NaranjCapital

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◉ Abstract On December 18, 2024, the Federal Reserve lowered interest rates by 0.25%, marking its third cut in a row. However, the Fed also said it might not cut rates much more in the future because it expects the economy to grow stronger and inflation to continue. This cautious message worried investors, causing a sharp drop in the stock market. The S&P 500...

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Short Term Trading Advice by Naranj Capital Buy Agilysys Incorporation ● Buy Range- 137 - 140.5 ● Target- 148.5 - 150 ● StopLoss- 132 ● Potential Return- 6-7% ● Duration- 14-15 Trading Days

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◉ Abstract Atour Lifestyle Holdings Limited is taking advantage of China's fast-growing hotel industry. The hospitality sector of China is expected to reach $157.46 billion by 2032, growing at a rate of 8.23% each year. This growth comes from a strong economy, more people moving to cities, and an increase in travel. Atour uses a smart business model that allows...

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● After facing a notable setback at the $415 mark, the stock took a dramatic plunge, dropping around 75% before finding its footing close to the $100 threshold. ● Following this, the stock entered an extended period of consolidation, eventually created a Rounding Bottom pattern. ● Recently, the stock has surpassed its previous resistance and reached all-time...

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Short Term Trading Advice by Naranj Capital Buy Kroger Company ● Buy Range- 57.75 - 60 ● Target- 63.3 - 64 ● StopLoss- 56.5 ● Potential Return- 6-7% ● Duration- 12-14 Trading Days

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Short Term Trading Advice by Naranj Capital Buy Daktronics Incorporation ● Buy Range- 18.3 - 19 ● Target- 20.5 - 21 ● StopLoss- 17.2 ● Potential Return- 9-11% ● Duration- 14-15 Trading Days

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Natural gas prices began the week with a gap-up, driven by forecasts of colder weather increasing demand, but have since faced strong selling pressure, making traders cautious. ◉ Technical Analysis ● A bullish turnaround seems imminent for Natural Gas prices, highlighted by the appearance of an Inverted Head & Shoulder pattern on the daily chart. ● After...

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◉ Abstract The cybersecurity landscape is rapidly evolving, with emerging threats and innovative solutions driving growth in the industry. This article examines the competitive dynamics between three leading cybersecurity stocks: Palo Alto Networks (PANW), CrowdStrike (CRWD), and Fortinet (FTNT). As these companies sprint to become the top cybersecurity provider,...

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The stock has been in consolidation since August 2020, forming an Inverted Head & Shoulder pattern. Recently, it broke out above the neckline and is attempting to sustain above the 200 level. Currently trading at 210, the stock has the potential to surge to 500 levels in the next few years. However, the breakout lacks strong confirmation, as a significant bullish...

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Corcept Therapeutics is making waves in the booming U.S. biotech scene, with its stock surging 46.2% over the past six months. The company, known for its Cushing's syndrome drug, Korlym, reported a staggering 39.1% year-over-year sales increase, reaching $310.6 million in H1 2024. With a market cap of $4.42 billion, Corcept is actively developing new treatments...

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● Following a significant rejection around the 46.5 level, the stock price dropped nearly 50%. ● However, it found support near the 24.3 level and staged a comeback. ● After nearly three years, it has now broken through its previous major resistance and is currently trading at an all-time high. ● There are expectations that this upward momentum will continue,...

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Short Term Trading Advice by Naranj Capital Buy Royal Caribbean Cruises ● Buy Range- 228 - 233 ● Target- 245 - 248 ● StopLoss- 222 ● Potential Return- 5-6% ● Duration- 12-14 Trading Days

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◉ Introduction The relationship between bond yields and stock prices is crucial in understanding financial markets. Generally, bond yields and stock prices exhibit an inverse relationship, meaning that as bond yields rise, stock prices tend to fall, and vice versa. This dynamic is influenced by several factors, including opportunity costs, corporate financing...

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Short Term Trading Advice by Naranj Capital Buy GoDaddy ● Buy Range- 182 - 186 ● Target- 195 - 197 ● StopLoss- 177 ● Potential Return- 5-6% ● Duration- 12-14 Trading Days

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◉ Abstract Opera Limited (OPRA) presents a compelling investment opportunity, boasting an attractive valuation with a P/E ratio of 10.1x, significantly lower than the peer average of 66.5x. The company demonstrated strong financial performance in FY23, with 20% revenue growth reaching $396.8 million, accompanied by impressive cash flow growth of $82.8 million....

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● Silver continues to exhibit a robust uptrend, having recently touched an all-time high of 34.9 before retracing to its key support zone around 29.8. ● Following a successful bounce off this level, the metal is now regaining momentum, positioning itself for further gains. ● Notably, the immediate resistance level – aligned with the 50% Fibonacci retracement, just...

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◉ Abstract The US Dollar Index (DXY) and gold prices have a historically inverse correlation, with a stronger dollar typically reducing gold demand. Key drivers of this relationship include inflation, geopolitical tensions, and interest rates. With a 73-95% negative correlation observed over time, investors should note the current market outlook: the DXY is...

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Albemarle Corporation NYSE:ALB ● On the monthly chart, the stock is bouncing back from a long-standing trendline support that has held firm over the years. ● The daily chart reveals the emergence of an Inverted Head & Shoulders pattern following a significant decline. ● With a recent breakout, the stock appears poised for a potential trend reversal. ●...