TASI-4014: SCIENTIFIC & MEDICAL EQUIPMENT HOUSE - 2 DEC 2024Bullish bias for TASI-4014: SCIENTIFIC & MEDICAL EQUIPMENT HOUSE - 2 DEC 2024.
Buy at 52.1 with Stop Loss at 47.5.
TP-1 AT 56 and TP-2 AT 59.
TASI
TASI - 8240 : CHUBB ARABIA COOPERATIVE INSURANCE CO - 2 DEC 2024Bullish Bias for TASI - 8240 : CHUBB ARABIA COOPERATIVE INSURANCE CO on 2 DEC 2024.
Buy at 48.4 with Stop Loss at 46.
TP-1 = 50.2, TP-2 = 52.0
TASI-1212: ASTRA INDUSTRIAL GROUP - 2 DEC 2024.Bullish bias for TASI-1212: ASTRA INDUSTRIAL GROUP on 2 DEC 2024.
Buy at 168.4 with SL at 165.4.
TP-1 at 153.6 and TP-2 at 156.2.
TASI-2350: SAUDI KAYAN PETROCHEMICAL COMPANYShot-term Bullish Retracement for TASI-2350: Saudi Kayan Petrochemical Company
Buy-1 at 6.92 and Buy-2 at 6.87 with Stop Loss at 6.82
TP-1 = 6.98, TP-2 = 7.02
TASI-1830: LEEJAM SPORTSBullish bias for TASI-1830: LEEJAM SPORTS
BUY-1 at 178.8 and BUY-2 at 176.6 with Stop Loss at 173.2
TP-1 = 182.0, TP-2 = 186.2, TP-3 = 190.8
TASI-4007; ALHAMMADI HOLDINGBullish bias for TASI-4007: Alhammadi Holdings.
Buy-1 at CMP 40.70, Buy-2 at 40.05 with Stop Loss of 38.70.
TP-1: 41.20, TP-2: 42.05
TASI: Breakdown_Bears in PowerTASI:
Breakdown and Retest
Bearish Flag Pattern
Seems party is going on somewhere else ;)
Be Careful while taking trades in individual stocks.
some prefer DCA in such situations, some love the slogan "Cash is King" ;) peaceful
Double BottomDouble Bottom around 168 -168.50; a bounce
is expected.
Tomorrow's Closing is Important.
Sustaining 168 , may lead it towards 190 - 193.
On the flip side, if 168 is broken, we may
witness further downside; but it should touch
180 - 181 once before going down.
However, for a Trend Reversal, it is important
to cross 201 - 202.
TASI: HISTORICAL ANALYSIS WITH A LONG TERM STRATEGIC PLANHistorical data analysis of TASI, since its beginning in 1985, shows a peculiar pattern wherein trading TASI for only 6 months in a year for 10 consecutive years yields higher or similar returns compared to buy & hold strategy during the same period.
So a profitable strategic trading plan can be made with following
Key highlights:
50% capital exposure to the market: trading will be carried out only 6 months out of 12 months.
Higher or similar returns when compared to buy & hold strategy for the duration of plan (10 consecutive years).
Back testing results since 1985 have shown increase in returns with the rate of 8.8%, 16% & 43%.
Returns for the last trading plan (2014-2024) have exceeded 100%: the capital in 2014 would have doubled in 2024 using the strategy.
A balanced strategy incorporating the best of both ‘trading’ and ‘investing’ worlds. No worries about daily price action or getting out of trade due to stop loss, while also having the leisure and cash-in-hand for half of the year.
A long term plan: 10 consecutive years but only 6 months in each year will be traded.
If you like to access the trading plan in full details (with back testing proof in pdf & excel workbook), please reach out to me at: umairx88@gmail.com. Bear in mind that the month of November is not only included in the plan rather it is one of the crucial months of the plan.
#5110_Saudi Electric_BuyThe script is currently trading within a crucial support zone and showing signs of bullish divergence on the weekly time frame. Based on these movements, we've pinpointed a key level for potential entry for this script.
Buy @ current Market price 16.18
POTENTIAL SETUP ( TASI : 2010 )As the market currently trading in a Parallel channel. The price was reacting well the support and resistance of channel and a market currently formed a bullish morning star candle on daily TF with a mature bullish divergence. If the market successfully sustain this buying confluence the next leg up could go for new HH.
TASI: Towards Channel BottomTASI
Correction going on
RSI Divergences on Channel top
Support levels are identified
- Horizontal Support
- Channel Bottom
Take Entry on Individual Stocks carefully
TASI TADAWUL 4H ANALYSIS After taken buyside liquidity and retest FVG SIBI and displacement candle we will see a drop of the price to taken sell side
Amlak 1182 - Bullish Signs
It was great week with this stock in low time frame and now show strong signs in daily:
1- Break VWAP
2- Break level 10.8
3- Bullish candle
Price Target
TP1: 11.88
TP2: 200 MA
BANQUE SAUDI FRANSI 1050 - Bullish Signs
1- Bounce from demand level at 33.5
2- Break VWAP
3- Bullish candles
Price Target
TP1: red box (GAP)
TP2: red line Monthly Open (37.25)
TASI: At Resistance_Sideways ExpectedTASI is receiving resistance from 12,325 level (a significant level).
Gap up opening was filled yesterday and the downtrend continues after taking correction from the specified resistance level (12,325).
Profit booking due to Week and Month closure will also drag the index down further to the levels of 12,000.00 (A significant/psychological support level).
It is expected that the price may remain sideways for a while between these two levels 12,000 to 12,325 (a good sign to build up foundation for further upside movement).
On weekly timeframe, price is moving in the same way (flipped) as in recent past.
Watchout for September events in US market.
Overall, We are Bullish on TASI.
Trade individual stocks with proper risk management.
Happy Trading!
Saudi Aramco 2222 going to 25.5 at leastSaudi Aramco is having a cup and handle and going to 25.5 at least as shown in the chart.
Something to mention, is that it could still increase to the baseline. But surely technically to the ~ 25.6
TASI ANALYSIS after taken liquidity of sell side we will see an expansion to taken liquidity of buyside and fill gap of down trend
Saudi Manpower BullishGood afternoon, investors! Today, we’re diving into the technical analysis of Saudi manpower , a stock that has shown promising signs of bullish momentum. We have identified key level on the carts with Strick stop loss. based on the key technical indicators and chart patterns that support our positive outlook.
DYOR # Do your own research
4220 Emmar 12% profit 4220 Emmar 12% profit with low cost.
The company has a huge projects that are working on and 6.5 is undervalued.
It has a gap to be filled with 12% profit from 6.5 and stop line is under 6.3
Savola group 2050 - Bullish Signs
Show some strong signs:
1- Break 200 ma
2- Break Daily 200 ma
3- Break VWAP
Price Target
TP1: 48.3
TP2: 50.4
