Resistance_level
$TSLA's TA - The Path for the Last Mile's Rally.Price action wise, Tesla seems to be running out of steam.
June's pump was likely for Elon's sale for $TWTR's purchase.
There is nothing much literally left for the bulls, save for a last small buyback and purchase.
i) Fibonacci .382,
ii) 200 hourly ema &
iii) 234 resistance line
might prove as short term resistances.
HDFC BANK*At 15 min timeframe, price is at support of 200 - EMA.
HDFC will also open near 1460(whole number) and Volume profile is also strong on this price.
If price open AT 1460 then first resistance rectangle(1465-1468) and may give sharp fall till 1444.
We can take new entry from this level(1444) to day's high OR may be it break this level(1465-1468) create a support zone and give the target of 1475 and then of 1486.
Profit:-
1. From 1465 to 1486 is 1.30%.
2. From 1444 to 1453/1465 is .05% or 1.48%.
3. From 1444 to 1435 is .07%.
NSE:HDFCBANK
NOTE:- Take help from volume.
LUNA CLASSIC The values I mentioned are the main support and resistance levels. the important point here is the 0.0006 level and the 0.00018 level. can be considered as short and close targets. It is not investment advice at all.
Thu 20th October 2022 EUR/NZD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/NZD Sell. Enjoy the day all. Cheers. Jim
FOUR PHASES ONE OUTCOMEPlease feel free to share your thoughts with me on the chart - as you can see BTC has currently lost key support at 19.1k and some change. The reason I believe the fourth phase has the potential to change everything, is that each time PA has tested key support (116 days and counting) it has either been off the back of a bullish pattern - see below. Phase two pushed PA back down to support via an ascending wedge (bearish) and the difference with phase four is that we again have an ascending wedge but this time the outcome has pushed PA below support whereas the previous took PA only to support before breaking out into a bullish pattern.
Phase one - Triple Bottom
Phase three - Descending wedge
If someone is able to better explain my point and re-edit this post, or even crop the chart and edit it for themselves. Please feel free.
Look forward to your comments
Jon
JPM rows with a strong level of supportIdea: Long
Horizon: 2-3 weeks
Target: $113.5
Potential of the idea: 7%
Entry volume: 13%
Stop order: $102.3
Technical analysis
The paper came to a strong support level. It is worth opening a position from the current level at 13% of the portfolio. By placing a stop order at the level of $102.3 the risk on the portfolio is 0.45%. The profit/risk ratio is 2.04.
Fundamental factor.
JPMorgan Chase & Co- is an American multinational financial conglomerate, one of the largest banks in the world. The Financial Stability Board (FSB) has recognized JPMorgan Chase & Co. as the most important financial conglomerate in the world, ranked first in the list of globally systemically important banks in the world. As the largest investment bank in the world and the largest commercial bank in the United States, it is one of the "Big Four" banks in the United States, along with Bank of America, Citigroup and Wells Fargo. On Friday, October 14, the U.S. corporate reporting season kicks off, with banks traditionally being the first to report. Analysts expect JPMorgan's revenue to rise to $32.11 billion and earnings per share to $2.92. If the reports will exceed analysts' expectations and the forecasts for the next quarter will be favorable, the market may put the current positive in the price.
Boeing Company pushed back from support. Up!Ticker: BA
Idea: Long
Horizon: 1-2 months
Target: $170
Potential of the idea: 28.59%
Entry volume: 5%
Stop order: $109
Technical analysis
The testing of the support level of $120 was successful, and the price is consolidating above this level. With the volume of the position at 5% and stop order placement at $109, the risk on the portfolio will be 0.88%. The profit/risk ratio is 1.63.
Fundamental factor
The Boeing Company is the world's leading aerospace corporation and the largest manufacturer of passenger planes. The company's report, which will be published on October 26, may pleasantly surprise the market. If forecasts are confirmed, Boeing may show profit in III quarter, which will lead to growth of quotations.
Titan Company Ltd - Breakout Soon + Keep an eye📊 Script: TITAN (TITAN COMPANY LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY 500
📊 Sector: Consumer Durables
📊 Industry: Gems Jewellery And Watches
Weekly Time-Frame
Key highlights: 💡⚡
📈 Script is trading near at its resistance level which is around 2745 in both daily as well as weekly Time frame as mention in chart.
📈 MACD and Double Moving Averages may give crossover into next trading session.
📈 RSI is around 62.
BUY ONLY ABOVE 2745
Last 5 year stock performance between Sep - Dec
💥2017: 35%
💥2018: 3.4%
💥2019: 7.6%
💥2020: 24.5%
💥2021: 26%
👉Strong fundamentals, Expensive valuation
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅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!🥂