Sensex Support and Resistance Levels For 13th Nov 2024I’ve created a chart highlighting the key support and resistance levels for #sensex, designed to help traders make informed decisions.
These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points.
Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence.
Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
Stocks!
FinNifty Support and Resistance Levels For 13th Nov 2024I’ve created a chart highlighting the key support and resistance levels for #finnifty, designed to help traders make informed decisions.
These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points.
Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence.
Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
GOOGLE Enormous upside confirmed by a 1W Bullish Cross eyes $235Alphabet Inc. (GOOG) has been trading within a 2-year Channel Up since the October 31 2022 bottom of the Inflation Crisis Bear Cycle. Having already started the new Bullish Leg of the pattern following the rebound on the 1W MA50 (blue trend-line), the price completed last week a MACD Bullish Cross on the 1W time-frame, the first since March 25 2024. That was halfway through the previous Bullish Leg.
The 2-year Channel Up has only given us another 3 such MACD Bullish Crosses, so this is in fact a strong and rare bullish signal. As you can see, so far we've had two major Bullish Legs within the Channel Up, both topped after roughly +60% price increases and both reached at least the 2.382 Fibonacci extension measured from their respective corrections.
Since the 2.382 Fib extension is this time considerably above the Channel Up, it is only natural to assume that yet again the Bullish Leg may complete a +60% rise from the September 09 bottom.
As a result, our Target towards the end of Q1 2025 is $235.00.
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Japan Nikkei index- just a quick post to show u something.
- As always everything is in the graphic.
- Now look at Japan Index closely.
- So a quick crash happened but look where Nikkei Bounced.
- i always speak in my posts that :
- " Supports are always turning to resistances ".
- " Resistances are always turning as supports ".
- Here you have a perfect exemple with Nikkei225.
- if u can trade Cryptos, u can trade anything else!
Happy Tr4Ding !
"En Route to Recovery" - EuroSports Global Ltd. (SGX: 5G1)Based on our observation, EuroSports Global has been showing signs of recovery alongside with a sign of collection (as indicated by the MCDX indicator), while RSI shows a neutral-positive upwards trend. Currently, EuroSports is challenging its key resistance at S$0.200, with a potential to challenge higher upon breaching the resistance, while key support remains at S$0.160 as tested multiple times over the past week.
We keep a "BUY" rating for EuroSports Global, given the encouraging momentum the share price is showing.
Nvidia Daily UpdateNvidia Daily Update – We’ve broken out of a triangle pattern, and now the market is pulling back. If we see a breakout from the top of this pullback, it could present a strong entry point. My projected target for this move is the green level. Let’s keep a close watch on this setup!
MICROSOFT: Channel Down bottomed. Bullish wave starting to 540.MSFT is neutral on its 1D technical outlook (RSI = 48.171, MACD = -0.910, ADX = 23.585) as since the September 6th Low it has been ranging sideways. Despite the lack of trend, this price action still hit the bottom of the long term Channel Up and technically the new bullish wave should start. The conditions for that are perfect as the 1D MACD just formed a Bullish Cross. The last bullish wave touched the HH trendline of the Channel Up after surpassing the 1.786 Fibonacci extension. That is our current target (TP = 540).
See how our prior idea has worked out:
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Nitin Spinners can spin profitNitin Spinners Ltd. engages in the manufacture of cotton yarn and knitted fabric. Its products include apparels and garments, under garments, terry towels, woven fabrics, home furnishings, carpets, denim, industrial textiles, medical textiles and socks. It operates under the Within India and Outside India geographical segments.
Nitin Spinners Ltd. CMP is 409.95. The positive aspects of the company are Attractive Valuation (P.E. = 14.9), Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding and Increasing profits every quarter. The Negative aspects of the company are Stocks Underperforming their Industry Price Change in the Quarter, Inefficient use of shareholder funds and Poor cash generated from core business.
Entry can be taken after closing above 412 Targets in the stock will be 431 and 449. The long-term target in the stock will be 462 and 475. Stop loss in the stock should be maintained at Closing below 385 or 375 depending on your risk taking ability.
Disclaimer:
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Gravita looks Great for a long run. Gravita India Ltd. engages in the manufacture of lead metals by the process of smelting and recycling followed by refining, alloying and manufacture of lead oxide. The firm also trades lead scrap, ore, concentrates, battery scrap and allied Lead products globally. It operates through the following segments: Lead, Aluminium, Turn Key Solution, and Others.
Gravita India Ltd. CMP is 2243.25. The positive aspects of the company are Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, FII / FPI or Institutions increasing their shareholding, Increasing Revenue every quarter for the past 3 quarters and Growth in Net Profit with increasing Profit Margin. The Negative aspects of the company are high Valuation (P.E. = 57.7), Stocks Underperforming their Industry Price Change in the Quarter, Declining Net Cash Flow : Companies not able to generate net cash and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 2337 Targets in the stock will be 2413 and 2593. The long-term target in the stock will be 2688. Stop loss in the stock should be maintained at Closing below 1963 or 1770 depending on your risk taking ability.
Disclaimer:
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Opportunity? A fall in the USD dominance is coming. BRICs can potentially challenge the USD. Money being linked back to a hard asset appears on deck whether it be BTC/Gold/Silver. This bodes well for all North American jurisdiction gold and silver resource companies. Strikepoint has huge potential in massive Walker Lane, Nevada property with an interesting private partner located at the center. As well as two high grade assets in the legendary Golden Triangle.
Buy Moving average intraday stocks tomorrow 12/11/2024Stock recommendation:-
Buy Moving average intraday stocks for tomorrow
follow for update and information.
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T-MOBILE No signs of stopping this rally before $350.T-Mobile (TMUS) has been trading within a 12-year Channel Up since the October 2012 High. Since the weekly break-out on the May 20 2013 1W candle, the 1W MA200 (orange trend-line) has been the absolute Support of this pattern, never broken, offering the most optimal buy opportunities as close to is as possible every time the price broke below the 1W MA50 (blue trend-line).
The 1W RSI indicates that we are in a similar stage of the uptrend as the two mega Bullish Legs the preceded it. The Sine Waves accurately catch the tops (Higher Highs) of this Channel Up pattern, and the next one should be around $350 by the end of 2025. A really good opportunity to buy even on the current levels.
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Amer Sports (AS) Investment Analysis Company Overview: Amer Sports NYSE:AS is a leading player in the global sporting goods industry, with a strong portfolio of premium brands such as Salomon, Arc'teryx, and Wilson. The company made a notable market debut with its successful IPO in February 2024, raising $1.37 billion. This significant capital injection is expected to fuel future growth initiatives and strategic expansions.
Key Growth Drivers:
Successful IPO and Capital Infusion:
The $1.37 billion raised from its IPO provides Amer Sports with the financial flexibility to pursue strategic investments, enhance its product offerings, and expand its global footprint.
This capital influx is poised to accelerate the company’s growth trajectory, enabling it to capitalize on emerging opportunities within the sports and outdoor segments.
Premium Brand Portfolio:
Amer Sports boasts a diverse lineup of well-recognized and premium brands, including:
Salomon (outdoor sports gear and apparel)
Arc'teryx (high-performance outdoor apparel)
Wilson (sports equipment, particularly known for tennis and golf)
The broad portfolio allows Amer Sports to capture a wide range of consumer preferences and market segments, enhancing revenue stability and reducing dependency on any single brand.
Favorable Industry Trends:
The global sports and outdoor market is expected to grow at a 6.5% CAGR through 2030, driven by increasing consumer interest in health, wellness, and outdoor activities.
Amer Sports is well-positioned to benefit from this trend, given its focus on high-quality products and active lifestyle brands that align with consumer demand for performance and sustainability.
Strategic Partnerships Boosting Visibility:
Collaborations like Wilson's partnership with the NFL have enhanced brand visibility and engagement, attracting a wider customer base and establishing consistent revenue streams.
Such strategic alliances not only bolster brand recognition but also provide a steady influx of income from co-branded products, supporting long-term growth.
Investment Outlook: Bullish Outlook: We are bullish on Amer Sports (AS) above the $16.00-$16.50 range. The company’s solid brand portfolio, favorable market trends, and strong financial backing from its IPO position it well for sustained growth. Upside Potential: Our price target for Amer Sports is set at $25.00-$26.00, reflecting confidence in its market expansion strategies, premium product offerings, and strategic partnerships.
🚀 Amer Sports—Capitalizing on the Active Lifestyle Boom! #SportswearGrowth #OutdoorRecreation #PremiumBrands
BBCA (VCP - 26W 19/3 3T)IDX:BBCA - VCP
18-09-2024
Reason:
1. Low risk entry point
2. Volume dries up
3. Confirmed Stage 2
4. Price above MA 50 > 150 > 200 over 10 weeks
5. Price is within 25% of 52 weeks high
6. Price is over 30% of 52 weeks low
7. 200 day MA trending up over 1 month
Flaws:
1. RS rating less than 70
2. 5 biggest marketcap
3. No big volume on breakout
Weekly BTC forecastThis is only my current analysis relying on assumption.
There is still wide open area where it could hit later.
This is only analysis to give you an idea for helping your scenario trading.
Please remember always make the trading plan then initiate placing the position as your scenario meet your trading system AND confirmation. also please set up the SL.
MSTR: Is there any value here?MicroStrategy Incorporated ( NASDAQ:MSTR ) has a current BTC balance of 252,220, with plans released during the October ‘24 earnings call to issue both $21 billion in equity and $21 billion in debt to finance further BTC purchases through 2026.
The question becomes, is there value here? If the price of MSTR becomes increasingly dependent on the price of BTC, then why not just buy the underlying asset? The latter can likely already be answered. The price is entirely dependent. As noted in the company’s earnings call and outlined in the excerpt from the CoinGeek article below, MSTR’s software business has taken a backseat as the company has completely shifted its focus toward its BTC plan.
“On October 30, MicroStrategy released its Q3 financial report card, revealing a sharp decline in revenue from its (formerly) core business intelligence software business, while expenses and net losses saw significant increases. Software revenue for the three months ending September 30 fell 10.3% year-on-year, while the rising costs of that revenue resulted in a net loss of $18.5 million.”
During the call, Executive Chairman Michael Saylor insisted that MSTR is not purely a BTC proxy. Looking at the price performance for the past year, you can see that MSTR has outperformed BTC by a multiple greater than 4. As markets tend to do, this is likely the pricing in of future acquisitions. Unlike ETPs (or people, for that matter), MSTR has placed itself in a unique position, with the ability to utilize the various avenues of capital markets to increase its holdings. While this is fundamentally opportunistic, the increase in shares dilutes existing shareholder ownership, reducing their proportional share of MSTR's overall equity. However, given the long-term potential appreciation of BTC, the value of the underlying asset may offset this dilution, ultimately providing greater returns despite the increase in outstanding shares. This is no different than any other growth-oriented company, albeit Apple, NVIDIA, etc., actually produces something. If the price of the underlying asset goes down, this further decreases the BTC value per share, leading to a potential point of clarity for shareholders asking themselves, “why not just own the underlying asset?”
Looking ahead, I do think MSTR provides a unique opportunity. Inevitably, given the scenario described above, the stock will continue to face elevated volatility (something that the company has noted as a positive). Given future declines in the price of the underlying asset (presumably in 2026 and 2027), this allows MSTR to accumulate more BTC, reducing its cost basis and optimistically allowing investors to enjoy increased volatility to the upside yet again.
Tesla $TSLA - Stocks versus OptionsBased on the Average True Range (ATR) of Tesla ( NASDAQ:TSLA ) stock, it can easily move $10 up or down in one day (see Green candle from today). Based on a move of $10 per share, 100 shares = $1000 gain or loss in a day. To buy 100 shares of TSLA today, it would cost about $23,000. Now consider doing the same thing with Long-term options. 1 call option gives you the option to buy 100 shares for a set price for a set period of time. A Tesla call option with strike price of $220 that expires in June of 2025 would cost about $5,425. The same $10 move in price would result in 1 option = $1000 x Delta %. Delta on this contract is .6629 or 66.3%. Thus 1 option = $1000 x 66.3% = $663 gain or loss in a day. The question is: Do you think Tesla will move $10 higher than the current price before June of next year? Or do you anticipate that TSLA will move $50 higher in the next 'year' (100 shares = $5,000 or 1 option = $3,315? Disclaimer: option Delta changes with price. There is risk associated with investing, especially with options. Also, Elon Musk's social media can impact the stock price.
S&P 500 Daily Chart Analysis For Week of Nov 8, 2024Technical Analysis and Outlook:
During the current trading session, the S&P 500 index has exhibited significant strength by successfully filling the projected gap, as detailed in the S&P 500 Daily Chart Analysis dated November 1. This upward movement has facilitated a substantial rebound, as the index has retested both the Outer Index Rally level of 5861 and the Key Resistance level of 5865. Furthermore, the index has completed the Outer Index Rally threshold 6000, suggesting a promising potential for additional increases toward Outer Index Rallies at 6123, 6233, and 6418. Nevertheless, it is essential to recognize that achieving the Outer Index Rally 6000 level may prompt a downward price movement towards the Mean Support level of 5929 before progressing into the subsequent phase of the bullish trend