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GENERAL INS CORP OF INDIA S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:GICRE
by zenthosh
GOLD (XAU/USD) Technical AnalysisDespite recent declines, gold's long-term outlook remains bullish. Several factors support a potential price increase: - Inflationary pressures: Gold is a proven hedge against inflation. - Geopolitical uncertainty: Gold is a safe-haven asset during economic and political turmoil. - Central bank demand: Increasing gold reserves by central banks supports demand. - Potential for lower interest rates: Lower rates make gold more attractive. However, potential headwinds include: - Strong US dollar: Makes gold more expensive for foreign buyers. - Rising real interest rates: Increases opportunity cost of holding gold. Key resistance levels will be closely watched for potential breakouts. A bullish reversal could be on the horizon. Target: $2,670 Stop Loss: $2,600 Wishing you a joyous holiday season and a prosperous New Year! Best Wishes Tom 😎
OANDA:XAUUSDLong
by Tom_Trades_670
Louisiana Pacific (LPX) TrendLPX has been in a very pronounced trend for a little over a year. I dont consider or range trades unless there have been at least 4 clean and easily identifiable "touches" on both ends of the trade. If they arent clean, they dont count although "close" can be counted as identified in the chart posting. I do not like the spike in volume with the mini-candle from Friday. I like 3 days of sideways, low volume trading. However, this will get a look for potential entry. I have been on hiatus for awhile but had I been in the market, I would have taken a trade on the "5th" lower touch of this chart and closed it on the intersection of the upper trend line. It fit my rules for this setup. Anyway, the current trade would be triggered on a break above $105.30. The stop would be below the previous trend low ($96.90). Initial target is on the trend line intersection in the range of $125 - 128. Ideally, this should span 14-21 periods (3-4 weeks) to keep with the pattern. NOTE -- The overall market conditions are sketchy. Keep tabs on the common indexes to ensure they are in concert with each other and in the direction you are looking to trade (long vs short). Right now, they are showing short term corrections so be wary.
NYSE:LPXLong
by chaser012001
(Update) EGLD In Coming Days!The price can continue its upward movement in this bullish channel and rise to $50. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
xauusd , the plan for the next week Hello everyone, As shown in the attached chart... Gold is now trading at levels 2622 - 2626. After the major correction and the liquidation of the areas 2582-2590. The markets are expected to open with a bearish price gap to levels 2610-2603. If this scenario does not happen, a correction will occur to these areas and the rise will continue to areas that we will determine: Upside targets: 1- 2655-2665 2- 2680-2690 3- 2703-27010 Buying areas: 1- 2600-2607 2- 2582-2588 Selling areas: 1- 2655-2665 2- 2680-2690 3- 2703-2710 As always, we will provide you all with updates throughout the week and how to manage deals. MR. Hamza Goldcandle
OANDA:XAUUSDLong
by goldcandle3
Platinum is a solid BUY BUY BUY!The current platinum versus silver chart is screaming to scoop up as much platinum as you can to eventually stack more silver in the future! Benefits of the Platinum vs. Silver Chart Historical Ratio Analysis: The platinum-to-silver ratio measures how many ounces of silver you can buy with one ounce of platinum. Historically, this ratio fluctuates, and investors use it to identify relative overvaluation or undervaluation. For instance, if the ratio is unusually low (platinum is cheap compared to silver), it might signal a buying opportunity for platinum. Conversely, if the ratio rises significantly (platinum becomes expensive relative to silver), you can trade platinum for silver, acquiring more silver than you started with. Market Cycles and Arbitrage Potential: Precious metals don't move in lockstep; they react differently to economic conditions, industrial demand, and market sentiment. Trading between them based on their relative values allows you to profit from these cyclical differences. When platinum is undervalued (as it is now compared to historical averages), it offers more potential for appreciation. Diversification and Inflation Hedge: While silver has high industrial use, platinum’s demand is growing in sectors like automotive (catalytic converters) and hydrogen energy, diversifying your exposure to economic trends. Both metals are excellent inflation hedges, but diversifying into platinum can reduce risks tied to the specific dynamics of the silver market. Asymmetrical Upside for Platinum: Platinum has been historically undervalued compared to gold and silver, meaning its upside potential in a bull market could outpace silver. By investing in platinum now, you're positioned to benefit from a possible price correction. Clear Buy for Platinum (Current Market Analysis) Low Price of Platinum Relative to Silver: If the platinum-to-silver ratio is near historical lows, platinum is likely undervalued. Buying platinum now means you’re acquiring an asset with significant growth potential. Potential to Accumulate More Silver: As the platinum-to-silver ratio rises in the future (when platinum becomes overvalued relative to silver), you can sell or trade platinum for silver. This allows you to increase your silver holdings without additional capital. Illustrative Example Current Situation: Platinum is trading at $900/oz. Silver is trading at $25/oz. Platinum-to-silver ratio: 36:1 (36 ounces of silver per ounce of platinum). Future Projection: If platinum rises to $1,800/oz and silver increases only to $30/oz: Platinum-to-silver ratio becomes 60:1 (60 ounces of silver per ounce of platinum). By trading 1 ounce of platinum, you can acquire 60 ounces of silver, compared to only 36 ounces today. Outcome: You’ve increased your silver holdings significantly by taking advantage of the price ratio. Why Platinum Now? Undervalued Relative to Silver and Gold: Platinum is priced lower than gold and silver on a relative basis, which historically is an anomaly. Growing Demand: Industrial and green energy applications are expected to boost platinum demand. Scarcity: Platinum is much rarer than silver, adding to its long-term value potential. By monitoring the platinum-to-silver ratio and understanding market cycles, you can leverage the undervaluation of platinum to maximize your holdings of both precious metals over time.
OANDA:XPTUSDLong
by AndranikAghazarian
Perhaps a 'Santa Rally' is just one step away to begin in 2024Stock markets often enjoy a seasonal share boost during the festive period. It's been two unpredictable year for stock markets after gloomy 2022 but all we are, traders, investors, TradingViewers are hoping for a successful end-of-year boost in the form of a so-called Santa rally. Shares have much wide, breather and better performance so far in 2024, amid trade and geopolitical tensions, high inflation and high interest rate. So... while children are compiling their Christmas lists, traders also want some sweet candies. Traditionally, festive cheer and holiday household spending make the markets more optimistic during the holiday season, boosting investor portfolios. But will 2024 follow the trend? The "Santa rally", a term coined in 1972 by Yale Hirsch, the founder of the Stock Trader’s Almanac, "describes a tendency for the stock market to go up by 1% to 2%" over final five trading days of the outgoing year and the first two of the new one, said Forbes Advisor . This period has "historically" shown higher stock prices in the S&P 500 SP:SPX 79.2% of the time, says Investopedia . What drives the Santa rally? Reasons for the Santa rally are vary and one explanation is the cheery "end of year mood" that means investors are in more of a "buying temperament" rather than selling shares, which pushes up stock prices Will there be a Santa rally this year? Probably, Yes. September quarter capped off the best 12-months return (+36.36%) for S&P500 Index since the pandemic stock market recovery in 2020, so there are a lot of hopes that stars will align, and momentum in the markets, helped by declining U.S. interest rate, will push prices higher in the run-up to Christmas. Sure, there is "no guarantee", though. Sometimes it happens. Sometimes it is not. The odds of a Santa rally may be in your favor, but the "best option" (author's opinion) is to do nothing, remain invested and be "pleasantly surprised" by another strong month by the new year. The main technical graph for S&P500 Index says that we right now.. already somewhere above to 6'000 points for SPX Index, and just one step to break it out to reach the next one half-a-mile, i.e. 6'500 points by the end of the year. Just follow the major upside trend, that's been taken earlier this summer. And that is all. Merry Christmas y'all, TradingViewers! See you in a Happy New 2025 Year! 💖💖
FOREXCOM:SPX500
by Pandorra
3
SPY to $650 in January?SPY recently retraced to the bottom of our Magic Linear Regression Channel with a large 3%+ move. Today, there was a nice bounce bounce from the channel bottom, back up to yesterday's open. So, what's next for SPY. The Magic Linear Regression Channel shows upside potential to it's baseline back at its recent all-time highs, and the potential for a higher move to the $630-$650 range. However, there is also the potential for it to fall back through the channel. Since we've been in a bull market for awhile now, that channel break would have to happen more definitively in order for that to be a likely scenario. We've recently introduced the Magic Candles PRO indicator, which shows high volume candles that have very little price movement. When paired with the Magic Linear Regression Channel on a 1 day chart, it tends to show reversals at key levels on the Magic Linear Regression Channel. However, because we had a large move down on Weds, Dec. 17th 2024, and a large move up on Friday, Dec. 20th 2024 and ended up at the open of Thurs., Dec. 18th 2024, we get a doji on the 2 day chart that shows a massive "volume hammer" signal not seen since 2019, 5 years ago. This signals that we are on the verge of a large sustained move. Again, because we've been in a bull market, and there aren't any very strong signs that it is over, we suspect that the large sustained move will be to the upside, because of the signal. If the price breaks down out of the channel, then we'll be in for a nice downward ride. Until that happens, though, we're bullish as we approach the all-time high again, and all the way to the $630-$650 range.
AMEX:SPYLong
by mwrightinc
Strategy 2025. Introducing Palantir, BTC Killer Of The Year 2024It's gone 3 months or so since Palantir stock has joined on Friday, September 20 Stock Top Club, also known as S&P 500 stock index SP:SPX . Palantir was one of the strongest contenders for inclusion in the broad market S&P500 Index. This inclusion, as well as Dell (DELL), came after tech companies Super Micro (SMCI) and Crowdstrike (CRWD) also joined the index earlier in this year 2024. Since that, Palantir stock became the best (i.e. #1) S&P500 index performer this year, with current +375% YTD return in 2024, being highlighted at 80.55 USD per share - the new all the history peak reached last Friday, December, 19 at regular session close. What is most important also, even recent Federal Reserve (The US Central Bank) hawkish projections on monetary policy in 2025 were not able to stop the only game in the city, or even make a pause on Palantir leadership. Since Palantir stock is rallying 7th month in a row, the stalkers remain decently far away, swallowing the galactic dust of Palantir shares. Judge for yourself. One of the nearest pursuer, Nvidia Corporation NASDAQ:NVDA (# 4 out of all S&P500 index performers in 2024) is nearly to finish the year of 2024 with +170% return, i.e. lagging against Palantir behind twice. The quite similar things happen with the most popular and heavy c-coin, also known as Bitcoin BITSTAMP:BTCUSD that is currently +130% YTD return in 2024. What is most important also, Palantir stock outperforms both - S&P500 index, Nvidia Corp. and Bitcoin 7th straight month in a row. In human words that means, Palantir stock monthly returns (every single month from May to December 2024) were better against each of mentioned above assets. What is Behind this? On November 4, 2024 Palantir Technologies has announced financial results for the third quarter ended September 30, 2024. “We absolutely eviscerated this quarter, driven by unrelenting AI demand that won’t slow down. This is a U.S.-driven AI revolution that has taken full hold. The world will be divided between AI haves and have-nots. At Palantir, we plan to power the winners,” said Alexander C. Karp, Co-Founder and Chief Executive Officer of Palantir Technologies Inc. Q3 2024 Highlights • U.S. revenue grew 44% year-over-year and 14% quarter-over-quarter to $499 million • U.S. commercial revenue grew 54% year-over-year and 13% quarter-over-quarter to $179 million • U.S. government revenue grew 40% year-over-year and 15% quarter-over-quarter to $320 million • Revenue grew 30% year-over-year and 7% quarter-over-quarter to $726 million • Closed 104 deals over $1 million • Customer count grew 39% year-over-year and 6% quarter-over-quarter • GAAP net income of $144 million, representing a 20% margin • GAAP income from operations of $113 million, representing a 16% margin • Adjusted income from operations of $276 million, representing a 38% margin • Rule of 40 score of 68% • GAAP earnings per share (“EPS”) grew 100% year-over-year to $0.06 • Adjusted EPS grew 43% year-over-year to $0.10 • Cash, cash equivalents, and short-term U.S. Treasury securities of $4.6 billion • Cash from operations of $420 million, representing a 58% margin and $995 million on a trailing twelve month basis • Adjusted free cash flow of $435 million, representing a 60% margin and over $1 billion on a trailing twelve month basis. Is the stock growth fundamentally deserved? Definitely, "Yes". Palantir stock Alpha What is Alpha? Alpha (a) is a term used in investing to describe an investment's ability to beat (outperform) the market, or its “edge.” Alpha is thus also often referred to as excess return or the abnormal rate of return in relation to a benchmark, or any other asset (even against simple sitting in a cash) when adjusted for risk. The main graph represents a comparison across Bitcoin and Palantir stocks. Since Palantir outperforms BTC twice over the past 12 months (watch lower "percent bar chart" subgraph), so why isn't to continue the play, by staying in a long with Palantir, and kill "the new oranges" respectively.
NASDAQ:PLTR
by Pandorra
Bitcoin price is on a crossroadHello, Traders! After reaching a new ATH at $108k, Bitcoin experienced a significant drop following Jerome Powell's speech that the Fed cannot hold Bitcoin and is not seeking to change that, which seems to have caused some uncertainty in the market. As a result, BTC price saw a steep decline, but it recently rebounded, almost touching the $100k level again. The current focus for Bitcoin is a critical support area at around $91k. This area has held up well in recent price action, and we saw a recovery bounce from this region again. There is a strong chance that BTC could revisit this support area in the coming days, and it could provide another opportunity for a potential rebound. This support area is essential because it represents a significant price range where buyers have stepped in to defend the uptrend. If Bitcoin does test this zone again and holds above $91k, the probability of a further upward move remains high. In addition to the immediate price action, there’s a key factor to consider: the monthly candle close. Bitcoin needs to close the current monthly candle above $96k for the market to maintain its bullish sentiment. A green monthly close at this level would provide strong confirmation that the overall trend remains intact and that BTC is on track for further price appreciation. The next few days are critical for determining whether BTC can sustain momentum to close the month in the green. If Bitcoin can hold above $96k by the end of the month, it would signal that the upward trend is still in play and that a continuation toward higher levels could be on the horizon. Looking ahead to next week, there are two possible scenarios: 1. Continued Support Test: Bitcoin may dip back towards the $91k support area. If this area holds strong, it could set up another bullish reversal, targeting a move back toward the $100k area or even beyond. 2. Break Below Support: If Bitcoin fails to maintain support in the $91k area, we could see further downside, potentially testing lower levels. In this case, caution is warranted, as the next major support zone would be considerably lower. Conclusion The next week could be crucial for Bitcoin’s price action. A monthly candle close above $96k would reinforce the bullish outlook, but if Bitcoin fails to hold support or closes the month in red, we may see more volatility in the near term. Please don’t forget to boost this idea and leave your comments below.
by Real_CryptoRoy
1