Bajaj Finserv again looking good to go longBajaj Finserv Ltd. is a holding company involves in lending, insurance, and wealth advisory businesses. It operates through the following segments: Life Insurance, General Insurance, Windmill, Retail Financing, and Investments and Others. It is also the holding company for generation of Electric power through conventional and unconventional methods.
Negative aspects of the company are high PE, High promoter stock pledges and company not able to generate enough cash through operations. There were increased provisions for NPA during the recent results.
Positive aspects of the company are MFs increased stake in the company in past month, company reducing debt, FIIs increasing stake in the company and increasing revenues since last 3 quarters.
Entry can be taken after closing above 1613. Targets in the stock will be 1633 and 1663. The long-term target in the stock will be 1692 and 1724. Stop loss in the stock should be maintained at Closing below 1515 on a weekly closing.
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.
Stocksignals
Marriott International Share Price Prediction {25/june/2024}Educational Analysis says Marriott International may move in this range for some time according to my technical.
Broker -
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because the 15-minute time frame has made Change of Character show signs of weakness of the bear run, maybe long for the premium level in the 4-hour time frame, plus 1 min time frame has turned bullish also has Change of Character look on
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
PALANTIR Still not late to BUY if you missed it.Palantir (PLTR) has been one of our best performers on our stock portfolio, with the last 3 signals since December 2023 (see charts below), being spot on:
The last one is the more recent (May 02) and as you can see, the Inverse Head and Shoulders (IH&S) pattern right at the bottom of the 1-year Channel Up is following our expected course very closely and is on its way to hit the $29.00 Target.
We see that the delivery of this new Bullish Leg is through a Bullish Megaphone seeking the lower Support cluster of the 4H MA50 (blue trend-line) - 4H MA200 (orange trend-line) - 1D MA50 (yellow trend-line). We are expecting $29 within 30 days.
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Balaji Amines on the way of sky rocketing Here on chart, you can easily check that it had broke the trendline on Friday @ 2348 level, now it will fly towards upside soon. Crucial Levels are:
1st Target - Rs 2700
2nd Target - Rs 3500
3rd Target - Rs 5000
Stoploss - Rs 2000
Note - Please consult your financial advisor before taking any trade in Balaji Amines
Syrma SGS Technology can really step up the manufacturing game.Syrma SGS Technology Ltd. engages in electronic designing and manufacturing services. It manufactures various electronic sub-assemblies, assemblies and box builds, disk drives, memory modules, power supplies adapters, fiber optic assemblies, magnetic induction coils and RFID products and other electronic products. The firm operates through segments including Electronic Manufacturing Services and Others.
Syrma SGS Technology Ltd CMP is 501.15. The positive aspects of the company are Company with Low Debt, Improving Net Cash Flow for last 2 years, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding and Mutual Funds Increased Shareholding over the Past Two Months. The Negative aspects of the company are Inefficient use of capital to generate profits, Declining Cash Flow from Operations for last 2 years, Companies with weak financials and High PE (PE=82.9).
Entry can be taken after closing above 526. Targets in the stock will be 591, 629 and 674. The long-term target in the stock will be 702. Stop loss in the stock should be maintained at Closing below 388.
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.
NIIT Learning can write new chapters.NIIT Learning Systems Limited is a company formed from De-merger of NIIT in 2023. NIIT Learning Systems Limited (NIIT MTS) offers Managed Training Services to Fortune 1000 and Global 500 corporations across North America and Europe. The business has over 80 global customers which it services in over 30 countries. With a team of over 2300 world class learning professionals, it has earned over 400 industry awards and is ranked among the Top 5 Learning Outsourcing Companies worldwide. Trusted by the world’s leading companies, it provides high-impact managed learning solutions that weave together the best of learning theory, technology, operations, and services to enable a thriving workforce.
NIIT Learning Systems Limited CMP is 474.10. The positive aspects of the company are Rising Net Cash Flow and Cash from Operating activity, Company with Low Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding, and MFs increased their shareholding last quarter. The Negative aspects of the company are Sells by Superstar Investors, Inefficient use of assets to generate profits, Stocks Underperforming their Industry Price Change in the Quarter, Promoter decreasing their shareholding and High PE (PE=82.9).
Entry can be taken after closing above 478. Targets in the stock will be 514 and 543. The long-term target in the stock will be 576. Stop loss in the stock should be maintained at Closing below 386.
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.
NVIDIA - Correction after stock split?NASDAQ:NVDA has been one on the strongest stocks of the past decade with a rally of +25.000%.
Today, Nvidia had a stock split of 1:10, meaning that for every 1 share of Nvidia, you recieved another 9 shares (10 in total). Therefore, Nvidia stock price was simply divided by 10 ($1.200 / 10 = $120). Nvidia stock is currently retesting a major resistance trendline and is repeating another "cycle pattern" like we saw in 2015 and 2019. A correction is simply quite likely.
Levels to watch: $120, $50
Keep your long term vision,
Philip - BasicTrading
AMD broke above the 3-week Bull Flag. Major buy signal!On March 13 (see chart below) we issued a major sell signal on Advanced Micro Devices (AMD), as we saw the stock topping at the top (Higher Highs trend-line) of its 2-year Channel Up:
Our projection was materialized as the price corrected significantly by -37% and has almost reached the 1W MA50 (blue trend-line), which was the level that held, formed the latest Higher Low of the Channel Up and made us give a new long-term buy signal a month ago (while also the 1W RSI reached the symmetrical Support level of the October 2023 bottom (45.50)).
Today the buy sentiment got stronger than ever as AMD not only broke above the 4H MA50 (blue trend-line) but also above the giant Bull Flag pattern that started on the May 28 High. With the 1D MACD about to form a Bullish Cross, a very strong long-term buy signal emerges that call for a new Bullish Leg similar to at least the May 02 - 28 one.
If the prevailing structure is a Channel Up then expect a +23.65% rise, which puts our Target at $190.00 (just below the 1.5 Fibonacci extension).
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APPLE formed 1st 1D Golden Cross in 15 months! Attention needed.It wasn't long ago when we called for a buy on Apple's (AAPL) absolute technical bottom (April 25 and May 02, see charts below respectively):
Needless to say that the 198.00 Target has been smashed. As the price reached the top (Higher Highs trend-line) of the 20-month (blue) Channel Up, the stock turned sideways and has been consolidating for the past 4 sessions.
This is a strong indication of a medium-term Top. If rejected, we expect a Channel Down correction to at least the 1D MA200 (orange trend-line), where we will again buy for the long-term. If broken though, we will buy the first 1D candle close above the (blue) Channel Up and target $250.00.
The reason for this bullish expectation is that Apple just formed the first 1D Golden Cross in 15 months (since March 22 2023). Last time it did, the price had already initiated the new Bullish Leg (in the form of a blue dotted Channel Up). It only started the medium-term correction of July 2023, when it closed a full candle below the 4H MA50 (thin red trend-line).
At the same time, the 1W RSI had to hit the 79.00 overbought level. As a result, if you do turn bullish upon a 1D candle breaking above the (blue) Channel Up, consider booking the profit earlier if 4H MA50 breaks or the 1W RSI gets rejected on its 79.00 Resistance (unless your portfolio can support the correction).
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INDUS TOWER LONG/BUYTrade Setup long in Indus Tower
1. Monthly/weekly/Daily TF Bullish
2. Consolidating near a Big Breakout area
3. Block Deal happened b/w 311-340 and low is tested already in 3rd 5 min Candle
4. 2 Bullish Hammers on 5 Min TF & SL is Slightly Big as it is a positional Trade
5. Marked blue is a strong Breakout Level
6. 325-320 is Strong CIP Level
7. Hence Went Long
8. Buy @335-340 SL-310 target 450-470
Fundamentally this company is strong and also the part of rural developing economy alongside, which will benefit India in coming years definitely
BROADCOM Short-term pull-back in order?Broadcom Inc. (AVGO) easily hit the 1800 Target that we set on last month's analysis (May 22, see chart below) and made a new Higher High at the top of the 20-month Channel Up:
The symmetrical leg at the end of 2023, got rejected right below the 3.0 Fibonacci extension back to the 2.0 Fib. Even the 1D RSI is on the same levels as December 18 2023. As a result, we are turning bearish short-term on AVGO, targeting 1670.
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Angel One wants to fly like an Angel. Angel One Ltd. operates as a financial services company. It engages in the full-service retail broking house. The firm also offers broking and advisory services, margin funding, loans against shares, and financial products distribution.
Angel One Ltd CMP is 2664.50. The positive aspects of the company are Company with Zero Promoter Pledge, Growth in Net Profit with increasing Profit Margin, FII / FPI or Institutions increasing their shareholding and MFs increased their shareholding. The Negative aspects of the company are PE higher than Industry PE, Low durability companies, Promoter holding decreased by more than -2% QoQ and Stocks with Expensive Valuations .
Entry can be taken after closing above 2662. Targets in the stock will be 2700 and 2779. Long term targets will be 2927 and 3099+. Stop loss in the stock should be maintained at Closing below 2600.
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.
Apollo Micro Systems making moves in the upward direction. Apollo Micro Systems Ltd. engages in the manufacture of Aerospace and Defence related electronic components and systems. It includes electronic manufacturing, hardware design, information technology and software, electronic, and mechanical services. It also offers space, and transportation solutions.
Apollo Micro Systems Limited (AMS) CMP is 108.89. The positive aspects of the company are Company with Low Debt, Annual Net Profits improving for last 2 years and Company with decreasing Promoter pledge. The Negative aspects of the company are PE higher than Industry PE, Declining Cash Flow from Operations and Companies with weak financials.
Entry can be taken after closing above 109. Targets in the stock will be 112, 118 and 125. The long-term target in the stock will be 133, 140 and 147. Stop loss in the stock should be maintained at Closing below 102 or 93 depending upon your risk taking ability.
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.
HANG SENG Strong buy opportunity on the 1D MA50.Hang Seng (HSI1!) has been consolidating on the 1D MA50 (blue trend-line) for 4 straight days. Technically it is an attempt to form a bottom, which includes also the 0.5 Fibonacci retracement level, measured from the April 19 Higher Low.
The last time a trend both the 1D MA50 and 0.5 Fib was on December 28 2023 and 2 days later. As you can see that was a downtrend of 2 phases and after the 0.5 Fib/ 1D MA50 test, the price got rejected, starting the 2nd phase that extended up until the 1.5 Fibonacci extension, where the market bottomed.
As a result, it is highly likely to see a symmetrical mirror pattern. This time the 1.5 Fib ext is at 21600 and that is our medium-term Target.
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Unity Software IncUnity Software stock soared on Monday, rising nearly 20% into the close after a shoutout during Apple's Worldwide Developers Conference.
Unity's gaming software will be used in Apple's new mixed reality headset, the Apple Vision Pro, Apple announced on Monday.
"We know there is a community of developers who have been building incredible 3D apps for years," Apple's vice president of worldwide developer relations said during the WWDC presentation. And today we are excited to share that we've been working with Unity to bring those apps to Vision Pro. So popular Unity-based games and apps can gain full access to vision OS features such as pass-through, high-resolution renderings, and native gestures."
Volume in Unity stock shot up to more than triple the 20-day moving average as the stock had its best intraday performance since November 10.Unity operates a cross-platform game engine that was first discussed at a Apple WWDC in 2005 in regards to the Mac. The company went public in 2020 and the stock was bought up to nearly $200 a share during the 2021 tech surge in stocks. Ark Innovation Founder Cathie Wood is a shareholder. Unity is the 15th largest holding in Ark's flagship fund, the Ark Innovation ETF (ARKK) and represents 3.46% of the total portfolio.
On May 10, Unity reported first-quarter earnings that beat Street estimates for revenue while posting a wider-than-expected loss per share. Unity reported first-quarter revenue of $500.36 million compared to Wall Street estimates for $477.67, per Bloomberg data. Unity's adjusted earnings per share loss of $0.09 was more than $0.01 the Street had been expecting.
Like others in the gaming sector, Unity spent its first-quarter earnings call positioning itself as an AI winner.
"AI is going to have a profound effect on the industry," Unity CEO John S. Riccitiello said on the company's earnings call. "First, it's going to lead to inflection up in growth as game types are built that were no longer — were not previously possible. And secondly, we're going to see, I believe, some of the crazy expense that goes on in some high-end production come down some. It's a favorable part for the game industry for growth. And I guess it'd be very favorable for Unity as we drive some of these changes through the industry."
SPX 500 Breaks Record High, Targets 5650US SPX 500 – technical overview
Longer-term technical studies continue to look quite extended, begging for a deeper correction ahead. At the same time, the latest bullish breakout to a fresh record high beyond the 2024 high opens the door for the next measured move upside extension targeting the 5650 area. Key support comes in at 5194.
R2 5500 – Round Number – Strong
R1 5450 – 7 June/Record high – Medium
S1 5321 – 7 June low – Medium
S2 5194 – 31 May low – Strong
US SPX 500 – fundamental overview
Though we have seen a healthy adjustment of investor expectations towards the amount of rate cuts in 2024, the market still hopes policy will end up erring more towards the investor friendly, accommodative side of things. This bet has kept stocks well bid into dips and consistently pushing record highs. Still, if there is a sense the Fed will need to be more sensitive towards erring on the side of higher rates, it could invite major disruption to the stock market.
Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
Chegg Chegg, Inc. (ticker symbol: **CHGG**), is an education technology company that provides digital and physical textbook rentals, online tutoring, and other student services. In the context of the list provided, Chegg is not explicitly included, but it could be categorized under the broader "Technology and Innovation" or "Consumer Discretionary" sectors due to its focus on educational services.
### Role Chegg Can Play in the Future
1. **Educational Accessibility**:
- **Affordable Learning Resources**: Chegg's services can help make education more affordable and accessible by offering lower-cost textbook rentals and online learning resources.
- **Digital Transformation in Education**: As education continues to shift online, Chegg can play a crucial role in providing digital study tools and resources that enhance remote learning experiences.
2. **Personalized Learning**:
- **Data-Driven Insights**: Chegg can leverage data analytics to provide personalized learning experiences, tailoring study materials and tutoring to individual student needs.
- **Adaptive Learning Platforms**: Developing adaptive learning technologies that adjust to a student's pace and learning style can improve educational outcomes.
3. **Expanding Global Reach**:
- **International Expansion**: By expanding its services to international markets, Chegg can support students worldwide, contributing to global educational equity.
- **Multilingual Support**: Offering resources in multiple languages can help non-English speaking students access high-quality educational content.
4. **Integration with Traditional Education**:
- **Partnerships with Educational Institutions**: Chegg can collaborate with schools and universities to integrate its services into traditional curricula, providing supplemental learning tools.
- **Credentialing and Certification**: Offering online courses and certification programs can help students gain new skills and credentials outside of traditional degree programs.
### Benefits of Data Centers
Data centers are critical infrastructure for modern digital services, including those provided by companies like Chegg. Here are some key benefits:
1. **Reliability and Uptime**:
- **High Availability**: Data centers are designed to provide high levels of reliability, ensuring that services are available 24/7 with minimal downtime.
- **Redundancy**: They include redundant systems for power, cooling, and networking to prevent service disruptions.
2. **Scalability**:
- **Resource Management**: Data centers can scale resources up or down based on demand, allowing companies to efficiently manage their computing needs.
- **Growth Support**: As a business grows, data centers can provide the necessary infrastructure to support increased traffic and data storage requirements.
3. **Security**:
- **Physical Security**: Data centers have robust physical security measures, including controlled access, surveillance, and security personnel.
- **Cybersecurity**: They employ advanced cybersecurity protocols to protect data from cyber threats, including firewalls, encryption, and intrusion detection systems.
4. **Cost Efficiency**:
- **Economies of Scale**: By centralizing IT resources, data centers can achieve cost savings through economies of scale.
- **Reduced Capital Expenditure**: Businesses can avoid the high costs of building and maintaining their own data centers by using third-party data center services.
5. **Energy Efficiency**:
- **Green Initiatives**: Many modern data centers are designed with energy efficiency in mind, utilizing renewable energy sources and advanced cooling technologies to reduce their carbon footprint.
- **Resource Optimization**: Efficient resource management practices help minimize energy consumption and operational costs.
6. **Disaster Recovery and Backup**:
- **Data Redundancy**: Data centers often provide backup and disaster recovery services, ensuring that data is not lost in the event of a hardware failure or natural disaster.
- **Business Continuity**: These services are essential for maintaining business continuity, allowing companies to recover quickly from disruptions.
In summary, Chegg has the potential to significantly impact the future of education through its innovative services and global reach. Data centers, on the other hand, provide the backbone for these and other digital services, offering reliability, scalability, security, and efficiency.
KRBL is changing gears quickly. KRBL Ltd. operates as a holding company. The firm engages in the export of rice miller and basmati rice. It operates through the following segments: Agri and Energy. The Agri segment supplies rice, Furfural, seed, bran and bran oil. The Energy segment comprises of power generation from wind turbine, husk based power plant and solar power plants.
KRBL Ltd CMP 310.20. The positive aspects of the company are Company with Low Debt, Improving cash from operations annual, Zero promoter pledge, FIIs are increasing stake, MFs are increasing stake and Dividend Yield = 1.39%. The Negative aspects of the company are Declining annual net profit, Companies with weak financials and Stocks Underperforming their Industry Price Change in the Quarter.
Entry can be taken after closing above 314. Targets in the stock will be 356, 377 and 393. The long-term target in the stock will be 414, 446 and 472. Stop loss in the stock should be maintained at Closing below 258.
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.
Gandhar oil can gain momentum after forming bottom. Gandhar Oil Refinery (India) Limited manufactures Oils, Lubricants and greases of various kinds.
Gandhar Oil Refinery (India) Limited CMP 214.34. The positive aspects of the company are Company with Low Debt and Zero promoter pledge. The Negative aspects of the company are FIIs are decreasing stake, MFs are decreasing stake and Declining annual net profit Declining cash from operations annual.
Entry can be taken after closing above 218. Targets in the stock will be 237, 251, 274 and 287. The long-term target in the stock will be 304, 320 and 343. Stop loss in the stock should be maintained at Closing below 181.
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.
COINBASE Short-term Channel Up targeting $284Coinbase (COIN) has been trading within a short-term Channel Up (blue) ever since the bottom on the 4H MA200 (orange trend-line) and later turned the 4H MA50 (blue trend-line) into a Support too. Yesterday the first 4H MA50/ 1D MA50 Bullish Cross was formed since February 29.
As you can see this is approximately the same pattern that was followed after the February 09 bottom on the 4H MA200 and its first Target was the Resistance coming of the previous High.
This short-term Channel Up leads straight to that Resistance as part of its next Higher High, so our short-term Target is $284.00.
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