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Crucial day for NAS100Today is a crucial day for the NAS100 index, as it faces a critical level at 21,245. The price action here will determine the short-term direction of the market. If NAS100 manages to break above 21,245, it could signal a continuation of its upward momentum, potentially reaching new all-time highs, with a target of 22,200 by January 2025. However, if the index fails to break this level and instead stays in a range-bound consolidation for a few days, the price may hover in the current levels, waiting for further clarity. A key support level to watch is 20,700; if the NAS100 refuses to fall below this price, the index could build enough strength to push towards the 22,200 target. On the other hand, if the index breaks below 20,700, it may retest the base of the channel at 20,517. A breach of this level could lead to further downside, with 19,500 as the next target, followed by 18,300. In the worst-case scenario, a breakdown could push the index all the way down to 17,400. Thus, today's price action is vital for determining whether the NAS100 will reach new highs or face a deeper correction.
FUSIONMARKETS:NAS100
by QuantumFusionWave
GOLD HIGHT PROBABILITY SETUP!!According to Candle Range Theory (CRT), GOLD price swept the previous week high (CRT LOW), and this daily candle (today's candle (22/11/2024)) must close below the previous week high (CRT HIGH). If this daily candlestick closes below, the whole week next week (25/11/2024) gold will be selling (bearish). The target will be Previous week low (CRT LOW). Another thing, on weekly timeframe you will see gold has touched the bearish fair value gap (FVG) which was our internal range liquidity (IRL) but on Daily timeframe we still have to touch the bearish FVG with a rejection, then we can sell. “I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.” - Jim Rogers
OANDA:XAUUSDShort
by Siphesihle_Brian_Thusi
Update to Dow Jones Industrials Time At Mode Back in 2015 I had published a chart with annual data for the Dow Jones Industrials. I will provide a link at the bottom. The research for this patterning is something I did myself by hand using pencil and paper back in the 1980's. These patterns show up in all time frames. There is plenty of room to enhance the research on this technique and a group of us gather in the chat rooms here at TradingView to discuss new trades that set up and point out when trades expire. Notice how these two grey boxes (which are both 50% drops in price) that expand wider in time from the 1960's to the 1980's and the 2000-2010's had a multi-year trend, followed by a monster crash (1987 was 40% and 2000 was 37%) and then just two+ years later there was a secondary bear market of 20% in 1990 and 22% in 2022. Keep in mind this is just for the DJ:DJI and not the Nasdaq Composite or S&P500 which were greater corrections. The 11-year time frame of the 1999-2011 pattern allows for an 11-year rally from 2012 (which was year 1 of the 11-year rally) shows that time expired. As you can see from the 1943-1962 trend, a smaller 5-year mode formed at the end of the 20 year trend and then the market peaked in 1972-1973 when time expired for the second, smaller mode. I had to reconstruct this chart after the data for the previous chart changed symbol. See the link below to see the original. I look forward to your additional research onto this pattern and its implications to the idea that we are in a similar period to 1993-1994 with rally years of 1996, 1997, 1998, 1999 and 2000 ahead of us. All the best, Tim October 19, 2024 3:31PM EST
TVC:DJI
by timwest
14
SHK is Spreading its Fragrances on ChartNSE:SHK ..................................................................................................... ..................................................................................................... Q1 FY25 performance overview compared with Q1 FY24. Revenue from operations at Rs. 470.3 crore as against Rs. 422.6 crore, up by 11.3%. EBITDA** at Rs. 83.3 crore as against Rs. 70.6 crore, higher by 18%. EBITDA** margin at 17.7% as against 16.7%, expanding by 100 bps. Adjusted PBT stood at Rs. 46.5 crore as against Rs. 37.8 crore, up 23.1%. Cash profit at Rs. 55.8 crore as against Rs. 47.7 crore, growing by 17.0% . ..................................................................................................... ..................................................................................................... Key Developments. Incorporation of step-down subsidiary – Keva Germany GmbH. Incorporated Keva Germany GmbH to serve as a Creative Development Centre (CDC) for European operations, while also providing support to customers in Dubai and Middle East. ..................................................................................................... ..................................................................................................... Update on Debt Position: The Company’s net debt increased to ~Rs. 542 crore as on 30th June 2024 as compared to Rs. 504 crore as on 31st March 2024. The debt increase was due to the need to replenish inventory following the fire incident at its Vashivali facility in April 2024 . ..................................................................................................... ..................................................................................................... Update on the Fire Incident at the Company’s Fragrance facility located at Vashivali. A fire incident occurred at the Company’s Vashivali facility in April 2024. There was no loss of human life, and the safety of all personnel was ensured. The Company has comprehensive insurance coverage including cover for loss of profit. The Company operates five manufacturing locations in India and, in response to the incident, swiftly implemented a Business Continuity Plan (BCP) by shifting production to alternate sites. The new facility is projected to be re-established within 9 to 12 months. All facilities are now operating in double/triple shifts, ensuring adequate capacity to meet current and future customer requirements. Recently commissioned Indonesia facility is ramping up production to cater to both local and export orders, ensuring continuity and fulfilling commitments to overseas customers. An exceptional loss of ₹120 crore (net of tax) was recorded during the quarter due to the fire, covering plant and machinery, building, and inventory. This loss is expected to be fully offset by insurance reimbursement in FY2025. The Company has filed a request for interim payment of Rs. 50 crore with the Insurance Company. The Insurance company is carrying out the necessary procedure to process the claim .
NSE:SHKLong
by iism-ExpertTrading
NQ Power Range Report with FIB Ext - 8/12/2024 SessionCME_MINI:NQU2024 - PR High: 18659.00 - PR Low: 18515.00 - NZ Spread: 321.5 No key scheduled economic events Approaching daily QQQ gap >455.00 - Holding Friday range at previous week's high Evening Stats (As of 11:35 AM 8/11) - Weekend Gap: N/A - Session Gap 7/24: -0.32% (open > 19946) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 489.39 - Volume: 23K - Open Int: 232K - Trend Grade: Bull - From BA ATH: -11.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 17533 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2024
by mv3trader5
MACD Crossover Swing Trade - SUZLON📊 Script: SUZLON 📊 Sector: Capital Goods - Electrical Equipment 📊 Industry: Electric Equipment 📈 Script is giving range Breakout with Volume. ⏱️ C.M.P 📑💰- 53 🟢 Target 🎯🏆- 62 ⚠️ Stoploss ☠️🚫 - 49 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:SUZLONLong
by radha_23