MRF has shown SIGNS of UPTREND hey guys ,
all of the traders were waiting from a long time to find a good swing trade for the stock - MRF
now the time has came ,
and MRF has crossed it's resistance ,
From a LONG time ,
MRF was facing resistance,
from the upper trendline ( WHICH I HAVE DRAWN )
and now this stock has crossed it's resistance .
and taken support
therefore, from my opinion ,
you can buy this stock and earn high returns ,
i have marked the TARGET AND STOP LOSS for y'all,
YOU ALL CAN ZOOM IN ,
AND THEN YOU CAN SEE THAT
THIS STOCK HAS MADE A BEAUTIFUL GREEN CANDLE
WHICH MOTIVATE US TO BUY THIS STOCK,
BUT PLS GUYS , CONSIDER THE GLOBAL MARKET SITUATIONS
1. INFLATION
2. WAR
3. RISING BANK RATES
AFTER CONSIDERING THESE SITUATIONS
YOU CAN BET ON THIS STOCK
😀😀
Stockmarketanalysis
Stock market faces big inflation test.As inflation has risen over the past year to become the top bugbear for markets, U.S. stocks and Treasury yields have seen large moves on days when CPI data have been released. The S&P 500 index closed nearly 2% lower on June 10 and May 11 after data from May and April were released, respectively. And as U.S. stocks continue to climb off of last month’s lows, investors are understandably nervous about the possibility that Wednesday’s number could delay the latest bear-market rally. So in the spirit of offering some guidance, Tom Essaye, an experienced trader and author of the Sevens Report, has shared a quick guide for how stocks might react to Wednesday’s June CPI data, which will be released at 8:30 Eastern Time.
PANS: Rebound on Golden Ratio, Prepare for Bull Run/False Break?Hello Fellow Stock Investor/Trader, Here's a Technical outlook of PANS Stock!
Chart Perspective
PANS has rebounded around the golden ratio of the Fibonacci retracement area and broken out of the falling wedge pattern. The Stochastic created a golden cross, signifying a potential upside movement to the target area.
All the explanations are presented on the chart
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put Long or Short Position in PANS Stock".
(RFP) will be acquired by a unit of Paper Excellence Group Resolute Forest Products (RFP) will be acquired by a unit of Paper Excellence Group in a roughly $2.7 billion deal that will see the Canadian forest products company added to the privately held firm's stable of pulp-and-paper assets in North America."With this transaction, Resolute will accelerate its growth as it gains access to more tools, capital and opportunities to pursue our ambitions with the combined resources of the Paper Excellence Group," Resolute Forest Chief Executive Remi Lalonde said in a statement.
Imp Nifty Levels 12th Jul #Nifty #OptionsTrading #AnalysisNifty can test 16K level tomorrow given the sell off seen in US markets.
OI data still shows strong support on 16K & 15.9K.
For straddles, strangles, iron fly - You might want to add some extra cushion downwards by entering credit call spreads
#nifty #optiontrading #analysis #nifty50 #stockmarket #investing
This the beauty if pure price action. isn't it..?don't u think that price action is real beauty.? all we have to do for tomorrow is stay neutral and just follow the price where it goes. remember guys market have to break prior day range to move in another direction. just maintain your RRR and soon you will be successful.
BEST OF LUCK TRADERS.
Bulls Test Falling Wedge Resistance. Is a Breakout Imminent? The Dow Jones Industrial Average rose 0.77% this week, which put prices up against Falling Wedge resistance. If bulls can break resistance, it may trigger a breakout. If so, a rally to the 38.2% or 61.8% Fibonacci retracement levels could be on the cards. The MACD and RSI oscillators are showing positive movement toward their respective mid-points. A bearish bias will remain if prices stay in the wedge.
SPX Daily TA Cautiously BullishSPX Daily cautiously bullish. Recommended ratio: 69% SPX, 31% Cash. * The US Jobs Report came out this morning and 372,000 jobs were added in June which essentially recovers almost all of the jobs lost due to the pandemic (~23m) , the unemployment rate remained at 3.6% for the fourth month in a row. A technical recession is defined by the combination of declining economic growth and employment ; so according to the textbook we are not yet in one because unemployment is still low and credit is still relatively healthy(?). How reliable the employment data is and how effective the models used to analyze them are arguable but as it stands now, the growing number of layoffs hasn't hit the job market yet. Even though they are both connected, markets seem to have shifted their focus from inflation to Q2 corporate earnings as a means of determining how much of an economic slowdown we are to expect (which would determine if we end 2022 with a federal funds rate above 3.5% - it is currently at 1.58%). Russia continues to avoid Western sanctions and boost their Ruble by fortifying trade routes with Brazil, China, India and South Africa (amongst other countries); Donetsk and Severodonetsk are the last two major Ukrainian strongholds defending against a total annexation of the Donbas region (Southeastern oblasts) - and Russia likely won't stop there; and Russian Foreign Minister Lavrov reiterated today at the G20 Summit (before storming out) that increased sanctions are viewed as declarations of economic war.* Price is currently pushing higher at ~$3900 as it approaches the lower trendline of the descending channel from August 2021 at $3938 minor resistance. Volume remains Moderate and is currently on track to favor buyers for a fifth consecutive session if it can close today's session in the green. Parabolic SAR flips bearish at $3714, this margin is neutral at the moment. RSI is currently trending up slightly at 52 as it tests 52.68 resistance with a soft peak beginning to form. Stochastic remains bullish and is currently trending up at 98 as it approaches a test of max top where it can potentially coast in the "bullish autobahn zone" for some time. MACD remains bullish and is currently testing the uptrend line from March 2020 at -44 resistance, this is a critical resistance area. ADX continues trending down at 20 as Price pushes higher, this is mildly bullish at the moment; if ADX bounces as Price continues higher, this would be bullish. If Price is able to continue up here then it will likely face a bit more resistance at the lower trendline of the descending channel from August 2021 at $3938 minor resistance . However, if Price breaks down here, it will likely retest $3706 minor support before potentially heading lower to test $3508 support for the first time since November 2020. Mental Stop Loss: (one close below) $3815.
#SPX - Market Update 7-7-22SPX Broke through the 3870 at open for a nice move and continued to melt up into our 3900 Target by close. This is a bigger momentum level here and top of the double bottom move off 3741. You have to keep in mind the market ran over 160 points now in the last three days and coming into weeks close. If 3900 doesn't hold early on we can see a quicker pullback to 3870. I would keep trades quicker for now until we get a better tell on direction. We have Non Farm Payrolls and Unemployment numbers tomorrow morning which will be a catalyst. With a bad reaction 3838 is possible.
In different types of markets, you have to adjust goals based on current market conditions
In an easy market you can maximize gains - In a hard market you can protect capital - 3. Choppy market you can take quicker wins, build up your account. Learn to change the way you think and you'll be able to trade thru any market
Emotions can be a liability to a trading account. Stay calm and remain objective on each trade otherwise you may fail to see consistency..
The Dollar Hasn't Done this in 20 years! What does this mean?Hey guys,
It's been a couple of weeks since I put out an update. I am seeing some interesting indicators in the market as I come back to studying these charts. Today we'll take a close look at the dollar, the vix, and we'll also jump to Bitcoin, and talk about unemployment and OIL prices. These are all valid indicators of future price action in the market and if I am reading the charts right, we should see some relief here over the next few weeks.
- Stew
SPX Daily TA Neutral BullishSPX Daily neutral with a bullish bias. Recommended ratio: 63% SPX, 37% Cash. * FOMC minutes were released at 2pm (EST) today and the main takeaways were: the Fed is committed to price stability and maximum employment and will take on a even more restrictive stance if inflation isn't tamed; they are most likely going to raise 75bps unless CPI comes in lower than expected or Russia/Ukraine situation improves, in this case they may raise 50; and that housing, job and credit markets are healthy as of May and the Fed thinks GDP will bounce back in Q2 - very curious to see how declining new home sales, growing gas and food prices, more layoffs and higher credit card usage will reflect on this perspective come July 27th. The current GDPnow estimate for Q2 GDP is -2.1% , and the next estimate is due tomorrow at 830am (EST). Gold + Oil + VIX + Euro are down and Equities + Treasuries + Cryptos + USD are up, markets seem to be pricing in a recession at this point. I guess it's only a real recession if the Fed says it is though.* Price is currently trending up at $3845 and forming a Bear Flag after bouncing from $3780; the next resistance is the lower trendline of the descending channel from August 2021 at $3938 minor resistance and the next support (minor) is at $3707. Volume remains Moderate and has favored buyers for the past three sessions. Parabolic SAR flips bearish at $3706, this margin is neutral at the moment. RSI is currently trending up slightly at 46, the next resistance is at 53 and support at 38. Stochastic remains bullish for a second consecutive session and is currently trending up at 84 as it attempts to flip 76 resistance to support on its way to testing to max top. MACD remains bullish and is currently trending up at -56 as it slowly approaches -44 resistance, the next support (minor) is at -76. ADX is currently trending down slightly at 22 as Price is pushing higher, this is mildly bullish. If Price is able to continue up here then it will likely retest the lower trendline of the descending channel from August 2021 at ~$3938 minor resistance . However, if Price breaks down here, it will likely retest $3707 minor support before potentially heading lower to test $3508 minor support. Mental Stop Loss: (one close below) $3780.
S&P500 SHORT-TERM RALLY INCOMING !We are now expecting a short term rally to coming back into the $4,200 region to clear all trapped liquidity , Then we are expecting the next leg down to begin to target the pre pandemic lows for the long term swing lows. As we know there was a large amount of cheap money injected into the markets and as the principle dictates what the market gives easily it likes to take back + interest. On the bright side this would likley be the Reccesion bottom before we see the next economic expansion to take place and the money printers to turn on again as history indicates for the next bull market to begin where these opportunities will not present themselves for the next +30 years
Apple Analyze 🍎!!!(Timeframe 4H)I expect that 🍎 Apple 🍎will go UP at least to around 148.7$ or even near 200 SMA ( Daily Timeframe ).
I specified the growth 🎯 Targets 🎯 in my chart.
🎯 Target 1 🎯: 153$ until 148.7$ (around 148.7$ , we can have a Bearish AB=CD Harmonic Pattern ).
🎯 Target 2 🎯: Around 158$ = Near 200 SMA ( Daily Timeframe )
Apple Analyze Timeframe 4H ( Log Scale /Heikin Ashi) ⏰
🟢 Support zone 🟢: 145.1$ until 138$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
SPX Daily TA Cautiously BearishSPX Daily cautiously bearish. Recommended ratio: 20% SPX, 80% Cash. *Gold and treasuries are down, cryptos and equities are flat, USD and Oil futures are up; financial markets are still trying to price in a recession and it looks like there is still room left to fall on the Weekly chart for SPX. CPI report is due to be released on 07/13 and the next Fed funds rate hike (expected to be 75bps) is due on 07/27.* Price is attempting to avoid a retest of $3706 minor support after being rejected by the lower trendline of the descending channel from August 2021 (~$3950) and is currently trending up slightly at $3800. Volume is Low and currently on track to break a four session streak of seller dominance if it can close today's session in the green (if it closes today bullish but with Low volume this would be bearish). Parabolic SAR flips bearish at $3679, this margin is mildly bearish at the moment. RSI formed a trough at 41 and is currently trending up slightly at 42; the next resistance is at 53 and the next support at 38. Stochastic remains bearish and is currently forming a trough at 65, if it can break above 66 it would be a bullish crossover; the next resistance is at 76 and the next support at 48. MACD remains bullish and is currently trending up slightly at 67 as it is still attempting to defend -76 minor support; the next resistance is at -44. ADX is currently trending sideways at 23 as Price is currently resisting a move lower, this is neutral at the moment. If Price is able to bounce here it will likely retest the lower trendline of the descending channel from August 2021 at $3938 minor resistance . However, if Price continues lower here it will likely retest $3706 minor support before potentially heading lower to test $3508 minor support. Mental Stop Loss: (two consecutive closes above) $3900.
US Equity Indices Decline With Treasury Yields in Midday TradingThe Dow Jones Industrial Average dropped 0.5% to 30,623.2, with the S&P 500 down 0.5% to 3,766.4 and the Nasdaq Composite 0.6% lower at 10,961.6. The energy, technology, and communication services sectors were among the worst performers, while real estate and utilities led the gainers.
SOFI investment thesis for a 100%I will give you 3 things in what to think.
1. Unemployed people
2. Inflation
3. Leverage
Unemployed people will use credit to buy that credit will generate revenue, inflation means the reduction in the consumption power, people have two options consume less or by with credit, that means earnings, leverage, people use credit to acquire houses, cars, and other gods they need or they want, means revenue!.
GME yet show signs for Double in Price on Long term After Covid-19 Pandemic GME had e bubble no one expected from a single digit Stock to $486 and since then made a long correction down to this current price $145,i expect no further New low for this stock ,below $85 my analyses would be wrong ,which by other means it could be at all ,cuz we always talk from Propability based assessment ,as long as price is showing Upside potential and making Higher highs ,price could double in this Stock and reach at our honest opinion $760 ,it could happen this year ,or the new year to come . For me GME is a stock to keep an eye on ,as we are talking about Risk to reward ratio of minimum 10.to Maximum 21+.Happy Trading and Investing for All Guys .