#HINDUSTAN ZINC #HINDZINC"Record annual silver & metal production with strong cost resilience amidst lower zinc prices;
PAT at INR 7,759 Crore."
Key Highlights :
Hindustan Zinc is now the 3'd largest silver producer globally, with highest silver annual
production, up 5% y-o-y
Holds 2nd largest zinc reserves and resources globally
Industry leading production growth rate with best-ever annual metal production
Highest-ever quarterly refined metal production for 04 FY24, up 6% sequentially
1st decile of the global zinc mines cost curve; lowest annual COP in last 3 years at US$
1,117/MT
Quarterly Revenue up by 3% and EBITDA up by 2%
Ranked first globally in S&P Sustainability Assessment in Metals and Mining sector
Multitimeframeanalysis
Shakti Pumps - Ready to Pump Higher :)Shakti Pumps - Comparison of Quarterly Chart vs Weekly
Today price was locked in 5% UC
Quarterly View: Long Term
On Quarterly, the price is following a 12 Year Parallel Channel
Cup and Handle BO done on Monthly for Target of 2105
Weekly View: Short Term
On Weekly - Price is seeing to be travelling in a smaller Parallel Channel
Inside the parallel Channel, repeated Cup Patterns (Rounding Bottom) seen
Latest Rounding Bottom BO confirmed on weekly above 1605 for Short Term Target of 2055
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
IOC - One Cup Leads to Another :)Indian Oil Corporation - Comparison of Monthly Vs Weekly Chart
Monthly: Long Term View
Price Travelling within a Parallel Channel for nearly 3 Decades
Multi-Year Rounding Bottom BO Done above 154 for Target of 260
Weekly: Short Term View
Another Small Rounding Bottom BO which was triggered at 114 for Target of 180
As you can see on the Weekly chart, 180 Target was reached and Price retraced to test the Monthly Rounding Bottom BO zone at 155 and bounced beautifully
Both on Weekly and Monthly, price respected the levels perfectly. Next Target 260
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Bajaj Hindustan - On Sugar Rush :)Bajaj Hindustan Sugars is in Super Bullish Mode off late. Let's compare the Weekly Vs Quarterly pattern below
On Weekly:
1. Price is about to BO of Rounding Bottom Pattern above 40.5 for Target of 54
2. Fibonacci 0.618 retracement for Targets of 42, 50
On Monthly:
1. Inv Head and Shoulder BO confirmed on Monthly for Target of 54 (which is matching the Rounding Bottom BO on Weekly)
2. Larger Rounding Bottom BO pending above 40.5 for Target of 78
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Vedanta - Multi-(Dividend, Demerger, MultiYear BO, Bagger) :)Vedanta has always been in the News for multiple factors - both Positive and Negative
Though Metal Stocks are Cyclical, it has come back into Focus at right time. While Nifty Metal index has broken out and all Metal stocks are in limelight now, here are some critical factors that make Vedanta one of the Best among Metal Picks
Multi-Year Box Breakout:
16 Year long Breakout pending above 485 and this opportunity comes at right time when China looks weak and Indian Metal stocks are in focus.
Multi- Bagger Pick :
Above 485 WCB, Target is a Whopping 910++ Almost 2x to 3x from CMP. Usually when stocks BO after so long, they usually rally much higher than the pattern target so, expect close to 1200++
Multi-Demerger Stock:
Vedanta has informed in Sep 2023 that it would split into 6 separate listed entities
Vedanta Aluminium
Vedanta Oil & Gas
Vedanta Power
Vedanta Steel and Ferrous Materials
Vedanta Base Metals
Vedanta Limited
And Investors would get free stocks of all 6 entities which over next few years will become Multibaggers
Mult-Dividend Stock:
Between 2022-2024, Vedanta topped the list of stocks with Highest Dividend Yield. Almost 35% or more was the dividend yield paid by Vedanta. The main reason for such huge dividends is because its Parent in UK was significantly Debt ridden and these dividends were paid to offset the debt of the Parent as it had majority share holding of the child company. And we - retail investors - got mutually benefitted by holding vedanta stock
Double Bottom Breakout:
On Monthly price has formed a Double Bottom BO for Target of 485. This will take it to the BO ZONE of Multi Year Box Pattern. So double confirmation of fast upward rally
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Weekly #EURUSD analysis, 29 April - 3 May. Weekly time frame:
1. Swing is bearish, INT is bearish.
2. Price reached above the EQ and shifted bearish, As sign that the swing pullback is over.
3. After iBOS price pulled back to the extreme and did bearish CHoCH as a sign that the pullback
phase is over.
4. Price has reacted to the old demand zone, and reached the supply that caused the break.
We expect to continue bearish.
Confluence from LTF.
Daily time frame:
1. Swing is bearish, INT is bearish.
2. After iBOS we can expect INT pullback.
3. The pullback phase is now ongoing.
Now we can play longs to target at least the EQ of the range.
4H time frame:
1. 4H swing is bearish, INT is bearish.
2. After swing BOS we can expect swing pullback.
3. Price reacted from this POI, But did a bearish CHoCH.
Reaching the supply area that caused the
CHoCH.
4. Maybe we are ready to start looking for shorts.
Follow LTF.
15M time frame:
1. Swing is bearish.
2. Price has pulled back to the extreme demand area on 15M TF & 4H supply.
INT structure is still bullish, but we can expect to turn bearish to start the new 15M swing leg.
Compressing the Compressor - Elgi EquipmentElgi Equipment - This Railway Themed Compressor stock in long term is travelling within a Parallel Channel for 24 years since 2000.
*Quarterly Timeframe:* Multiple attempts since past 2+ years to break the top of the Parallel Channel. Currently in April 2024, the BO has been confirmed for Targets of 800, 885
*Weekly Timeframe:* On weekly, we see a clean and strong Bullish Continuation Candlestick Pattern - the famous 2 Black Crows. The pattern has formed right above the Long Term Parallel Channel and stayed above for more than 4 weeks now. The next resistance is at 705. Once broken decisively - 800, 885 would be in sight
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Daily #EURUSD analysis, 25 April.4H time frame:
1. 4H swing is bearish, INT is bearish.
2. After swing BOS we can expect swing pullback.
3. Reaction from 4H POI near the EQ of the INT range.
It could be the end of the pullback phase.
For more info keep following LTF.
15M time frame:
1. The 15M swing is bullish now.
After swing BOS we expect a swing pullback phase.
2. The swing range is not that big compared with the previous ranges, so the pullback phase
couldn't be that deep with this bullish momentum.
3. Swing is bullish, INT is bullish.
Following OF is the best decision.
multiyear breakout+a typical rounding boottom The above company looks a good chart to keep on watchlist
the fundamental changes are something to watch closely .
NOW talking about levels, 1400 strong positional basis support area
where a retest if takes place would be a fresh add on current entry positions
a break out taking place after 2015 ie approx 9 years is something to be truly particpate into !
expect 2300 & 2770 targets in 18 months with stop loss below 1250
Pudumjee Paper - Ready to Print Currency Notes :)There is no Election without Liquor & Briyani, and neither without Advertisements about each political Party
Liquor, Media, Paper stocks were expected to Rally from couple of months back, but none of them picked up the Rally until now where many portions of India has already completed Election
Anyways, our earlier Pick of Paper Stock - Pudumjee Paper is all gearing up to print Money Bills soon
Comparison on Daily, Weekly and Quarterly charts clearly articulate how Support and Resistance works and how each pattern contributes incrementally to another larger chart Pattern
Quarterly View: 7 Year Rounding Bottom Breakout done. In between, the Price also had a Fib 0.5 scale retracement and Bounce with Extended Fib Targets as shown below
Fib 1.618 Target = 98
Fib 2.618 Target = 139
Weekly View: Look at the Long Dragon Fly Doji pattern on the week of 11th March. Its a very important structure as it tested and bounced from 2 support levels.
The Wick bounce from the Previous Cup and Handle BO at 55
The Candle body finished above the Multi-year Rounding Bottom BO Trendline (highlighted in Quarterly chart)
Daily View: On the Daily, there are 2 bullish structures
Inverted H&S - On verge of BO above 75 for Target of 98 - which matches FIB 1.618 target of Quarterly
Rounding Bottom - BO pending above 84 WCB for Target of 114
As you can see the structures, patterns, supports, resistances and Targets of one Pattern has overlap / leads to the components of next larger pattern. These are NOT coincidences. This is how Chart patterns do get formed based on People Behaviour which is repetitive and which is governed by 2 main aspects (Greed & Fear)
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
EurUsd - How long will Risk-On sentiment last?Hello traders.. For EurUsd we observed a very nice swing to the upside over the previous day of trading as decent Eur data beat Usd data for services and manufacturing PMI. We saw initial upside with the Eur data shortly after London open and this was followed by a pullback. Only until more data was released during NY session , we were to see another bounce to the upside. Risk on sentiment was the name of the game today as the Dollar index sold off with the Bad USD data. This was also coupled with a descending Vix and rising U.S. stock indexes leading up to and with the Bad USD data. The monthly candle is currently pulling back up. The weekly candle has shot past the previous weekly high by about 15-20ish pips. The Daily candle closed strongly bullish today, suggesting some more upside moving into this next day of trading.. we have no news in the upcoming session. Asian has pushed up slightly to begin the day. Key prices to watch in the upcoming session 1.0701, 1.06936
Daily #EURUSD analysis, 24 April.Daily time frame:
1. Swing is bearish, INT is bearish.
2. After iBOS we can expect INT pullback.
3. The pullback phase is ongoing, Now we can play longs to target
at least the EQ of the range.
4H time frame:
1. 4H swing is bearish, INT is bearish.
2. After swing BOS we can expect swing pullback.
3. Bullish CHoCH is a sign that the INT pullback has started.
Now we can play longs targeting at least the EQ of the range.
4. The price hit a supply area, but it is not that strong to motivate the price to shift bearish again.
we could just see a reaction from it.
Follow LTF.
15M time frame:
1. The 15M swing is bullish now.
After swing BOS we expect a swing pullback phase.
2. INT structure is bullish, but it could shift bearish at any moment to facilitate a 15M swing pullback.
3. We can play longs following the INT structure.
Or we could wait for a clear shift to play shorts (Swing pullback phase).
Daily #EURUSD analysis. 23 April.4H time frame:
1. 4H swing is bearish, INT is bearish.
2. After swing BOS we can expect swing pullback.
3. Bullish CHoCH is a sign that the INT pullback has started.
Now we can play longs targeting at least the EQ of the range.
Follow LTF.
15M time frame:
1. The 15M swing is bullish now.
After swing BOS we expect a swing pullback phase.
2. Price pulled back to the extreme mitigated the last POI and shifted bullish with a CHoCH.
3. INT structure aligned with swing (bullish).
Now we can look for longs targeting weak swing 15M high.
EurUsd: Short-Term Eur strength & Pullback possibleHello Traders.. Another week and more price action to anticipate in the Forex market. EurUsd: As we enter the 4th week of April our Monthly candle is still bearish with a solid bearish body. Last week we came very close to a Monthly support level at 1.057. The low of the week was on Tuesday and coincided with a Hawkish Fed speech. The weekly candle closed bullish and we now have a weekly support level at 1.0649. The weekly candle closed a small body doji - looking candle with a larger top wick. The new week gapped up 5 pips. The daily candle's price action from last week looks quite subdued. Looking for buys on EurUsd still apears risky to me as we still have hot jobs data and rising inflation. We had hawkish fed speech last week which means higher potential rates for the USD. This means USD could be increasingly used in the Carry trade, an even better reason to look for USD strength. Not much has changed and yes we can observe a pullback , with Eur Strength. Overall bearish on EurUsd but trading a pullback to the upside is definitely possible. We'll have to see how EurUsd reacts with the Daily resistance level 1.06726. The USD Index ended last week pulling back from a Daily Resistance level.. and we've done exactly that after 8 hours at the beginning of this new week. This could indicate Eur strength in the coming 2 sessions. Although I'm anticpating a higher Vix and lower Oil prices. It may be too early in the week for a Lower EurUsd.. we may observe short term Eur strength as a result.
U.S. Stock Indices, signs of Relief? 🏛️hello traders.. the U.S. stock indices have been getting pounded by bearish sentiment related to new war conflicts. Also, they were due for a pullback as things have been quite bullish the last few months. Price currently is testing a Daily support level on Nasdaq at 17,500. The NYSE 1hr candle just closed strong bearish below our Daily support level and we are currently retesting structure to continue bearish. A 4hr zone at 17,410 may be the last hope for bears before another selloff takes place to retrace another 2 percent to 17,164 Daily support level. We currently have bearish momentum in the Risk-On stock markets. We had retail sales come out much better than expected earlier this week but this didnt do much at all for price. Strong jobs data and increasing inflation in recent months have increased price a decent amount and this looks like a healthy pullback for profit taking and liquidations.
Crude Oil retraces on Conflicts🛢️Hello traders.. WTI Crude Oil has been dropping since the beginning of the conflict this past weekend between Iran and Israel. We are trending bullish so far on the year and are up 14%. Price is pulling back this week and we recently touched into a Daily support level 81.25 where we observed a bounce. I dont believe sellers are completely out on this bearish retracement and am looking for a retest of the Daily level 81.25. We have a 4hr resistance zone at 82.30 that may aid in facilitating a move back down.
Gold stuggles at the Highs of the weekly range 2,393 🪙Hello traders.. gold has been making all time highs. The last all time high was created with consumer sentiment news that miss forecast for the USD last friday. Since then we've been going sideways and are currently in a 4hr range between 2,393 and 2,360. The weekly candle is bullish & the last 2 daily candles have closed bearish. The 1hr candle is currently bearish during Thursday NYSE as price appears to be rejecting the Daily resistance (2,383) once more. We may retrace back to the bottom of the range at 2,360
Change in Sentiment? 😐 EurUsdHello Traders.. EurUsd just dropped off last week. Those market participants who caught this massive selloff may be thinking of taking some chips off the table. This coincides with a bullish trend in bond yields and the S&P futures wasting no time heading to the upside to begin the week. The Iran and Israel conflict adds a layer of complexity to this new week of money movement. In the short term I am looking to the upside on EurUsd as the new weeks kicks off. The previous weekly candle closed with a 14 pips bottom wick and a 195 pips body. Some exhaustion from sellers may cause the buyers to take over to begin the week here for EU. My short-term targets for the next sessions are 1.06840. We may recieve a pullback to consolidate and retest 1.06325 as well prior to more buying pressure on EU. Caution, this is a countertrend analysis and should be taken with a grain of salt. Not Financial advice, just for general information and educational purposes only.
AVAXUSDT. Looking for salesHello traders and investors!
On the daily timeframe, we observe a sideways trend. The buyer's vector 4-5 has played out. The price is at the upper boundary of the sideways trend, and we can consider looking for sales as an idea to implement the seller's vector 5-6 with the first target at 40.07 (then 34.83, 32.3). After the previous review, we notice a strong resumption of the seller from the upper boundary of the sideways trend at 49.96. I anticipate that the price will test the local minimum of 44.97.
On the daily timeframe, we also see a sideways trend. The current seller's vector is 8-9 with the first target at 45.17.
It's preferable to look for sales from the upper boundary of the sideways trend on the hourly timeframe, ideally from the seller's protection level at 48.17. Alternatively, look for sales below the level of 44.97 in the absence of buyers there.
ORDIUSDT. Looking for salesOn the daily timeframe, there is sideways movement. The bearish vector 7-8 is relevant.
On the hourly timeframe, there is sideways movement. The bearish vector 11-12 is relevant.
I believe that we will see a bearish movement.
Sales should be looked for in the red zones - seller zones (blue zones - buyer zones).
Targets on the hourly timeframe - 61, 60.
Targets on the daily timeframe - 55.2, 49.