Short Term Trading Advice by Naranj Capital Buy Northrop Grumman Corporation ● Buy Range- 503 - 508 ● Target- 527 - 532 ● StopLoss- 495 ● Potential Return- 5-6% ● Duration- 12-14 Trading Days
Short Term Trading Advice by Naranj Capital Buy Philip Morris International ● Buy Range- 116 - 117 ● Target- 122 - 123 ● StopLoss- 114 ● Potential Return- 4-5% ● Duration- 12-14 Trading Days
Short Term Trading Advice by Naranj Capital Buy Cintas Corporation ● Buy Range- 807 - 815 ● Target- 845 - 850 ● StopLoss- 790 ● Potential Return- 4-5% ● Duration- 14-15 Trading Days
Short Term Trading Advice by Naranj Capital Buy Sherwin-Williams ● Buy Range- 366 - 371 ● Target- 385 - 390 ● StopLoss- 360 ● Potential Return- 5-6% ● Duration- 14-15 Trading Days
The chart shows that the stock price encountered resistance near the $65 level, subsequently dropping to $52, where it found support. After rebounding from this support, the price began to rise, successfully breaking through the Inverted Head & Shoulders pattern that had formed during the consolidation phase. Following this breakout, the price entered another...
Short Term Trading Advice by Naranj Capital Buy Netflix ● Buy Range- 710 - 720 ● Target- 745 - 750 ● StopLoss- 690 ● Potential Return- 3-4% ● Duration- 10-12 Trading Days
The stock price has been on a wild ride this year, marked by significant volatility. A clear Cup & Handle formation has emerged on the chart, suggested a potential continuation of the existing trend. Following a successful breakout, the stock has maintained its position above the breakout level, demonstrating strength. The price action suggests that the stock...
The EdTech revolution is progressing rapidly! As technology advances, internet access grows swiftly, and students seek innovative learning methods, the global EdTech market is flourishing. North America currently holds a significant 37.3% share, but regions such as the Middle East and Africa, Europe, and Asia-Pacific are gaining ground, fueled by government...
Short Term Trading Advice by Naranj Capital Buy MercadoLibre ● Buy Range- 2000 - 2030 ● Target- 2120 - 2150 ● StopLoss- 1950 ● Potential Return- 5-6% ● Duration- 12-14 Trading Days
Google's dominance might be ending. A U.S. judge has decided that the company's control over search is unfair competition. This could lead to Alphabet, Google's parent company, being split up and a major change in online advertising. A new era of search could be coming, as the internet's main player may soon lose its power. Technical Analysis The share price...
The chart depicts a steady upward trend of the index. After reaching an all-time high close to the 5,670 level, the index saw a significant decline, dropped by nearly 550 points. However, after a recovery, the index once again neared its previous high, but experienced another setback. The emergence of a Double Top pattern, along with a clear RSI divergence,...
ABOUT COMPANIES Northrop Grumman NYSE:NOC excels in advanced aircraft systems, divided into four main areas: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. Aeronautics Systems designs and manufactures cutting-edge aircraft for the U.S. military and global clients. Defense Systems integrates battle management and weaponry, while...
As Bitcoin travels through the descending parallel channel, it looks like it has finally secured support near 56k, a level it has relied on multiple times in the past. We foresee a bullish movement from this point in the short term. 1st target - 65k 2nd target - 70k.
Health Care Following an extended consolidation phase from December 2021 to August 2024, the healthcare index has developed an Inverted Head & Shoulder pattern. With a recent breakout, the index is now set to experience significant upward momentum. Industrials Similar to the healthcare index, the industrials sector has also established an Inverted...
The aging U.S. population is set to double by 2050, increasing the need for caregivers. Addus HomeCare Corporation, based in Frisco, Texas, provides essential personal care, hospice, and home health services. With a market cap of $2.35 billion, Addus reported $1.115 billion in revenue in June 2024, with a 27% profit increase. The company is debt-free and has major...
The stock experienced an extended period of consolidation, during which it formed several bullish chart patterns, including the Double Bottom and Rounding Bottom. After the price broke above the neckline of the Rounding Bottom, the stock surged to reach an all-time high close to the 237 level. Since then, it has retraced nearly 17%-18%, returned to its support...
Short Term Trading Advice by Naranj Capital Buy Cboe Global Markets ● Buy Range- 200 - 205 ● Target- 215 - 218 ● StopLoss- 196 ● Potential Return- 5-6% ● Duration- 14-15 Trading Days
Short Term Trading Advice by Naranj Capital Buy NVIDIA Corporation ● Buy Range- 111 - 115 ● Target- 125 - 127 ● StopLoss- 107 ● Potential Return- 9-10% ● Duration- 14-15 Trading Days