SWING TRADE HFCL
HFCL looks good above 152 breaking out with volumes creating higher and higher low moving in a uptrend momentum consolidating just before breakout can be good swing trade.
Momentum-long
#NHPC Company has been maintaining a healthy dividend payout of 49.5%
The company is actively engaged in the construction of 15 Solar and Hydro Power Projects of 10449 MW Capacity (including JV & Subsidiaries). Total projects under clearance stood at 4112 MW and projects under survey stood at 4110 MW as on Dec’23.
MOUs
Company has signed a MoU on 3 Jan 2024 with GPCL for proposed investment of Rs.4000 Cr in Kuppa Pumped Storage Project (750 MW), Chhota Udaipur, Gujarat.
Company signed an MOU with Govt. of Odisha through GRIDCO Limited on 23 Jun 2023 for Development of Pumped Storage Projects and Renewable Energy in the State of Odisha.
It signed an MOU on 23 Aug 2023 with APGENCO for Implementation of Pumped Hydro Storage Projects and Renewable Energy Projects under Joint Venture Mode in Andhra Pradesh. The MOU envisages Implementation of two Identified Pumped Hydro Storage Projects namely Kamlapadu- 950 MW and Yaganti 1000 MW PSPs in the first phase.
Focus
Being a hydro power company shifting its focus toward the renewable energy segment as well. Out of 10499 MW capacity under construction 1135 MW is for Solar power. It has recently signed a contract to develop additional 2000 MW solar power capacity in Rajasthan. About 9090 MW Solar power capacity is under Tender and pipeline including as a Intermediary Procurer.
Intraday , Archean chemical Archaean chemical in a inside range looks like a accumulation going on
Good big breakout possible in this
Risky traders can buy this at cmp
Breakout above 812
Ask your financial advisor before buying only for educational purposes
Momentum Indicator for USDEUR turns positiveMomentum Indicator for USDEUR turns positive, indicating new upward trend
USDEUR saw its Momentum Indicator move above the 0 level on February 04, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 125 similar instances where the indicator turned positive. In 46 of the 125 cases, the stock moved higher in the following days. The odds of a move higher are at 37%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for USDEUR just turned positive on February 04, 2024. Looking at past instances where USDEUR's MACD turned positive, the stock continued to rise in 35 of 96 cases over the following month. The odds of a continued upward trend are 36%.
Following a +0.12% 3-day Advance, the price is estimated to grow further. Considering data from situations where USDEUR advanced for three days, in 69 of 278 cases, the price rose further within the following month. The odds of a continued upward trend are 25%.
The Aroon Indicator entered an Uptrend today. In 81 of 226 cases where USDEUR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 36%.
Jubilant food likely to fall around 1000.new buying around 1000.Watch jubilant food to settle down in couple of weeks around 1000.
We can initiate a buy after volatility gets over.
Wait and watch.
I am not holding this stock for now in portfolio.
Waiting to buy at lower levels.
Domino’s pizza consolidated for 1 year After a breakout above 300 its showing a strength.wait for buying opportunities around 270-280 or for a consolidation.
MDU- Upward momentum Long from $27.53 to $31.47MDU formed nice momentum Long setup. It has strong upward momentum & moneyflow also crossed above Zero recently. We think it has good upside potential.
* Trade Criteria *
Date First Found- May 30, 2017
Pattern/Why- Upward momentum Long.
Entry Target Criteria- Break of $27.53
Exit Target Criteria- $31.47
Stop Loss Criteria- $26.87
Please check back for Trade updates. (Note: Trade update is little delayed here.)
YRD - Long - Swing- Got chopped 3 days ago
+ prices retraced back towards the rising 5ema
+ Strong support over the past 3 days at $23.20
: Expecting 2 more waves of break-outs to bring prices to $37
USDCAD Potential Swing to the Upside *READ* Rules for EntryI often see much debate about how to use trend lines among traders. You hear a lot of people with very strict rules for drawing trend lines, however price action is powered by human interaction with the market and just as humans are not perfect the market is not perfect either. Despite how and where the trend line is drawn on the USDCAD it is unarguable that buyers come into the market every time price actions come around the area marked off by the two trend lines and the green diagonal horizontal drawn on my chart. As this morning's data caused a decent sell of on this pair and price action approached this trend line zone buyers swooped into the market to try to respect it. Throughout the day price action will give us confirmation if it wants to respect this trend line zone and potentially swing up to at least previous structure highs, but potentially even higher forming a new structure high as up-trending markets usually do.
Please note the following rules below for entry:
The trend line zone holding as support
Continued momentum to the upside
Enter on bullish momentum breaking out above the 1.32600 level
Profit whatever you can get, but the previous structure high marked off by the red rectangle could be a good target
Stops at around 1.31700
This trade will lose its potential if first rule becomes no longer applicable. For example if more bearish momentum enters into the market and we see price action move substantially below the trending zone.
You will find that my style of trading often holds a greater risk than reward, however the potential of price action moving in the favor of my position where profit can be liquidated and banked before price action moves against me is very high when the rules are followed.
If you find yourself liking my style of trading please feel free to follow me as I will post potential trades like this rather frequently.
