INVESTMENT IDEA - PAGE INDUSTRIESPage Industries presents a compelling investment opportunity, supported by both technical indicators and robust fundamentals.
Reasons are listed below :
Technical strengths :
The psychological level of 35,000 has shifted from a resistance point to a strong support level, reflecting market confidence in the company's prospects.
The formation of a hammer candlestick pattern on the weekly chart signals a potential reversal from a downtrend, indicating buyer support at lower price levels.
Finding support at the 0.5 Fibonacci retracement level suggests a healthy correction within an overall uptrend, reinforcing investor confidence.
Page Industries' stock price is supported by the 200 Exponential Moving Average (EMA) on the weekly timeframe, highlighting its stability even during market fluctuations.
Fundamental Strengths:
With well-established brands like Jockey and Speedo, Page Industries maintains a competitive edge and market leadership.
Consistent revenue growth and profitability underscore the company's financial health and prudent management.
Strategic partnerships and expansion efforts enhance Page Industries' market presence and growth prospects.
Page Industries' focus on product quality, innovation, and customer satisfaction ensures its offerings remain relevant and competitive.
Target - 43000 // 53000 // 67000
Stoploss - monthly close below 27000
Longterm
ROSE ANALYSIS🚀#ROSE Analysis : What Next ??💲
✅As we can see that there was a formation of "FALLING WEDGE PATTERN" in #ROSE. We are expecting a bullish move in #ROSE after a breakout of falling wedge pattern
🔰Current Price: $0.06235
🎯 Target Price: $0.09755
⚡️What to do ?
👀Keep an eye on #ROSE price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#ROSE #Cryptocurrency #TechnicalAnalysis #DYOR
TNSR/USDT: Primed for a Bullish Breakout!$TNSR USDT: Bullish Setup 🚀
TNSR is forming a symmetrical triangle, a pattern signaling a potential breakout. The price is consolidating and nearing the apex, preparing for a strong upward move. A break above the triangle's resistance could lead to significant upside momentum. 📈
Entry Point: Current Market Price (CMP) $0.357 USDT
📉 Add more positions on dips to support around $0.32 USDT.
🎯 Targets:
$0.43
$0.49
$0.65 (Final Target)
⛔ Stop Loss: $0.29 USDT to manage risk.
⚖️ Leverage: Use with caution, between 3x and 8x based on your risk tolerance.
DYOR & NFA
#Crypto #TNSR
EDELWEISSHi guys,
In this chart i Found a Demand Zone in EDELWEISS CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
ETH ANALYSIS🔮 #ETH Analysis 🚀🚀
💲💲 #ETH is trading in a Descending Broadening Wedge Pattern. And the price is trading around its support zone. We can see again a pullback from its support zone
💸Current Price -- $2354
📈Target Price -- $3680
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETH #Cryptocurrency #DYOR
#PYTH/USDT: Bullish Breakout Ahead! SEED_DONKEYDAN_MARKET_CAP:PYTH /USDT: Long Position🚀
PYTH is forming a descending wedge pattern, which is a bullish reversal setup. The price has consolidated and is approaching a breakout point. If the price breaks above the wedge resistance, a strong upward move can be expected, with significant upside potential indicated in the chart.
Entry Point: Current Market Price (CMP)
Additional Positions: Add more if the price dips to the support zone near 0.25 USDT.
🎯Targets:
$0.39
$0.49
$0.65
$0.72 (Final target)
⛔Stop Loss (SL): $0.24 to manage downside risk.
⚖️Leverage:
Use leverage cautiously, between 5x and 10x depending on your risk tolerance.
DYOR NFA
#Cryptocurrency #Crypto #XRP
BTC - Bullish Control Persists!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per our latest analysis, attached on the chart, BTC has rejected the $50,000 - $52,000 support zone and has been trading higher since then.
As long as the bulls remain in control, a continuation towards the $61,000 - $62,000 resistance zone is expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Value Investing at its FinestThanks to trading view, we do not have the capability to create groups specially for value investing. In the Indices group, I mentioned ALTM and lithium prices and its analysis of global demand and geo political factors.
People laughed at my idea and the bears came hunting on the group.
China has shut down a lithium plant leading to 8% decline in lithium production in the country which led to US lithium stocks soaring.
Value investing at its finest - only at Foxx Invest.
Feel free to DM me for value investing discussions. No charity. Trade an idea and analysis for an analysis and idea.
Feel free to see my previous ideas and check out their performances. No 15000 lines on a chart trying to outguess the other guy in a crowd of millions.
Simple, easy, detailed analysis leading to returns which you can see for yourself in all my ideas.
Never doubt the Foxx
$WIF Breakout Alert: Targeting 89% Gains!CRYPTOCAP:WIF is breaking out from a symmetrical triangle pattern on the 4H chart, which often indicates a potential continuation move.
📈 Entry Point: $1.55 - $1.60
🎯 Targets: $2.20, $2.60, $3.00
❗ Potential Gain: 90% to the upside.
🔄 Trading Strategy: Watch for a sustained breakout above the resistance line. A stop-loss of around $1.330 could be considered to limit downside risk.
📢 DYOR, NFA
#Crypto
BTC likely ends week of sept 15th 2024 under 55kBTC hopefully completes the week under 55k to complete the 20 day corrective wave before starting the bull run up. Also could complete the month under 55k if we are lucky to complete a monthly corrective wave, but the 2 week, weekly, and daily timeframes have completed their corrective waves so it is still possible we wont go under 55k and just go higher here. It just looks more likely to finish the corrective wave this week and then switch to bull.
$BTC Update - Can bitcoin price touch $100-150K milestone?I have already shared bitcoin fundamental confirmations on X.
Here are some technical confirmations related to bitcoin 👇
1. Major Bull flag pattern!
2. Big supply at $68K-58K has been succesfully flipped.
3. Hash Ribbon Buy signal!
4. Pi Cycle indicates BTC is yet to form a cycle top!
5. Weekly 50, 100, 200 EMA as support!
6. NO weekly or monthly RSI bearish divergence.
Monthly RSI has not yet touched 85-90.
7. Binance funding rates turned negative for the first time since September 2023.
IF YOU LIKE THIS UPDATE, PLEASE BOOST & FOLLOW. THANKS.
Bitcoin Returns following the HalvingThis chart provides a visual representation of Bitcoin's price movements in relation to its halving events. Bitcoin halving is a significant event that occurs approximately every four years, where the reward for mining new Bitcoin blocks is halved, effectively reducing the rate at which new Bitcoin is generated. Historically, these halving events have been followed by significant changes in Bitcoin’s price.
Key Points from the Chart:
Historical Performance After Halvings:
The chart tracks Bitcoin's monthly price performance following each halving event. It shows a pattern where September, after a halving year, often marks a critical turning point.
For instance, in past cycles (2013, 2016, and 2020), the months following September have seen significant gains, particularly in October and November.
September as a Pivot Month:
The data suggests that September, following a halving year, tends to be a weaker month, often showing negative or relatively flat returns. However, it is followed by strong positive returns in the following months (October, November, December).
This pattern indicates that September could be the last opportunity to enter the market before a potential significant upward movement.
Average and Median Returns:
The table in the chart highlights average and median returns for October, November, and December after the halving. These months typically exhibit strong performance, with October and November particularly showing robust growth historically.
Market Sentiment Advice:
The message associated with this chart emphasizes a contrarian investment approach: "Buy when there's fear." The logic is that entering the market when sentiment is low (fear is high) can position investors well for the strong returns historically seen in the months following September in a halving year.
Conclusion:
This chart and analysis suggest that if Bitcoin follows its historical patterns post-halving, there could be significant gains in the final quarter of 2024. September might be a period of accumulation for those looking to enter or expand their positions before a potential bull run. The overarching message is to be cautious of buying into hype and to consider entering the market during periods of fear and uncertainty, which could offer the best buying opportunities.
Potential double bottom on ICP on the 1WHere's an idea about the Internet Computer Protocol. It looks like we are forming a double bottom at the orange market support level. We are still trading below the EMA50 on the 1W which could be the biggest short term resistance for a breakout. This is a long term idea that might be worth keeping an eye on.
BTC - Wait for It!The two roads diverged in a yellow wood :)
Critical area for BTC at the moment.
Break above $62,000 for a bullish continuation towards $68,000.
Break below the lower trendline for a deeper bearish correction towards $52,000.
Which scenario do you think is more likely to happen first and why?
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Good time to buy and HODL!Arweave (AR) is one of my recent coins which I choose to invest in. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 2,3. Small portion will be sold on Target 1 and on Target 4 and 5.
Entry Zone: 9.07 – 11.07
Buy Zone 1: 6.06 – 7.36
Target 1: 26.03 – 28.75 (135%)
Target 2: 38.39 – 42.25 (247%)
Target 3: 56.98 – 60.36 (432%)
Target 4: 75.92 – 78.98 (609%)
Target 5: 93.40 – 99.77 (774%)
NELCO getting ready for mega trendNelco Ltd., a Tata Group company specializing in VSAT connectivity and Satcom solutions, has demonstrated steady financial growth with a market cap of ₹2,919 Cr and a current stock price of ₹1,279. Despite a high P/E ratio of 130, the company maintains an ROE of 20.7% and ROCE of 23.4%. Over the past year, sales reached ₹316 Cr with a net profit of ₹22 Cr. Although the stock trades at 23.6 times its book value, Nelco continues to deliver a healthy dividend payout ratio of 23.2%. Recent quarterly sales of ₹74.08 Cr saw a slight dip, yet profitability remains stable.
NELCO finally broker-out and ready for 5X to 10X target
I bought at 1130 with a stop loss below 1060
T1 - 2048
T2 - 3009
T3 - 3950
T4 - 4563
BTC - Bullish Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish, trading inside the rising wedge channel in brown.
Yesterday, after Jerome Powell's speech, BTC jumped above the $60,000 zone.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline acting as a non-horizontal support.
📚 As per my trading style:
As #BTC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
#ALOKINDS long term buy setup (24/08/2024)Greetings Folks,
today i have prepared a setup on NSE:ALOKINDS on NSE
the analysis is as follows
- the price is now trading near a very important resistance which has been tested many times now. The more times a resistance gets tested, the weaker it gets
- the price has took support from the 0.5 fib levels, it might test it again or move down to 0.618 levels
- i have also marked a support zone from where the rally started, use it when the price breaks the fib levels
- if the price breaks the zone too, use the last swing i have marked as liquidity
dont play with fire, always use a predefined stoploss according to your risk management