TERM
DAILY CHART - RELIANCE INFRAThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
NSE:CCL Products - Updated chart key levels 🎚You can check the previous updates
CCL Products Ltd (CCL) is in the business of converting raw coffee beans into instant coffee granules/powder. The company is not only
India’s largest coffee processor, but it has the world’s largest single location plant and has top private label instant coffee manufacturers
across the globe as its clients. While prima facie it looks like a commodity conversion business, unlike tea or other commodities, coffee
processing is a specialist job as the flavour and consistency has to be maintained batch after batch irrespective of the input quality or
grade. Not many companies have been successful in doing this and hence, globally, coffee business has very little competition and high
profitability.
Worldwide CCL’s coffee is being consumed at the rate of 1,000 cups per second. CCL exports its processed coffee to more than 90
countries and supports more than 250 brands with sustainable supplies — both quality and quantity. CCL has on offer more than 1000
recipes for the clients to choose from. It has a combined state-of-the-art manufacturing capacity of 35,000 MTPA, which is spread over
Duggirala (Guntur District of AP), Kuvvakolli (Chittoor District, AP), Switzerland, and Vietnam. Having succeeded in placing their coffee on
the world markets, CCL launched its ‘Continental Coffee’ brand for the Indian market, which should act as a major growth catalyst, going
ahead. With the help of its rich experience in the international markets, it has developed 250+ blends, claiming they are superior to its
competitors’ blends
Bullish Outlook: A Long Position on XAUUSDIn today's volatile market, an opportunity has emerged that demands attention. With a thorough analysis of the XAUUSD pair, it becomes evident that a long position is favorable. The following factors support this bullish stance and pave the way for potential gains.
Safe-Haven Appeal:
Gold, represented by XAU, has long been revered as a safe-haven asset during times of economic uncertainty. Amidst geopolitical tensions and potential market corrections, investors seek refuge in this precious metal, driving its price higher.
Inflation Concerns:
Persisting concerns over rising inflationary pressures have prompted central banks to maintain loose monetary policies, thereby weakening fiat currencies. Gold has historically been an effective hedge against inflation, making XAUUSD an attractive choice for traders looking to protect their wealth.
Technical Analysis:
Careful examination of the XAUUSD pair reveals an encouraging technical setup. Bullish chart patterns, such as a breakout from a key resistance level or a golden cross formation, suggest upward momentum and the potential for sustained price appreciation.
Conclusion:
With the backdrop of ongoing economic uncertainties and inflationary worries, it is prudent to consider a long position on the XAUUSD pair. The combination of gold's safe-haven appeal and the positive technical outlook creates a compelling case for traders seeking profitable opportunities. However, it is crucial to implement appropriate risk management strategies and closely monitor market developments to maximize the potential gains.
Bought 12,811 Ada for the Long TermCardano provides a potential long term play that will benefit the holders as many other Cryptocurrency Scams come to light, they fail and many people are left wondering why cant I have a fair chance of picking winners. Cardano offers a chance to redeem your view on Cryptocurrency as Midnight launches. The old way of investing into Cryptocurrency was always about good projects. As stories like Logan Paul's NFT, DNP3's Clucoin, Memecoins, and the various Ponzi Scheme 1%, 10%, 20% daily scams that prey on people that are getting into Cryptocurrency. Even Crypto Exchanges are failing so move offchain.
"Midnight will be a data protection-based blockchain that safeguards sensitive commercial and personal data, protecting fundamental freedoms of association, commerce, and expression for developers, companies, and individuals."
Bought 12,811 Cardano for AVG. Price of $0.288 last month. I believe this is a let's fly moment for Bitcoin and Cardano.
INVESTMENT IDEA FOR HALAs we can see the stock breaks its trading channel consolidation after 7 months with heavy volume and takes the support of the channel and again it breaks its trading channel on 16th November with heavy volume as compared to the last breakout volume.
STOCK IS TRADING ABOVE 20 50 EMA RSI crossing 60 from below. RSI 65
Hindustan Aeronautics Gets an LOI (letter of intent) for Nine Helicopters from Indian Coast Guard
letter of intent (LOI)
A letter of intent (LOI) is a document outlining the general plans of an agreement between two or more parties before a legal agreement is finalized. A letter of intent is not a contract and cannot be legally enforced; however, it signifies a serious commitment from one involved party to another.
educational purposes only!
Brazilian bank with space potential 🚀
Warren Buffett is famous for his investments, which he makes right at very bottom, and then holds them for many years and stocks bring him > 1000%!
There is a high probability that history will repeat it self with this cryptocurrency bank, in which he invested $ 1 billion a couple of years ago.
In fact, this is the only bet on the cryptocurrency of an elderly investor.
🏦 Nu provides digital banking services.
Every year the revenue of this bank grows by 100-200%!
The company attracts between 4 and 10 million new customers every quarter.
Given population of Latin America, the fintech company boasts significant growth potential in medium term by capturing market share.
But it should be remembered that while the bank is unprofitable, but as soon as the first profit appears, this rocket will not be stopped!
According to technical analysis, the stock found a bottom in region of $3-4 per share.
Now a new growing channel has been formed, which is confirmed by high volumes, so there is every chance that the uptrend will continue.
60% remains to the historical maximum, we will probably see this goal already this year.
💳 Nubank
Ticker: NYSE:NU
🔰 Entry price from: 7.3$
📊 Repurchase price: $5.6, $4.
🎯 Goals: $12, $15, $18
💼 Volume per trade: up to 0.5-3% per portfolio
📈 Potential return: up to 150%
It is better to keep this deal for the medium term.
You should enter the deal gradually, without rushing.
Initially at 0.5-1% of deposit.
If the stock falls, then you can average the position by 1-2%.
If the stock grows, then the entry point was good and you can increase the position by 1-2%.
You can find even more profitable ideas in the profile header 🎩
If you are interested in analysis of any other asset - write in the comments and I will do it.
XRP - Critical Zone 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
XRP has been stuck inside a big range between our 0.3 support and 0.6 resistance.
📈 For the bulls to take over from a MACRO perspective , we need a weekly candle close above 0.6
In this case, a movement till the 1.0 resistance would be expected.
📉 Meanwhile , 0.6 zone is acting as a resistance, hence if we break below 0.5 , we will expect further bearish movement.
Which scenario is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MyMI Options Play - AMZN CallsAMZN has recently broken it's current downtrend channel as identified but has also broken above and found closure/support above the 50% retracement from the $180 ATHs that it saw back in Nov. 2021.
I haven't purchased my long-term opts on this yet to see if a reversal in the current market push due to NVDA and other AI-Based movements that are holding up the markets. I expect some retracement at some point and potentially back to $114. From there I will look at the support we find back at that 50% retracement level ($114) and look for a long-term hold to back to the $140-$145s (if not higher).
NFLX - Rising Trend Channel [MID TERM]🔹NFLX is in a rising trend channel in the medium long term.
🔹NFLX broken up through resistance at 370.
🔹The volume balance is positive and strengthens the stock in the short term.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
SPY in the long term is looking to be touching resistance
The bull run in 2020 was nothing more than a massive false breakout caused by artificial juicing of the markets by the FED and GOV.
From long term perspective, we see that SPY is current at the top of its regular trading range that was set back in 2009.
There has been a few false breakouts above and below the trend since 2009
The is showing the support and resistance trend lines are spreading appart over time indicating the market is clearly getting more volatile as time goes on.
CSCO - Rising Trend Channel [MID TERM]- CSCO shows strong development within a rising trend channel in the medium long term.
- CSCO is testing resistance at 49.40.
- This could give a negative reaction, but an upward breakthrough of 49.40 means a positive signal.
- CSCO is assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️