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ALLCARGO Logistics are Stablishing and Sustaining in PerformanceNSE:ALLCARGO ................................................................................................................................................................................................................................................................................................................................................... KEY BUSSINESS HIGHLIGHTS Global events coupled with high demand across trade lanes during the second quarter of 2024 (calendar year) has led toimproved volumes and increased freight rates. Demand is expected to continue through the peak season till end of theyear. LCL volume for the quarter ended June’24 stood at 2.25 million CBM, similar on YoY basis and representing a QoQ growth of6%. FCL volume for the quarter stood at 156K TEUs, similar to last quarter and up 9% on a YoY basis. ECU Worldwide onboarded a new leadership team in Argentina, Uruguay and Paraguay as part of growth initiatives in LatinAmerica. Contract Logistics business has reported a revenue growth of 13% on a QoQ basis and 22% on a YoY basis on the back ofincreased wallet share from existing clients. Express Business: Operating cost continues to get optimized to bring about future growth in EBITDA. For Q1FY25 EBITDAstood at Rs. 20 crores, up 11% YoY and 33% on QoQ basis ................................................................................................................................................................................................................................................................................................................................................... Supply chain market is estimated to be at ₹63,000 crores. • ASCPL is a leading pan india 3PL player with an expansive network • Market leadership in chemical warehousing and dominance in western India • Building strengths in auto & engineering and ecommerce ...................................................................................................................................................................................................................................................................................................................................................
NSE:ALLCARGOLong
by iism-ExpertTrading
Support and Resistance levelsSupport and resistance levels, the bedrock of technical analysis, are fundamental elements. They serve as critical points that delineate potential price movements and are pivotal in decision-making processes for traders and investors alike The basis: There are several fundamental concepts in trading that remain the same over a long period of time. Among them, the concepts of support and resistance levels stand out. When used correctly, support and resistance levels improve trading efficiency in financial markets. Today we will delve deeper into these concepts. Price behavior: The fundamental principle of price behavior lies in the concept of supply and demand, governing the existence and operation of any market. When demand outweighs supply, it prompts an upward push in prices, while in reverse circumstances, a decrease is observed. By identifying levels of supply and demand, traders significantly enhance their success rate. A support level indicates a price range where strong buying positions are concentrated, typically defined by two minimum price points. A resistance level, conversely, denotes a price range around which strong selling positions are clustered, often marked by two maximum price points. It's important to note that support and resistance levels should not be viewed as precise lines. Prices may not necessarily adhere to these levels point by point; often, they may not even touch the level directly, sometimes piercing through it. This variability is normal, so these levels should be perceived more as zones of support and resistance. The width of these zones can vary, with the magnitude of dispersion dependent on the timeframe in which trading occurs. The higher the timeframe, the potentially broader the range of support and resistance levels. Once again for strengthening: Support and resistance levels represent specific price ranges on a chart (often represented by rectangles in my analysis) where the direction of price movement has historically changed. These ranges attract traders' attention because they provide clear points for setting stop losses and entering trades. In addition, these levels usually attract large buyers or sellers whose limit orders contribute to market dynamics. Essentially, the level denotes the price area in the market where traders perceive the price to be either overpriced or underpriced, depending on the prevailing market conditions. Therefore, it is extremely important to closely monitor key levels where the role of support and resistance has changed or where significant price reversals have occurred. Blending levels signify pivotal points on a price chart where price action can prompt a reversal in the opposite direction. In the presence of a robust trend, price movements may penetrate through these supply and demand levels, leading to potential shifts in direction. Such occurrences typically coincide with heightened transaction volumes. The interplay of price adjustments, heightened market activity, and trading volumes collectively influence market direction. When resistance is breached and the price retraces to its previous level, there's a likelihood that bulls will once again push it upwards. Conversely, if the price retraces to the breached level after breaking through support, bears are likely to actively drive it downwards. Support and resistance levels can be identified as areas in the market where traders are more inclined to buy or sell, depending on current market conditions. This creates a zone of collision between buyers and sellers, often prompting the market to change its direction. Retest: A retest of a level refers to a brief return of the price to the breached support or resistance line for testing purposes. Following the retest, the price typically continues its movement in the direction of the breakout. On higher time frames, support and resistance levels become more powerful: It is important to observe the price action around levels: If the price swiftly reverses from a level into the opposite trend, it indicates significant importance of that level. If the price tests a specific area multiple times with minor retracements, it's likely that the level will eventually be breached. Swing zones refer to areas where the price retraces to the previous pullback in either a downtrend or uptrend. In less robust trends, the price tends to return to the boundary of the previous correction before continuing its movement. Of course, support and resistance are dynamic concepts that require constant attention and analysis as their meaning changes depending on prevailing market conditions. Moreover, it is critical to consider multiple confirmations such as volume analysis and breakouts to confirm the strength of these levels. Thank you for your attention!
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Education
by truepersonal
26
Paramount (PARA) Flirting with Historical Support, Time to Buy?Hi Guys. As usual always on the lookout for Macro trend setups, signs and opportunities. PARA seems to be in a position of low risk trade setup. We have made it to a Historical Support level, where interactions here normally leads to bounces upward. Please note however that previous history does not mean it is 100% probable that it will repeat. HOwever, being in a downtrend for some time now. It is likely that there maybe DEMAND in this area. Its important to watch for signs of confirmation of Support. This weeks candle may show signs. It is a Hammer candle printing at the bottom of a downtrend since January. Lower wick indicates buy pressure or demand. Notice ABOVE we have a resistance trendline. Note if we bounce from here, that will be our area to watch. This resistance trendline has been dragging us down since April 2022. We could also be attempting to form a double bottom. Recently there is also an uptick in VOLUME, which can indicate support of the demand currently seen at this support lvl. Ive added 2 indicators. MACD shows that we have not reached ABOVE the 0 lvl in quite sometime. Hinting to the idea that eventually we will. Notice also the presence of Bullish Divergence with MACD and price action. Watch for the change in color of the histobars to light red. This will suppport the idea of waning bearish momentum. The presence of a bullish cross is also vital to watch for. Now notice RSI. Our current RSI as indicated by orange circle, shows flattening of the RSI. This shows buying is stalling the sell off. However, notice the rectangles highlighting previous flattening of RSI. There is a possibility of RSI continuing downward. An important sign for the RSI in my opinion would be if RSI can move above the resistance trendline. This thinking ahead, can coincide with breaking the Major resistance in price action. Regardless of what happens, right now we are in a critical area and pushes for observation. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on PARA in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:PARALong
by SafofAllTrades
1
At Support - JINDALSTEL📊 Script: JINDALSTEL 📊 Sector: Steel 📊 Industry: Steel - Sponge Iron Key highlights: 💡⚡ 📈 Script is trading at its support level which is near 765. 📈 Script may take support at this level and bounce back from here. 📈 One can go for Swing Trade or a Positional Trade. ⏱️ C.M.P 📑💰- 808 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:JINDALSTELLong
by radha_23
Alikze »» SKL | Pullback to broken structureIn the daily time, after the floor in the range of 0.019, it has entered a motivational upward phase, which is facing a correction with the failure of the dynamic trigger and the specified supply area, which is supported in the green box area where a break has occurred. It will grow up to the next supply area. Otherwise, it can continue up to the range of the dynamic correction trigger, which will make it difficult to continue the upward path. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
WHIRLPOOL: SUPPORT LEVELSNSE:WHIRLPOOL is currently trading at its 2018 low levels, indicating a significant downtrend in the stock's price over the past few years. However, the recent formation of a hammer candlestick pattern suggests a potential reversal in the downward trend. Yesterday's hammer candlestick, followed by today's confirmation, indicates that buyers have stepped in to support the stock at these levels, potentially signaling a shift in sentiment. The hammer candlestick pattern is characterized by a small body with a long lower wick, indicating that despite a period of selling pressure, buyers were able to push the price back up, typically closing near or above the open. This pattern is considered bullish when it appears after a downtrend, as it suggests that sellers may have exhausted their momentum and that buyers are starting to gain control.
NSE:WHIRLPOOLLong
by VanshikaUdeshi
$NVDA Extreme Peak PatternYesterday's Top Gainer for the NASDAQ has found support at a precise technical level. This is usually technical professional traders. There could also be a few Dark Pools in the mix. DPO Cycle Chart: The Detrending Price Oscillator I use to show the long-term cycle of a stock shows an Extreme Peak which needs to pattern out with the stock shifting sideways for a while. The Extreme Peak is not necessarily an exhaustion of trend pattern. Between 2007 and 2020, NASDAQ:AAPL had 4 Extreme peaks, corrected and resumed the uptrend between each peak. Troughs were shallow during those years. NASDAQ:NVDA needs to shift into a platform or other sideways trend to pattern out the Extreme Upward Cycle Peak. Otherwise, at some point, the over-speculated price will become a correction on the short-term or intermediate-term trend. This means that NVDA can move higher for a while BUT this is not an ideal long-term entry level until it patterns out that extreme peak.
NASDAQ:NVDA
by MarthaStokesCMT-TechniTrader
DISNEY Revisiting a 10 year Support LineThis Technical Analysis is on Disney (DIS), on the 2 Week timeframe. Our Current Price action is TESTING SUPPORT on this MASSIVE Decade Long SUPPORT LINE. The 1st time we have ever tested SUPPORT on this was September 29th, 2014. Highlighted by the RED circles, everytime we've tested this we've had some sort of Price Bounce. The Most massive gains were from the Bottom of the COVID Crash to the TOP @ approx. $202.00 A Gain of about 154%. It was also a more evident time to buy as the RSI gave hints along with some other indicators. Another one being the GOLDEN CROSS where 2 week 21 EMA CROSSED Above 2 week 50 SMA . Whats happening now? Currently our 2 week candle, has not yet closed. It will do so August 14th. We will give more clues then. If we maintain support thats GOOD, If we see ourselves below it, and CONFIRM BELOW that would be VERY BAD. This would mean we have broken a 10 year SUPPORT LINE. We have also had a DEATH CROSS, which is when 21 EMA CROSS below the 50 SMA. This often times causes price to fall as we've recently seen. The moving averages currently seems like there pointing downwards, indicating that price can still drop more. I would like to see the Moving Averages to flatten out at 180 degrees. To have this happen price needs to bounce from here. Price is also currently in a downward channel.NOTE how the lower trend line of the channel is below the MAJOR RESISTANCE. It can be possible that we test this. Notice the BLACK ARROWS on the RSI and MACD. If you relate them to the lower trend line of the downward channel on Price action. This shows a BULLISH DIVERGENCE. Which is a sign of potential BULLISH MOVE UP. Bullish Divergence = When Price action shows LOWER LOWS but the indicators show HIGHER LOWS. Usually means price is lagging behind the indicators and eventually PRICE will increase to catch up to the indicators. In normal instances, price moves in sync with indicators. If PRICE moves BELOW the SUPPORT, its possible we touch this area indicated by the BLACK ARROW, which coincides with the horizontal black line that touches the previous candle wicks. This would put the BULLISH DIVERGENCE at play. Look to see in the upcoming weeks what happens. Some danger signs are seen in the indicators: RSI -> Currently our ORANGE RSI Line as moved below the BLACK Moving Average. If you look left it has always been associated with price drops. If we continue to stay below, risk of price drop remains. MACD-> Notice how the size of the GREEN histograms have been decreasing, indicating a slow down on MOMENTUM. If we don't see bigger GREEN histograms print, next likely thing is the appearrance of RED Histograms which will indicate increased probability of PRICE going down. ADX -> Highlighted zone shows RED LINE above GREEN. This indicates that bearish momentum is present. As long as RED line is ABOVE GREEN, likelyhood of bearish momentum and price falling is probable. CONCLUSION: Disney has reached the CRITICAL SUPPORT line for the 5th time in the 10 year history of this SUPPORT LINE. Everytime when it did so as seen in previous history, its been known to be decent area to BUY. Is it a good area to buy? In my opinion its hard to tell in this moment. For one, we should wait till the close of this CURRENT 2 week candle on the 14th of August. Something to note, everytime we test a trendline, support or resistance, each time it gets weaker. Keeping this in mind, with the warning signs in the indicators and a potential BULLISH DIVERGENCE, a scenario that can be possible: we break it, to test the lower trend line of the Downward channel, only to have prices MOVE BACK UP. But its important to state that this doesn't have to happen either. We need to be patient and observe what is to come in the coming weeks. Zooming into the smaller timeframes, can also give more concrete short-term clues on direction. Stay tuned for updates on other timeframes. Thank you for your time! Please do support this idea and my work by boosting, following and commenting. Follow for updates and ideas on other trade-ables. If you have any questions do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. When trading always spend majority of your time on risk management strategy.
NYSE:DIS
by SafofAllTrades
HINDUNILVR AT SUPPORT !!!Hello to everyone Hindunilvr tradind near demand zone ..2420--2460. If price respects this level than We can see a reversal from the support level in coming days.If price taken support from the support level than we can see target of 2525--2600++ In next coming day's. If price breaks the level of 2620 than support level will breakdown and price can move towards the downside. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
NSE:HINDUNILVRLong
by Jha_Nidhi
2
MUTHOOT FINANCE AT CRUCIAL SUPPORT LEVEL !!Hello to everyone Price trading near strong demand zone. If price respects the support level of... 950--945, than we can expect a good move in price towards the upside and if price breaks the support level than price will go down to fulfill their the downward targets. #MUTHOOTFIN 👉Add to your watchlist. 👉Important demand level 👉Make or Break Level 👉Support 950-45 👉Above 950 full reversal possible for 1000/1040+ 👉Fresh breakdown below 945
NSE:MUTHOOTFINLong
by Jha_Nidhi
AMZN: Moving into A Buy Zone?The Weekly Chart of AMZN shows that the stock has dropped into a strong support price level with a risk that there could be a Dark Pool Buy Zone here. The share price is now below fundamental values. With a month before AMZN reports earnings, it will be interesting to see how the stock behaves; it will reveal how well AMZN is recovering from the hyper revenues created by the stay-at-home orders and stimulus checks of the pandemic. This is the last quarterly report that will be skewed with the revenues and earnings from the pandemic anomaly. This company MUST provide a dividend soon.
NASDAQ:AMZN
by MarthaStokesCMT-TechniTrader
1
NQ Power Range Report with FIB Ext - 9/27/2022 SessionCME_MINI:NQZ2022 - PR High: 11327.25 - PR Low: 11297.75 - NZ Spread: 66.0 Evening Stats (As of 12:15 AM) - Weekend Gap: -0.23% (filled) - 8/29 Weekend Gap: -0.18% (open > 13125) - 8/19 Session Gap: -0.04% (open > 13540) - Session Open ATR: 312.10 - Volume: 40K - Open Int: 280K - Trend Grade: Bear - From ATH: -32.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 12391 - Mid: 11820 - Short: 11248 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQZ2022Long
by mv3trader5
Nifty Important levels for Wednesday 01.06.22Here are some important levels for nifty for 01.06.2022- Nifty has formed double top in 75 min time frame, and in 15 min time frame it broke its previous swing low. Hence it can be considered in retrenchment mode if we consider daily time frame. In this case we have to wait for tomorrow’s opening to predict its resistances and support levels. If nifty crosses today’s low without breaking today’s high then the trend will be continued. In that case, major support levels will be at 16500, 16288 and 16066. If Nifty crosses the last support level of 16066, then it will again enter into bearish trend. For any opening below 16656 with negative price action crossing CPR at 16590 we can enter in a bearish trade. If nifty crosses 16700 level without breaking today’s low with positive price action, then only we can initiate bullish trade. In that case important resistance levels will be at 16821 and 16912 Highest CE side OI is present at 17000 and for PE side it is at 16500, but in pe side change of OI is in negative but in CE side change of OI is in positive which indicates bearishness in the market. According to India vix at the closing time nifty range for Wednesday will be 210
NSE:NIFTY
by rahulbora11
ASX200 support remains from 6910Hi all, this morning, it's hard not to notice 6910 support on the ASX200 daily chart. Sellers once again breached the level but have again been unable to hold the break with buying developing in today's cash session. We see this level as key support as it has held firm since April 2021. Green circles show the amount of times sellers have been unable to break the level since April. Interestingly, we've seen four moves higher after a level test. Today's idea is not a buy or a sell, it's more of a heads up. We will be watching this level to see if any further ideas develop.
EIGHTCAP:ASX200
by Eightcap
DOT possible breakout?Hello everyone, let's take a look at the DOT to USDT chart over the 1 day timeframe. As you can see, the price is moving in an uptrend channel marked with blue lines. Let's start by determining the support lines with the Trend-Based Fib Extension tool and as you can see, the first support in the near future is $ 18.09, if the support breaks down, the next ones are $ 17.06 and $ 16.24. Now let's move from the resistance line as the first resistance is $ 19.35, if you can break it the next resistance will be $ 20.77 and $ 21.94 plus $ 23.09. Looking at the CHOP indicator, we can see that in the 1-day range we are starting to gain more and more energy, and the MACD indicator shows that an uptrend has started.
by cryptodailyuk
Bitcoin - Key levelsAs stated on a previous Idea, BTC/ USDT is trading on a Modified Schiff Pitchfork since 2020. BTC/ USDT is currently trading inside an ascending channel (White). The Upper Channel Line is the multi month trendline (Bold Yellow) that we broke in January. If we reclaim the 0.236 Fibo and the level 1.5 (Purple Trend) of the Modified Schiff Pitchfork as support, we could expect a move to the upside, the first stop would be the 0.382 Fibo and we should be very cautious around this level, a huge Overlap is waiting us as resistance, combined with the 200 SMA Daily and the multi month trendline / Upper Channel Line. If BTC can't reclaim the 0.236 Fibo and the level 1.5 (Purple Trend) of the Modified Schiff Pitchfork, we could expect a rejection to the lower level of the Modified Schiff Pitchfork (Pink Trend and Red Trend)
by MyCryptoSuccubus
1
That looks like great support to me... Many touches and support at this price from last consolidation, always wait for confirmation and then attack. We can see the daily MACD giving us a good entry after this consolidation over the support line, last time price was at this levels and the MACD gave us this signal ADA when nuts doing over 180% in 40 days. We always try to look for the trap in our own analysis, as we had a fakeout MACD signal last october, and, although it wasn't at the same levels or resistance, it might be our bear signal if it develops the same. You can start DCA'ing from this resistance or wait for confirmation if breaks from this reversal pattern "Don't trade withouth an strategy"
ALong
by CriptoJoe