Definite downward trend. Great buying potential in near future.Hello all traders and learner charters. As you can see definite downward trend.
Some are even saying sell everything.
I added the five year percentages, as you can see its not very promising for the moment,
but definitely promising for anyone wanting to get into nasdaq or SP500.
There are seldom opportunities like this.
I would suggest to keep watching it, as a lot of people who rode the bull market after
Trump call, have taken there profits and sold. This trend will force others to sell as no one
wants to make a loss on nasdaq. So with that in mind, it will be red all over for a while I would say about two weeks maybe even more, but if you just keep on buying little amounts
DCA dollar cost averaging, you will get some good buying positions down low. And then hold them for the next few years. This is a great opportunity. Good luck.
Lonterminvestment
DANA GAS_ Next Target is Wedge Pattern Top, Achieve +99% PROFIT DANA GAS PJSC is forming a Wedge Pattern. The Next Target is the Wedge Pattern Top, Offering a chance to Achieve a +99% PROFIT. A Breakout is expected in the market once this wedge pattern is reached. This is Long-Term Analysis, must follow the Trend Continuation Technique. Guess the 2nd Target ?????
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Kotak bank looking strong amidst debris created by volatilityKotak Mahindra Bank Ltd. is the flagship company of the Kotak Group. It is one amongst the fastest growing banks and most admired financial institutions in India. The Bank offers transaction banking, operates lending verticals, manages IPOs and provides working capital loans. The principal business activities of the Bank are organised into consumer banking, commercial banking, corporate banking, treasury, and other financial services. Kotak Mahindra Bank Ltd CMP is 1823.6.
The Negative aspects of the company are Declining cash from operations annual, FIIs are decreasing stake, Promoter Holding decreasing. The company's Positive aspects are No debt, zero promoter pledge, MFs are increasing stake, Improving annual net profit.
Entry can be taken after closing above 1833. Targets in the stock will be 1862 and 1886. The long-term target in the stock will be 1909 and 1928. Stop loss in the stock should be maintained at Closing below 1754.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.