has submitted the formal application to the Reserve Bank of India for a Universal Banking License,
Drugmaker reports 35% Y/Y jump in third-quarter adjusted profit, rev up 18% Y/Y ** GLAX's profit growth driven by strong demand for its respiratory drugs and antibiotic Augmentin, while demand for its vaccines also boosted earnings
Our last Cadjpy analysis was a successful one and here is an updated analysis on the pair, we still have more bearish move however there will be a brief retracement to the support level above afterwhich we will go for another sell trade.
Hi there, When we talk about the most respected stocks in the market, getting added to the S&P 500 index is a big milestone for any company. It’s not just a status symbol—it’s an event that can push the stock price higher as funds and investors rush to buy it. Datadog (DDOG) is one of the potential candidates , so let’s analyze what the price action is telling us. Technical Breakdown: Right now, Datadog stock is testing a key support level of around $130. This price level has acted as both resistance and support in the past, and in November last year, the stock broke above it. Now, it has come back to retest this level, possibly looking for a base before making its next move. If $130 holds as support, and the company’s fundamentals remain strong, this could be a solid entry point for buyers. A secondary support zone to watch is near $100, about 25% lower than the current price. This level has seen big price movements before, meaning there could be strong interest from traders and investors if the stock drops there. As legendary investor Peter Lynch once said: "If you sell instead of buying when a stock drops 25%, you won’t achieve long-term profits in stocks." This idea is also the foundation of my approach – what to do when the price drops? Am I ready to buy more at lower prices? If the answer is something like “probably not,” “not sure,” etc., then it’s worth considering whether it’s even worth buying in the first place! Plans for different types of investors: Short-Term Investors: If you’re looking for a quick trade, you might want to wait for a dip to $100, where a stronger bounce could happen. Buying from current prices can be a bit risky considering short-term horizons. Long-Term Investors: If you believe in Datadog’s continued growth, the $130 level might already be a good spot to start buying. But be ready to buy more if the price drops further. Final Thoughts: Datadog is a fast-growing company with strong fundamentals, but the stock also has a high valuation and faces competition. As always, do your own research and make sure your investment strategy fits your risk level and goals. Cheers, Vaido ? Stay Ahead of the Markets! Get high-quality technical analysis, real trade ideas, and key price levels—without the noise. ? Subscribe to my Substack for expert insights that help you trade smarter! ? On mobile: Just scroll down and select your preferred language. ? On desktop: Find the links in my BIO—copy & paste or click the Website icon to go directly to Substack ENG.
FX:XAUUSD updates its high to 2955, entering a clear zone where nothing prevents the price from continuing its rise. Economic risks and the dollar correction are still supporting the price of the metal https://www.tradingview.com/chart/XAUUSD/BkpM8DAA-GOLD-ATH-Retest-High-chance-of-breakout-and-growth-to-3K/ Investors are seeking refuge in gold amid Trump's threats to impose another tariffs as early as next month. Markets remain under pressure due to a lack of support from China and tensions between the US and EU over peace talks with Russia without Ukraine. Although the Fed meeting minutes have gone unreported, investors remain focused on tariff negotiations, expecting gold prices to rise further amid market uncertainty Technically, the strong bullish trend and rally continues. Focus on key levels and local range 2955 - 2946 Resistance levels: 2955 Support levels: 2946, 2938 The price is pinned at 2955, the next trigger, the breakdown of which will provoke the continuation of growth. But before that the gold may test the support zone 2946 - 2938. The growth may continue after a false breakdown of support. Regards R. Linda!
Price sweep and create a POI unmitigated this is our next POI The price need always sweep It become our High Probability Entry No sweep=No entry
Currently developing and testing a mean reversion strategy for range-bound markets. Still work in progress, but using a simple setup of defined price band, low ADR value, RSI overbought/oversold and MACD indicating chance of reversal. Stop is 2x ATR.
The diamond pattern is a sophisticated chart formation found in financial markets, yet it remains relatively obscure among technical traders and investors. As a member of the classical chart pattern family, it stands apart from more commonly recognized formations like flags, pennants, head and shoulders, and rectangles. Due to its rarity, traders encounter fewer chances to engage with the diamond pattern compared to these other formations. However, it is important for technical traders to familiarize themselves with this pattern, as it can present valuable trading opportunities when identified in a timely manner. Often mistaken for the head and shoulders pattern, the diamond chart formation shares some similarities but also has key differences that set it apart. The Continuation Diamond pattern serves as a signal for continuation, suggesting that the current trend is likely to persist. Traders often use this pattern to validate an uptrend and to identify potential buying opportunities in the market. The bearish diamond formation emerges following a strong upward price movement. It consists of two support levels that limit earlier pullbacks and two resistance levels that have interrupted the upward trend. Commonly referred to as the diamond top pattern, this formation serves as a signal for market participants to consider selling. So Diamond patterns can indicate either a reversal or continuation in the market, suggesting a potential bullish or bearish breakout. It's essential for traders to look for confirmation through trading volume at the breakout point. To execute trades, one should sell when the price falls below the diamond's top formation and buy when it rises above the diamond's bottom formation. This approach allows traders to effectively take long or short positions based on diamond patterns.
GOLD Analysis | February 20, 2025 Gold continues its strong uptrend, pushing above the ATH and confirming its bullish momentum as we mentioned before. The price is currently trading around 2951, holding above the pivot line of 2935, indicating stability within the breakout structure. Bullish Scenario: As long as 2935 holds as support, the price is expected to continue its movement toward the resistance zone of 2956 - 2975. A strong breakout above 2975 could signal further bullish momentum, with the next key target around 3000. Bearish Scenario: A rejection from the ATH could lead to a retest of 2935 and 2918. If a 4H candle closes below 2918, this may trigger a correction toward 2873 before any potential rebound. ? Key Levels: ? Pivot Point: 2956 ? Resistance Levels: 2975, 2985, 3000 ? Support Levels: 2935, 2918, 2873 ? Will Gold sustain its momentum and reach new highs, or is a correction coming? Drop your thoughts below! ??
On Wednesday, January 29, Microsoft presented its results. Its results were better than expected in Sales, EBIT and BNA, however, the growth of Azure (cloud) disappointed and the value began to fall towards the bottom of the LATERAL channel in which it has been moving for months. Main figures compared to the Bloomberg consensus: Sales: 69,632 million dollars (+12%) vs. 68,903 million dollars expected. EBIT: 31,653 million dollars (+17.1%) vs. 30,258M$ expected. BNA: 24,108 million dollars (+10.2%) vs. 23,443M$ expected. Within the three major segments of the company, the cloud business is slightly disappointing (growth of +31% vs. +32% expected by consensus). In addition, the management team at the earnings conference pointed out that Azure (cloud business) growth will be somewhat more moderate than expected (range +31%/+32% vs. +33% in this quarter). --> What do we do with Microsoft? Despite the cloud disappointment, if we have a long-term view, Microsoft is a very attractive stock to have in our portfolio. --> What does it look like technically? The technical aspect is BULLISH/SIDEWAYS, therefore, if we want to enter the stock, we should wait for the price to touch the bottom of the channel and give us a signal of the start of bullish momentum. AND THAT IS JUST WHAT IS HAPPENING NOW!!. In H1 timeframe we already have bullish STRENGTH and MOMENTUM (Bull) and in H4 timeframe the MOMENTUM, therefore, we can now enter LONG in the value. -------------------------------------- Strategy to follow: ENTRY: We will open 2 long positions in the current area of 414 POSITION 1 (TP1): We close the first position in the 446 area (+7.5%) --> Stop Loss at 385 (-7.5%). POSITION 2 (TP2): We open a Trailing Stop type position. --> Initial dynamic Stop Loss at (-7.5%) (coinciding with 385 of position 1). --> We modify the dynamic Stop Loss to (-1%) when the price reaches TP1 (446). ------------------------------------------- SET UP EXPLANATIONS *** How do you know which 2 long positions to open? Let's take an example: If we want to invest 2,000 euros in the stock, what we do is divide that amount by 2, and instead of opening 1 position of 2,000, we will open 2 positions of 1,000 each. *** What is a Trailing Stop? A Trailing Stop allows a trade to continue gaining value when the market price moves in a favorable direction, but automatically closes the trade if the market price suddenly moves in an unfavorable direction by a certain distance. That certain distance is the dynamic Stop Loss. -->Example: IF the dynamic Stop Loss is at -1%, it means that if the price drops by -1%, the position will be closed. If the price rises, the Stop Loss also rises to maintain that -1% in the rises, therefore, the risk is increasingly lower until the position becomes profitable. In this way, very strong and stable price trends can be exploited, maximizing profits.