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AMZN Potential For Bullish Bounce| 11th April 2022We expect a potential bullish bounce from buy entry level of 3082.91 in line with 71.8% Fibonacci projection and 161.8% Fibonacci projection towards the take profit level of 3202.72 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection . Our bullish bias is supported by the stochastic indicator where price is trading at support level . Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:AMZNLong
by FXCM
ACB ideaIts been a long time since I traded this stock . I remember trading it back in 2018 - 2019 at its ATH on eToro . On the weekly time frame it had a nice bounce around the $2.85 area . I would like to see the price passing through the $5 resistance area and turning into a support zone . From the 4th quarter of 2019 the stock is in a downtrend , I remember back in the day they started reducing the number of employees and the number of warehouses , which was also a negative impact for the stock , but also the competition was growing strong and gaining market share . Some bad quarter results had for sure one of the greater impacts on the stock . From price action perspective I believe the strongest resistance is around $10 and $25 . I am sure someone could argue in that there are better stocks out there at the moment , but I still believe they can grown in the future . Saying that I am keeping a neutral position for the time , I just wanted to share my idea for this stock .
NASDAQ:ACB
by Trader_Sentinel
BHEL looks attractive and showing signals of trend reversal.BHEL is PSU which is into engineering and manufacturing capability across several core sectors, including power generation and transmission, transportation, renewables, water, oil & gas and defense & aerospace. X/2 Entry can be taken in BHEL at CMP and second SIP of X/2 entry can be taken above 57 closing. The target for BHEL will be 61.8 and 65.85. In a long run BHEL can even reach 70.5 if it is able to give an above par quarterly result or two. Stop loss should be maintained at closing below 44. It is a company with Zero Promoter pledge. MFs have increased their stake in BHEL in the last quarter or so.
NSE:BHELLong
by Happy_Candles_Investment
HDFC is gaining excellent Tailwind.HDFC AMC is one of India’s premier asset management company with a Market cap of Rs.48552.9 Crores. Valuation wise it can be considered little expensive as it trades at a PE of 35.5 currently but the point to be noted here is that MFs, FIIs are increasing their stake in this company with no debt and Zero promoter pledge. Entry can be taken at CMP compounding can be done above 2337. The targets will be 2518 in the short to medium term. Long term target for HDFC AMC will be 2800+. Stop loss should be maintained at closing below 1990.
NSE:HDFCAMCLong
by Happy_Candles_Investment
Is Meta Stock A Buy Now?Meta Platforms stock FB has shown some strength lately after rebounding from $185 demand area, the upward move could hit $230 levels corresponding to 23.6% Fibonacci Retracement level. The upward correction would be highly supported by both; the good volumes and the positive crossover on the Relative Strength indicator. Finally, it's worth mentioning that Meta Platforms stock FB is one of 2022’s most beaten-down large cap tech stocks. After its February earnings release, it fell 26% in a single trading day, then proceeded to decline another 21% after that.
NASDAQ:METALong
by AlyaAkram
GMMPFaudler - Fundamentally Strong StockDisclaimer: I am not a SEBI Registered Research Analyst and all these analysis are based upon own study and experience. Reader should take a note that, they should consider their goals and financial planners for taking any decision and consider this study as just a reference for research. I keep altering my positions so I may or may not be invested in my suggested stocks at any given point of time. GMMPFaudler is a professional group focused on strong business growth. It corrected almost 55% from its top of 6900 and now trading at around 35% down from its top of 6900. Fundamental Points: 1. Operating Profit has been increasing through the three quarters of 2021-22 reaching to an all time high quarterly profits in last 2 years 2. 9M22 Operating Profit is almost double the 9M21 Operating Profit 3. It has a decent pending order book from different countries of the World Technical Points: 1. It is showing sign of healthy consolidation getting over with stability in prices during market turmoil 2. RSI positive divergence observed between 02nd March and 16th March rates Cautious levels: 4175 and 4080
NSE:GMMPFAUDLRLong
by TechnoFunda_Investor
AAPL Potential For Bearish Dip | 7th March 2022Prices are on a bearish momentum. We see the potential for further bearish dip from our Sell Entry at 162.26 in line with 38.2% Fibonacci retracement moving towards our Take Profit at 152.64 in line with 61.8% Fibonacci projection . Our bearish bias is supported by prices trading below Ichimoku cloud indicator. Alternatively, prices might move towards the stop loss level at 168.75 in line with 50% Fibonacci retracement and 78.6% Fibonacci projection . Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:AAPLShort
by FXCM
TideWaterOil - Positive BreakoutTidewaterOil declined from high of 3873 on 13/07/2021 down to 1397 on 20/12/2021, since when it is undergoing healthy consolidation. Three positive divergences occured during the period of 26/11/2021 to 18/01/2022. Also, fundamentally, results have not declined at all to the comparable level of downfall in the prices. Hence, it is a good price formation for upward journey from here on. Disc.: Consult your financial advisor or apply your self study to take any investment decision on this counter.
NSE:VEEDOLLong
by TechnoFunda_Investor