Swingtrading
ALLCARGO Logistics are Stablishing and Sustaining in PerformanceNSE:ALLCARGO
...................................................................................................................................................................................................................................................................................................................................................
KEY BUSSINESS HIGHLIGHTS
Global events coupled with high demand across trade lanes during the second quarter of 2024 (calendar year) has led toimproved volumes and increased freight rates. Demand is expected to continue through the peak season till end of theyear.
LCL volume for the quarter ended June’24 stood at 2.25 million CBM, similar on YoY basis and representing a QoQ growth of6%. FCL volume for the quarter stood at 156K TEUs, similar to last quarter and up 9% on a YoY basis.
ECU Worldwide onboarded a new leadership team in Argentina, Uruguay and Paraguay as part of growth initiatives in LatinAmerica.
Contract Logistics business has reported a revenue growth of 13% on a QoQ basis and 22% on a YoY basis on the back ofincreased wallet share from existing clients.
Express Business: Operating cost continues to get optimized to bring about future growth in EBITDA. For Q1FY25 EBITDAstood at Rs. 20 crores, up 11% YoY and 33% on QoQ basis
...................................................................................................................................................................................................................................................................................................................................................
Supply chain market is estimated to be at ₹63,000
crores.
• ASCPL is a leading pan india 3PL player with an
expansive network
• Market leadership in chemical warehousing and
dominance in western India
• Building strengths in auto & engineering and ecommerce
...................................................................................................................................................................................................................................................................................................................................................
ROSSARI BIOTECH Showing Change in Price StructureNSE:ROSSARI
....................................................................................................................
....................................................................................................................
....................................................................................................................
Update on the expansion projects at Dahej Facilities
....................................................................................................................
• In the Q2FY24 the Company had announced an expansion of its facility at Dahej by adding up
20,000 MTPA capacity for products related to HPPC in the specialty chemical space, as well as for producing ingredients for its subsidiary companies.
Also, to cater to the growing
demand in agro chemicals, home and personal care, oil & gas and the pharma sector, the
Company had further announced expansion of the Ethoxylation capacity by 30,000 MTPA at
the Dahej facility of Unitop Chemicals Private Limited.
• Work on both these projects are progressing as planned. Commissioning is expected to
happen, in a phased manner in the current year
....................................................................................................................
....................................................................................................................
....................................................................................................................
• Consistent growth trajectory over the past three years, driven by both organic and inorganic growth strategies
• While near-term investments and strategic initiatives have led to a moderation in ROCE and ROE, the balance sheet position
remains strong.
The Company is confident of reporting improved return metrics in the future as these investments start yielding
results
Neutral on Regions! A couple of scenarios.🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
SWSOLAR Getting Ready to Break its 2019's & All Time HighNSE:SWSOLAR
.................................................................................................................
.................................................................................................................
.................................................................................................................
| KEY HIGHLIGHTS FOR 1Q FY25
...............................................................................
• Unexecuted order value at ~INR 9,396 crore as of June 2024
compared to ~INR 8,084 crore as of Mar 2024
• Company has received new orders / LOI in three domestic
projects worth ~INR 1,016 crore during the quarter
• Company received two turnkey international orders from South
Africa amounting to ~USD 140 mn
• Commenced a pilot project for Solar plus BESS for Reliance
Industries at Jamnagar, Gujarat
• P&L of the company continues to improve
• Consol revenues up ~78% YoY in 1QFY25
• Gross margins at ~11%
• Second consecutive quarter of positive EBITDA, PBT and PAT
at a consolidated level
............................................................................................................
• The company’s balance sheet continues to de-leverage
............................................................................................................
• Total net debt of ~INR 97 crore as of Jun 2024, compared
to net debt of ~INR 116 crore in Mar 2024
• No upcoming debt repayments till 3QFY25
.................................................................................................................
.................................................................................................................
.................................................................................................................
Received order of 900 MW DC in 1QFY25
• Received a turnkey solar PV order from AMEA Power in South
Africa for a ~140 MW DC project
• Through this project, SWREL has achieved a key breakthrough in
the rapidly growing South African solar market.
• We have successfully executed a 90 MW DC order in South
Africa in 2016 previously, and continue to maintain O&M
operations there
• Bagged our second international order from South Africa with a
turnkey package for a 80 MW AC project from Energy Group
.................................................................................................................
.................................................................................................................
.................................................................................................................
Apple Inc. (AAPL) chart analysisThe stock chart for Apple (AAPL) highlights the formation of an Ascending Triangle pattern. This is a bullish continuation pattern characterized by a rising support trendline and a horizontal resistance level, as depicted by the converging red lines.
In an ascending triangle, the rising support indicates that buyers are stepping in at progressively higher levels, while the horizontal resistance suggests that sellers are capping gains at a certain price level. This pattern generally suggests accumulation, where buying pressure builds up, and it often leads to a breakout above the resistance line if enough momentum gathers.
At the moment, AAPL is approaching the resistance line but has not yet broken out. If the stock price moves above the resistance level with strong volume, it could signal a bullish breakout, leading to a new leg higher. However, if the price reverses and breaks below the support line, it could signal a bearish move, making it essential to watch the coming price action closely.
Given the upward slope of the support line, the bias remains bullish, but traders should remain cautious until a clear breakout occurs.
NVDA - Swing Trade Idea NVIDIA (NVDA) is gradually recovering after the recent sharp sell-off. We saw a structural shift with the recapture of the X-POC (Xtructure Changing Starting Point) around $102.50, where buyers stepped in, forming a high-volume node (HVN).
Following the X-POC recovery, NVDA gapped up, closing above this level and establishing a new point of control (POC) with significant volume at $105.
Today, NVDA opened strong but, as anticipated, encountered resistance just before the N-POC at $110.61. Bears took control, driving the price back down to the previous day’s POC at $105.
The key for the rest of the day is maintaining a close above $105. Ideally, closing above $107.10 (today’s POC) would strengthen the bullish case. However, if we see further declines, the critical support remains at the $102.50 X-POC.
Looking ahead, tomorrow's CPI report will likely set the tone for the FOMC meeting next Wednesday, potentially clearing the path for a return to all-time highs. For now, bulls need to break through the $110.61 N-POC and hold above it. If achieved, we could see rapid movement towards the $118 POC, with resistance expected before reaching the final target at the $126 N-POC.
Riding the Bull: My Probability-Based Approach to Trading GER30The German DAX (GER30) is showing promising signs for potential upside movement, supported by several key fundamental factors:
1. European Central Bank's accommodative stance
2. Improving economic indicators in the Eurozone
3. Strong performance of German export-oriented companies
4. Increasing investor confidence in the European market recovery
To capitalize on this bullish outlook, I'm employing a probability-based approach to enter long positions on GER30.
Take a look at these analyses to see the details behind this trade idea.
12M:
3D:
1H:
AUDCHF: One More Breakout Setup 🇦🇺🇨🇭
I see one more important daily structure breakout.
AUCHF violated a support cluster of a wide horizontal range.
It is a clear sign of the sellers and a strong bearish signal.
I think that the price will reach at least 0.56 level soon.
❤️Please, support my work with like, thank you!❤️
Unlocking Potential: 59.90% Probability for DOGEUSD ATH Bullish Fundamentals for Dogecoin
1. Increased mainstream adoption: More businesses and platforms are accepting Dogecoin as a form of payment, expanding its real-world use cases.
2. Growing community support: The Dogecoin community remains active and passionate, driving continued interest and development.
3. Potential technological improvements: Ongoing discussions about upgrades to Dogecoin's blockchain could enhance its functionality and appeal.
4. Positive market sentiment: As the broader crypto market shows signs of recovery, meme coins like Dogecoin often benefit from renewed investor interest.
Using Probabilities for Long Positions
I'm utilizing probabilities on my charts to get positioned into longs for DOGEUSD.
This strategy aligns well with my bullish bias on DOGEUSD, allowing me to capitalize on potential upward movements in a more calculated manner.
12M:
3D:
1H:
Tata consumer-Bullish Swing- Right time to enter!! NSE:TATACONSUM
22.08.2024
Buy-1202
Target-1246
Stop Loss-1157
Risk Reward- 1:1
1.Breakout- Inside bar breakout
2.Trend-Consolidation after uptrend
3.KeyLevel-Breakout at Resistance turned to support & parallel support also
4.Volume- Good above average volumes
5. EMA- 21 EMA Rejection & above 50 EMA
6. RSI-Bullish indication after consolidation
7. Fibonacci- Very good rejection at 0.382 Level
EURAUD: Confirmed CHoCH & Bullish Outlook 🇪🇺 🇦🇺
I see a confirmed Change of Character on EURAUD on a daily.
Trading in a global bullish trend, the market successfully violated
a minor bearish trend, breaking a significant horizontal resistance.
The market will most likely go higher.
Next resistance - 1.669
❤️Please, support my work with like, thank you!❤️
AUDJPY Short Setup: Leveraging Probabilities for Better TradesKey Fundamentals
China's Economic Slowdown: Australia relies heavily on trade with China. If China’s economy weakens, it can hurt Australia’s economy and the Australian Dollar.
Safe-Haven Demand: In uncertain times, investors often turn to safe-haven currencies like the Japanese Yen, which could lead to a drop in AUD/JPY.
Different Central Bank Policies: The Bank of Japan is keeping interest rates low, while the Reserve Bank of Australia may consider rate hikes. This difference can strengthen the Yen against the Australian Dollar.
Using Probabilities for Short Trades
By combining these fundamentals with a probability-based strategy, I aim to effectively trade AUD/JPY.
12M:
2W:
2H:
On this timeframe I can get positioned into shorts based on probabilities.
AUDUSD: Bearish Reversal Confirmed 🇦🇺🇺🇸
AUDUSD formed a head and shoulders pattern on a daily time frame.
With the release of the Friday's US fundamentals,
the price dropped rapidly and violated a neckline of the pattern.
This morning, the price nicely retest the broken neckline and respected that.
We can anticipate a further bearish continuation now.
Next supports: 0.6645 / 0.657
❤️Please, support my work with like, thank you!❤️