Sniper-Traders

Sniper-Traders Updated 

If we look into the previous price action of TATASTEEL, we can see that before each major reversal move, there was an ascending channel formation. Price never underwent a drastic reversal as soon as it reached an inflection point. So, I'm expecting the same to happen going forward and am looking for the price to form an ascending channel pattern at any of the...

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This purchase was primarily driven by technical analysis. The price was at the lower end of the channel when I entered the trade. Apart from the technical aspects, two other factors piqued my interest. Despite a decline in PC sales, the company maintains a healthy cash flow, and they've been actively using that cash to buy back shares. Some of these buybacks...

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Fundamental Analysis According to data released by Statista on August 29, 2023, LUV holds approximately 16.9% of the domestic market share among leading US airlines from February 2022 to January 2023. This marks the third highest percentage of market share held by a single airline in the US, indicating a significant competitive advantage. Furthermore, the...

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Fundamental Analysis According to data released by Statista on August 29, 2023, AAL holds approximately 17.5% of the domestic market share among leading US airlines from February 2022 to January 2023. This marks the highest percentage of market share held by a single airline in the US, indicating a significant competitive advantage. Furthermore, the airline...

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Fundamentals The Consumer Price Index (CPI) was released in the US on September 13th, 2023, and inflation is on the rise. Year-over-year (y/y) inflation, which had been decreasing month after month for a while and had almost reached 3% in July, has spiked up to 3.2% in August and 3.7% in September. This 3.7% figure is even higher than the forecasted value of...

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The price is close to the upper trendline of the channel and is at a level where selling pressure is more likely to occur. Personally, I believe that the stock is overvalued from a financial standpoint, especially in a situation where the overall market is at an all-time-high valuation. I'm not comfortable holding onto the stock at the current valuation, so I...

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Fundamentals As far as I'm concerned, after Chapek became the CEO in 2020, he had the idea to transform Disney into a modern media company, but this attempt was a failure. Disney is losing money in its media business. But since Iger returned as the CEO in November 2022, we can hope that the damage done by Chapek will be taken care of over time. He has agreed to a...

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Technical Analysis The price has touched the lower trendline of the internal structure, and there is a high probability for a move of about 30% to the nearest target levels. Moreover, if the outer structure creates a larger channel, then, to the upper trendline of the channel, there is a move of about 60%. So, all in all, the risk is worth the reward. Only 1.25%...

Sniper-Traders Updated 

Although I do expect a dip of over 5%, before a rally, I'm still ready to take that risk. There is a high probability for a crash in US equity market anytime and if that happens, commodities, especially gold and silver, should be there in the portfolio to act as a hedge. I'm not a big fan of gold and I consider it as an overhyped element when compared to silver...

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I acquired the stock as part of the demerger of RIL. However, due to the lack of publicly available details about the business model or the growth prospects of the company, as well as the inability to conduct technical analysis based on the current chart, I don't feel it is safe to maintain this position for an extended period. Additionally, I believe that, for...

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I initiated my position in the stock on November 17th, 2022. Subsequently, I added to the position on December 2nd and December 20th of the same year. With these additions, the total position accounted for about 2.5% of my capital. However, the market crash persisted, leading me to close the position for tax loss harvesting on March 31st, 2023, at around 296.30....

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I took my first position on Feb 17th, 2023. I then added to it on April 3rd and May 25th. The total holdings in the stock summed up to around 2.5% of the capital, and I held the stock for over 6 months. Technically, I am expecting a reversal move and have therefore decided to book the profit. I don't have much insight into the potential of the aluminum sector...

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It is the world's most valuable semiconductor company. That's the one and only reason for taking an entry in this stock. Semiconductor is such an important component that is required for almost every aspect of the modern world. Took a position for about 1.25% of the portfolio. Will consider adding onto the position only if it reaches the bottom of the larger...

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The detailed analysis is already posted. Connecting that analysis underneath. Do check that out.

Sniper-Traders Updated 

Technicals : From a pattern perspective, from April 2022 onwards, each time a major low was created, there was some sort of descending channel formation. Now it is a case of pattern inside a pattern and we can see the same formation even inside the internal pattern. I did take two entries at two major inflection points and the market rallied after both of them....

Sniper-Traders Updated 

Although I expect a move upwards in the short term, there is a high probability for a black swan event and the price of all the speculative assets to come crashing down. Crypto will be leading the crash since it is the most speculative of all asset classes. If the debt crisis situation in the US and the recession worries, which the FED has been relentlessly...

Sniper-Traders Updated 

Price is at the top of the internal structure. There is a high probability for a short term reversal move to the low of the HTF structure. Since the overall market is primed for a crash and Pharma is a sector which is not within my circle of competence, I think it is better to book profits and wait for a crash, if any. Will consider a re-entry if market comes...

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Silver is a safe investment and it can help to protect the portfolio against inflation and economic uncertainty. I do expect a deep crash in US market in the near future and in the light of that view, I believe that it is time to add silver to the portfolio. I'm more interested in Silver over gold because it moves more than gold in terms of percentage. I also...