4072an upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidence4Longby Humble_HunterUpdated 0
4007an upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidenceLongby Humble_HunterUpdated 0
4071above 214 heading to 240 above 214 heading to 240 above 214 heading to 240 above 214 heading to 240 above 214 heading to 240 above 214 heading to 240 above 214 heading to 240 Longby Humble_HunterUpdated 2
8313-Rasan-Long BullishBuy-67-74.8 SL:- 65 DCB 1st Tgt-93 2Nd Tgt:99 Company posted Good result with Operating profit increase of 98% Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.8Educationby khanrashid80Published 1
7202-Slightly BullishThe company recently posted Good result,Already price in Good buying range. Buy Range :- 245-266 With SL -219 DCB 1St Tgt :- 293 2nd Tgt-:333 3rd Tgt:-378 Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.by khanrashid80Published 1
Double BottomDouble Bottom around 168 -168.50; a bounce is expected. Tomorrow's Closing is Important. Sustaining 168 , may lead it towards 190 - 193. On the flip side, if 168 is broken, we may witness further downside; but it should touch 180 - 181 once before going down. However, for a Trend Reversal, it is important to cross 201 - 202. by House-of-TechnicalsPublished 1
Near Good Support As mentioned on 13-10-2024, Crossing 102.50 lead it towards 112. Now, 104 - 105 may act as a Good Support. and Crossing 113, will lead it towards 125 - 127.by House-of-TechnicalsPublished 3
Monthly Closing is Important! 43.80 - 44.40 may act as a Good Support. But if this is broken, next support would be around 42.10 - 42.70. However, Monthly Closing above 44.40 may trigger positivity. And it will confirm its Bullish Momentum, once it will cross 46.80by House-of-TechnicalsPublished 1
4240The AB=CD pattern is a popular harmonic pattern in technical analysis, used to identify potential reversals in the market. The bearish AB=CD pattern indicates a potential price reversal from an upward trend to a downward trend. Here's how it works and what to look for: Components of the Bearish AB=CD Pattern AB Leg: The initial upward move (AB). BC Leg: A correction or retracement from the AB move (BC). CD Leg: A continuation of the trend in the same direction as AB, ideally mirroring the length and duration of the AB leg (CD)Longby B9A-88652-NisarAhmadPublished 2
#5110_Saudi Electric_BuyThe script is currently trading within a crucial support zone and showing signs of bullish divergence on the weekly time frame. Based on these movements, we've pinpointed a key level for potential entry for this script. Buy @ current Market price 16.18Longby Humza_MehtabPublished 0
monthly closing above 113.20 would be a positive sign.a Very Important Support is around 113 - 113.50 Channel top is around 124 - 125 But before that 119 - 120 is also a Resistance point. Trade can be taken with a Stoploss of 112.50 Risky players may trade with a Stoploss of Today's Low (around 116.50) However, monthly closing above 113.20 would be a positive sign.by House-of-TechnicalsPublished 0
**Al Nahdi Pharmacy Stock Review (Ticker: 4164): Promising 27% **Al Nahdi Pharmacy Stock Review (Ticker: 4164): Promising 27% Upside! 🌟** Al Nahdi Pharmacy (4164) is an exciting buy, aiming for a **27% profit target** in the upcoming weeks! As a leading healthcare and retail pharmacy provider in the region, Al Nahdi benefits from a robust consumer base and growing demand for healthcare products and services, positioning it strongly for future growth. **Key Drivers to Watch:** - 🏥 **Healthcare Demand**: Rising healthcare needs are driving sales, with Al Nahdi at the forefront. - 💰 **Growth Momentum**: Recent performance indicators suggest a solid upward trend. - 📊 **Attractive Profit Potential**: A forecasted 27% gain presents a compelling opportunity for investors. This stock could be a great addition to a growth-focused portfolio. However, ensure to stay updated on market conditions and set appropriate stop-loss levels for optimal risk management.Longby Asif_Brain_WavesPublished 1
Riyadh Cables Group 4142**Riyadh Cables Group (4142): A High-Growth Opportunity! 🚀** Riyadh Cables Group (4142) is positioned for an impressive rally with a **50% upside target** projected in the coming weeks! As a market leader in cable manufacturing, Riyadh Cables stands strong amid rising demand in construction and infrastructure projects, making it a prime pick for growth-oriented investors. **Why Buy Now?** - 📈 **Strong Market Position**: The company leads with high-quality products and steady market expansion. - 🏗️ **Sector Momentum**: Increased infrastructure investment is set to fuel demand. - 💹 **High Upside Potential**: Forecasts indicate a promising 50% gain in the short term. Take advantage of this promising opportunity, but remember to manage risk with appropriate stop-loss strategies. With strong fundamentals and market support, Riyadh Cables could deliver substantial rewards for savvy investors!4Longby Asif_Brain_WavesPublished 0
Bulls not favoring yet.. Closed at 26.40 (24-10-24) Continuously in Down Trend.by House-of-TechnicalsPublished 0
Morning Star Formation on Weekly basis.Morning Star Formation on Weekly basis. Bullish Divergence on Daily TF. If 56.50 is Sustained on Monthly Basis, we may witness 59 - 60. On the flip side, 51 is an Important level that should not be broken otherwise, Bearish Flag Pattern may play targeting around 44 - 45.4by House-of-TechnicalsPublished 0
Bullish Divergence on Daily TF.Downtrend followed by Inverted Hammer. Bullish Divergence on Daily TF. However, few Bullish Hourly Candles may confirm the Buyers' Interest at this level. 46.50 is Important to Cross & Sustain for the Trend Reversal.2by House-of-TechnicalsPublished 1
HH HL on Daily TF. Bullish on Daily TF. Immediate Support seems to be around 67. However, if this level is broken, next Support levels are 61.30 - 63.50. Immediate Resistance seems to be around 70 - 718by House-of-TechnicalsPublished 0
1111an upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidenceLongby Humble_HunterUpdated 0
Massive consolidation area at low price rangeJarir is showing a massive consolidation at low price range prior to cutting down interest rate, its target price around 16 SARLongby Ammarxv1411Published 0
SADR LOGISTICS CO (4H Timeframe) Technical AnalysisSADR LOGISTICS CO (4H Timeframe) Technical Analysis Price Movements and Structure: SADR Logistics' price action shows clear zig-zag patterns, illustrating the ups and downs in the recent market movement. The price has made a series of higher highs and higher lows, suggesting an overall upward trend with minor corrections along the way. The price is currently trading around SAR 3.76 , having recently peaked at SAR 3.83 . The recent surge to SAR 3.83 shows a continuation of the uptrend, supported by significant buying volume. Key Levels to Watch: Support Levels: SAR 3.55 : This level acts as a recent minor support, observed after a slight pullback following the peak at SAR 3.83. If price revisits this level and holds, it could provide a strong foundation for further upside. SAR 3.21 - 3.26 : This zone has previously acted as a solid area of support, evidenced by significant rebounds, which indicate buying interest around these levels. Resistance Levels: SAR 3.83 : This is the immediate resistance level that the price has to overcome to maintain the bullish trajectory. SAR 3.77 and SAR 3.65 : These previous highs can also act as minor resistance if the price retreats, highlighting their relevance in the recent trend. Zig-Zag Indicator Analysis: The chart has a zig-zag indicator drawn, helping us visualize the turning points of the market. The zig-zag movements reflect the price’s natural ebb and flow, with notable pullbacks after reaching new highs. The recent upward zig-zag pattern from SAR 3.04 to SAR 3.83 indicates significant buying strength, implying that the market has some bullish sentiment still in place. Volume Analysis: Recent price increases have been supported by higher volume, particularly the rise to SAR 3.77 and SAR 3.83. This indicates strong interest from buyers. On pullbacks (e.g., at SAR 3.26 and SAR 3.21), the volume was also relatively high, suggesting buyers are stepping in to support the price. This could indicate accumulation in these zones. Possible Scenarios and Expectations: Bullish Scenario (Confirmation Required): If SADR Logistics manages to break above SAR 3.83 with strong bullish momentum and increasing volume, it may head towards the next psychological resistance around SAR 4.00 . A breakout above SAR 3.83 with confirmation (i.e., a retest that holds or a strong bullish candle with high volume) could indicate a continuation of the upward trend. Confirmation Signal: Look for a strong bullish candlestick formation and increased volume at or above SAR 3.83 to confirm the bullish breakout. If the retest of SAR 3.83 holds, it would further strengthen the potential for upward movement. Bearish Scenario (Risk Considerations): If the price fails to hold above SAR 3.76 and breaks below the SAR 3.55 support level, it could lead to a deeper correction towards SAR 3.26 - 3.21 . This level has previously provided support, but any break below it could weaken the overall bullish structure. Confirmation Signal: A close below SAR 3.55 with increasing bearish volume could signal a move towards SAR 3.21. Traders should watch for significant selling pressure and a lack of bullish response at support to confirm further downside potential. Technical Indicators and Risk Management: Trend Strength: With the price trading above previous resistance levels, the trend remains bullish for now. However, the presence of a double top or failure to make a new high above SAR 3.83 could signal a potential trend reversal. Risk Management: It is crucial to have well-defined risk parameters, such as setting a stop loss below key support levels (e.g., SAR 3.55 or SAR 3.21), to minimize exposure in case the market reverses against expectations. Summary: SADR Logistics is in an upward trend with notable higher highs and higher lows, but it is currently facing resistance at SAR 3.83 . Bullish Scenario: A breakout above SAR 3.83 with confirmation could signal a continuation to new highs, with SAR 4.00 as the next target. Bearish Scenario: A break below SAR 3.55 might see the price retrace towards the SAR 3.26 - 3.21 area, which could be a buying opportunity if support holds. Disclaimer: This analysis is for informational purposes only and should not be taken as financial advice. Always conduct your own research (DYOR) before making any trading decisions. This is not a buy or sell recommendation, and risk management should always be a priority when trading. by hansonjuPublished 0
Make it or Break itMonthly Closing above 34 would be a positive sign. But if 34 is broken, next support seems to be around 28 - 29 by House-of-TechnicalsPublished 0
Still bearish but..Immediate Support seems to be around 25.70 - 26; double bottom but that needs some confirmation. If this Support is broken, next support seems to be around 24 which is also a bearish flag pattern target. On the flip side, Resistance area is around 27.80 - 28.502by House-of-TechnicalsPublished 1
Stoploss in this case should be below 59.as mentioned in last analysis, 67.70 was an Important Resistance. Now, 70.70 is Important Level to Sustain, next targets can be around 84. Buy on Dips can be a Good Strategy. However, for a Handsome Gain, wait for 84.20 to sustain; Targets can be around 125 - 128. Stoploss in this case should be below 59.by House-of-TechnicalsPublished 0