0.767 TP2: 1.061 and TP3: $1.661
SasanSeifi 💁♂ TONCOIN -$10 /$14 ❗❓🤔Hey there,✌
Toncoin ( KUCOIN:TONUSDT ) has demonstrated a remarkable upward trend, surging over 250% after breaking through the $2.50 resistance zone. While the price has encountered resistance at the $7.50 level and is currently trading around $6.00, key support levels at $5.00 and $4.00 could present attractive entry points for long-term investors in the event of a price correction.
From a long-term perspective, TON has the potential to continue its upward trajectory, aiming for the $10.00 and $14.00 resistance zones. However, it is essential to observe how the price reacts to these support levels during any potential correction to understand the continuation of the price trend better.
Remember, this analysis is based on technical indicators and price movements and should not be considered financial advice. Conduct thorough research and due diligence before making any investment decisions.
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Bitcoin Long Active Full🔥🔥I entry long position on Bitcoin futures.
Long position: 61200$
Stop loss: 59000$
1)Teyk proff: 64000$
2)Teyk proff: 67000$
3)Teyk proff: 70000$
If we pay attention to the US news and interest rate changes, we can see the price change soon.
The Bitcoin ETF has shown green buying colors after several days of negative selling.
After the inflation of the dollar, we are on the side of a sharp rise in the price of Bitcoin.
We may not see significant price action for 60 days. The market is looking like a cheater right now.
Bitcoin Retest 72000$🔥🔥If we pay attention to the US news and interest rate changes, we can see the price change soon.
The Bitcoin ETF has shown green buying colors after several days of negative selling.
After the inflation of the dollar, we are on the side of a sharp rise in the price of Bitcoin.
We may not see significant price action for 60 days. The market is looking like a cheater right now.
SOL - Massive Demand Ahead 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 After rejecting the $200 round number, SOL has been bearish as a correction phase.
🏹 The $100 - $115 range is a massive demand zone to look for buy setups and capture the next bullish impulse movement.
📚 As per my trading style:
As #SOL nears the demand zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDJPY - Still Bullish Long-term 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), USDJPY rejected the $160 resistance and traded lower.
What's next?
📈 USDJPY is still overall bullish , trading inside the rising channel in red.
At present, USDJPY is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a previous major high marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green zone and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #USDJPY is hovering around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
