Rising Wedge Pattern Reversal in TATACOMMTATA COMMUNICATION LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Rising Wedge Pattern.
📊 It can give movement upto the Reversal target of Above 2018+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 2325+.
📊 Can Go Long in this stock by placing stop loss below 1785- or last swing Low.
Stockmarkets
Booking (BKNG) -> Pay Very Close AttentionMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Booking Holdings.
Almost 10 years ago Booking Holdings stock entered a quite decent rising channel and is currently retesting the upper resistance from which I do expect a minor bearish rejection.
I would then look for longs at the $2400 structure zone or the $1900 rising channel support since the overall trend is still quite bullish and I do expect a bullish reversal there.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
SPY (Stocks) looks to continue uptrendTraders,
For the last year you have heard me preach this blow-off top. So far, we've nailed it. Today, the FED decided to continue the pause. No surprises here and it turned out to be a non-event in the market. The FED knows that they are "this close" to breaking everything. Macro-economically, we are on the brink of disaster both nationally and globally. Many people know this both logically and instinctively. Still the market will go against all odds and price stocks irrationally. This is happening. And my blow-off top is playing out perfectly!
The dollar has had 9 straight weeks of green candles. Time to take a rest.
The VIX hit a two year low this last week and remains suppressed.
Dollar down + VIX down = Markets UP!
Additionally, you can see from a technical perspective indicators that continue to support my blow-off top thesis:
Notice Elliot Wave. We are on the final wave now.
Notice that trendline (wave 5). We are still above that.
Notice Ichimoku cloud is green and beneath us.
Notice the 50 candle moving avg below us giving us support.
Notice the green area of support below us.
I am not telling any one of you that you are wrong if you believe we will eventually go down. I agree with you. But before that? BLOW-OFF TOP!
Best in all your trades,
Stew
LOFC bounced from strong support areaNext resistance Area around 7
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
AAPL - Excellent LONG Opportunity you Can´t Miss______________________________________________________________________________________________________________________
Hello traders investors and community, I detected an excellent LONG set-up in APPLE I share with you completely free. Thank me later!
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I see many short set-ups calling for downside, please dont be a fool.. After break-out shorts will be stopped out.
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LONG
Reason: Uptrend
Technical: V-Bottom
What to expect: Break-out and confirmation -> rising price
Entry: 227 - 235
Target: 370 - 390
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This information is only educational. Thanks for giving support. Follow for more market insight.
May all your trades going well!
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USOIL, THE BULLS WIN(FOR NOW)In my last analysis about USOIL, key zone was 80$ and winning that level, we get full body candlestick weekly time frame.
There is still time to test 81.58$(for late longs) where I going to put order to go in again(Long, if I see setup on lower TF.), because below this level I will wait because if we going to test 80$ ,that's not a good sign and then I'd rather wait 74.8$.
More possibilities it's all abut that.
Zone's for TP 1 96$, after that 104$,106$ like in first analysis.
Winning stop loss on entry and let's see.
PALM.N000Entry Point: 40 - 42
Profit Target: 60+
Stop-Loss: 38
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Nifty levels, Expiry Day 17/Aug/23Good Morning Traders.
Yesterday nifty and other indices has done well after opening in gap down. Means buyers are taking every dip. We can assume we have a strong support zone on nifty around 19300. Because it has taken just U turn on chart, as there was a previous support zone at same place. As long as this area getting supported we can see further buying for upside. But as today's global market looking mixed to bearish, let's see how our market going to perform. But yeah if market sustains and start trading above yesterdays high, then we can expect at least 100-150 points recovery till day end.
Important levels for Nifty:-
Buy above 19476, if levels sustains at least for 30 mints.
Targets we can see in upside 19520/19556/19587++
Keep stop loss at 19390
Sale below 19390, if levels sustains at least for 30 mints.
Targets we can see in downside 19348/19293--
Keep stop loss at 19476
Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Laurus Labs - Swing trade for 10 to 20% upmove.1) Monthly is reversing from major bottom. 61.8% Fibonacci Retracement of the Previous swing.
2) Weekly has just got into an uptrend with 200 EMA close above weekly candle.
3) Daily is also in an uptrend.
Looks good for a target of 440-450, the demand and supply zones are marked, demand zones are good to buy prices and Supply zones are good to sell prices.
Tesla's Q2 2023:Accelerating into the Future with Record RevenueIn the recently released Q2 2023 earnings report, Tesla Inc. presented a record quarter on multiple fronts, showcasing its resilience and innovation in a challenging macroeconomic environment. The electric vehicle and clean energy company reported a 9.6% operating margin, GAAP operating income of $2.4 billion, GAAP net income of $2.7 billion, and non-GAAP net income of $3.1 billion.
Despite price reductions in Q1 and early Q2, Tesla's operating margin remained robust, reflecting the company's ongoing cost reduction efforts, successful production ramp-ups in Berlin and Texas, and strong performance in the Energy and Services & Other sectors. The company's cash and investments increased by $0.7 billion in Q2, reaching a total of $23.1 billion.
Tesla's Cybertruck factory tooling is progressing as planned, with the company currently producing RC (release candidates) builds. The Model Y, one of Tesla's most popular models, became the best-selling vehicle globally in Q1, demonstrating the company's growing market dominance.
The company's total automotive revenues reached $21,268 million, marking a year-over-year (YoY) increase of 46%. The Energy generation and storage sector also saw significant growth, with revenues of $1,509 million, a YoY increase of 74%. Services and other revenue rose by 47% YoY to $2,150 million. Overall, Tesla's total revenues for Q2 2023 were $24,927 million, a 47% YoY increase.
In terms of production, Tesla manufactured 19,489 Model S/X vehicles and 460,211 Model 3/Y vehicles in Q2 2023, representing YoY increases of 19% and 90% respectively. The total deliveries of Model S/X were 19,225, a YoY increase of 19%. The total deliveries of Model 3/Y were 446,915, a YoY increase of 87%.
Tesla's installed annual vehicle capacity continues to expand. In California, the capacity for Model S/X is 100,000, and for Model 3/Y it's 550,000. In Shanghai, the capacity for Model 3/Y is over 750,000. In Berlin, the capacity for Model Y is 375,000. In Texas, the capacity for Model Y is over 250,000.
The company also highlighted its commitment to AI development, with the production of Dojo training computers commencing. This development is expected to satisfy Tesla's immense neural net training needs using in-house designed Dojo hardware, which will enable faster and cheaper neural net training.
For new Model 3 or Y customers, Tesla launched the "Get To Know Your Tesla" experience. This initiative allows users to adjust their seats, mirrors, and steering wheel, set up the phone key, and learn about topics such as regenerative braking.
In conclusion , Tesla's Q2 2023 shareholder deck paints a picture of a company that continues to innovate and grow despite external challenges. With a focus on cost reduction, new product development, investments in R&D, continuous product improvement, and the generation of free cash flow, Tesla is well-positioned for long-term success.
Read more in the comment section...
PLC.N0000 - Long term viewWait for pullback to 7 to 9
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
AMD -> New Major Bullish CycleHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of AMD 💪
As you can see on the monthly timeframe AMD stock perfectly retested the 0.618 fibonacci retracement level of the previous bullish cycle and already started a quite nice rejection.
On the weekly timeframe you can see that AMD retested the 50% fibonacci level and also filled the gap which was created a couple of weeks ago so everything is pointing towards more bullish growth.
Finally I am waiting for an entry signal on the daily timeframe - specifically AMD breaking above the current resistance at the $115 area and then I also do expect another daily push higher.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset: