Latest news with #MovingAverages
Mint
4 days ago
- Business
- Mint
Eternal share price jumps over 55% in under 5 months as rally sustains post Q1; analysts see it hitting ₹362
Shares of Zomato's parent company Eternal, have sustained a strong upward trajectory despite broader market volatility, with investor interest remaining robust following the release of the company's June quarter results on July 21. Since then, the stock has gained 22%, taking its total jump to 55.2% in less than five months. The stellar June quarter performance also propelled the stock above ₹ 300 for the first time in seven months on July 22, and it has since held above this level, closing today's session at ₹ 312 apiece. Analysts believe the stock still has enough steam left to extend the rally, with estimates suggesting it could potentially reach ₹ 362. Analysts at Choice Equity Broking noted that Eternal is exhibiting a strong confluence of bullish signals. Historically, the stock had faced declines near the same price zone, but this time it has recovered with the formation of a higher-high and higher-low structure, reflecting sustained upward momentum. They pointed out that the stock recently retested its breakout zone and is now consolidating in a healthy manner just below the resistance level, indicating cooling supply and rising demand. According to the brokerage, this price action also places the stock on the verge of a cup-and-handle formation, which suggests a technically robust base and growing accumulation. Analysts see that a decisive close above ₹ 325 could act as a catalyst for the next leg of the rally, with near-term upside potential toward ₹ 362, underscoring its strong bullish momentum. They further added that the price is well-supported above its 20, 50, 100, and 200-day Exponential Moving Averages, all trending upward, confirming the strength of the prevailing trend. On the downside, immediate support lies at ₹ 300, which may serve as an attractive accumulation zone in case of minor pullbacks. The Relative Strength Index (RSI) is currently at 67.46 and trending upward, indicating strong momentum, though approaching overbought territory. For strategy, the brokerage suggested that traders may consider a buy-on-dips approach around ₹ 300, with a positional stop-loss at ₹ 288. Upon confirmation, Eternal could aim for ₹ 362 and beyond, offering a favorable risk-reward setup for positional trades.
Mint
08-08-2025
- Business
- Mint
Stocks to buy: Rajesh Palviya of Axis Sec suggests Hero MotoCorp, Entertainment Network, Indian Bank shares
Stock market today: Ongoing tariff pressures and persistent selling by foreign portfolio investors (FPIs) impacted investor sentiment on Friday, causing both benchmark indices to open lower. The Nifty 50 index commenced at 24,544.25, decreasing by 51.90 points or 0.21 percent, while the BSE Sensex began the day at 80,483.56, reflecting a slight drop of 139.70 points or 0.17 percent. Market analysts observed that investors are adopting a cautious stance, forecasting sideways movement in the short term as they await more insight into the effects of the new tariffs. Rajesh Palviya of Axis Securities, expect Nifty 50's relief rally towards the resistance zone of 24,800-25,000 levels. Palviya suggests three stocks to buy, hold, accumulate in the short-term. Here's what he says about the overall market. On the daily and hourly charts, the index is trending lower, forming a series of lower tops and bottoms, indicating negative bias. Nifty 50 is sustaining below its 20 and 50-day SMA, which signals a short-term downtrend. From current levels, the short-term outlook remains cautious with an expected support zone of 24,500-24,400 levels. From current levels, we expect the relief rally towards the resistance zone of 24,800-25,000 levels. The daily strength indicator RSI has turned bearish and sustained below its reference lines, indicating a loss of strength. With the current close, the stock has decisively surpassed the past 8-9 months 'multiple resistance zone at 4,530-4,560 levels on a closing basis. This breakout is accompanied by high volumes, which signifies increased participation. This price formation also resembles an "inverse head and shoulder" pattern, which confirms trend reversal. The stock is sustaining above its 20, 50, 100 and 200-day Simple Moving Averages (SMA), reconfirming the bullish trend. The daily, weekly and monthly strength indicator, Relative Strength Index (RSI), is in favourable territory, indicating rising strength across all time frames. Investors should consider buying, holding, and accumulating this stock. Its expected upside is 4,900-5,085, and its downside support zone is the 4,550- 4,400 levels. With the current close, the stock has confirmed a "horizontal consolidation range" (156-36) on a closing basis. This breakout is backed by huge volumes, which signal increased participation. This buying momentum is observed from the 100-day SMA(142), which remains a crucial support zone. The daily " band Bollinger" indicates increased momentum. The stock is sustaining above its 20, 50, 100 and 200-day Simple Moving Averages (SMA), reconfirming the bullish trend. The daily, weekly and monthly strength indicator, Relative Strength Index (RSI), is in favourable territory, indicating rising strength across all time frames. Investors should consider buying, holding, and accumulating this stock. Its expected upside is ₹ 175-200, and its downside support zone is the ₹ 155- 139 levels. The stock is trending higher, forming a series of higher tops and bottoms across the daily and weekly charts. With current price action, the stock is on the verge of a "multiple resistance" breakout at the 660 levels. The stock is sustaining above its 20, 50, 100 and 200-day Simple Moving Averages (SMA), reconfirming the bullish trend. The daily, weekly and monthly strength indicator, Relative Strength Index (RSI), is in favourable territory, indicating rising strength across all time frames. Investors should consider buying, holding, and accumulating this stock. Its expected upside is ₹ 670-700, and its downside support zone is the ₹ 630- 620 levels. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
Yahoo
03-08-2025
- Business
- Yahoo
Find Winning Momentum Trades With This Moving Average Stock Screener
Moving averages are one of the most reliable tools in technical analysis — and now Barchart has added powerful new screener filters that help you identify rising or falling trends before the crowd catches on. In this article, we'll walk through exactly how to use these new tools to build smart, high-probability trade setups. Whether you're looking for breakout momentum or reversal plays, these tools can point you in the right direction. More News from Barchart 3 Highly Shorted Stocks That Could Be the Next Wall Street Sensations The Saturday Spread: How to Use Descriptive Math to Play the Hand, Not the Dealer This Dividend King Just Issued a Tariff Warning. Is Its Reliable Yield Enough to Soften the Blow? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! What Are Moving Averages? And Why Use Them? Moving Averages (MA) smooth out price data over time to help you clearly identify the direction of a trend: There are two common types of moving averages used in technical analysis: Simple Moving Average (SMA): Based on the average closing prices evenly weighted across a defined period. Exponential Moving Average (EMA): Places more weight on recent prices, making it more responsive to changes in momentum. That means SMAs are helpful for long-term trend confirmation, while EMAs are great for short-term momentum signals and reversals. But here's where things get exciting: Now you can track whether those MAs are sloping up or down — and by how much — directly inside the Barchart Screener. How to Use the Screener to Spot Momentum Head over to the Stock Screener under the 'Stocks' tab. From there, you can: Load a saved screener or build one from scratch Use pre-built Barchart screener templates to jumpstart your analysis To build a custom screener with moving average filters, search and add filters for: 20, 50, 100, or 200-day Moving Average (or EMA) Slope of Moving Averages MA % Change or EMA % Change Adjust your slope values: Positive slope (> 0): Indicates a rising trend Negative slope (< 0): Indicates a falling trend Add optional filters like: Market Cap Average Volume Barchart Opinion or MA Signal (Buy/Sell) Now you have a filtered list of bullish or bearish setups with trending MAs. What the Slope Tells You (And Why It Matters) A rising slope in a moving average means that the average price is accelerating upward — a sign of building momentum. A declining slope means momentum is weakening, and prices could reverse or trend lower. With these filters, you can: Catch breakouts when multiple MAs slope upward Spot potential tops or trend exhaustion when MAs begin to slope downward Avoid sideways chop by filtering for clear direction Flipcharts + Chart Templates: See the Trend Instantly Once your screener is built, click 'Flipcharts' to scroll through interactive charts of your results. Then, apply a Chart Template that includes your selected MAs (20, 50, 100, 200-day) for consistent analysis. Pro Tip: Use the template with Comparative Relative Strength (CRS) to see how the stock compares to the overall market. You'll instantly see: Stocks with clean upward trends Reversals where price breaks below key averages Consolidation zones to avoid Save Your Screener, Set Alerts, and Build Watchlists Found a trade setup you love? Save your screener for future use Set alerts to get notified when new stocks meet your filter Add to a watchlist to track trade candidates over time Bonus Tip: Use the New Recommendations Page For even more trade ideas, head to the New Recommendations page under the Stocks tab. Here, you'll find signals based on: Trend Seeker® Moving Average crossovers Short and long-term MA setups Use these ideas to launch deeper screening or start a new watchlist fast. Final Thoughts: Why Moving Average Slopes Give You the Edge Many traders use moving averages — but very few are filtering by their slope or rate of change. These new tools let you: Filter for real directional movement Avoid sideways or noisy charts Visualize trends instantly Set alerts and stay ahead of the move Whether you're trading daily breakouts or building long-term positions, the Moving Average Slope filters give you a powerful edge in screening the markets. Watch the Video Tutorial: How to Use Moving Averages to Find Trades For the full visual explainer, here's the video walkthrough: Start Screening Now on Barchart » On the date of publication, Barchart Insights did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Arab Times
25-07-2025
- Business
- Arab Times
How UAE Traders Are Adjusting Their Forex Strategies as Global Markets Stay Volatile in 2025
The year 2025 continues to test global financial systems with persistent volatility. From central bank policy shifts and oil price instability to geopolitical tensions in key markets, traders are operating in an environment that demands flexibility and a deeper understanding of global macroeconomics. In the UAE, where financial activity is closely linked to international movements, traders are refining their strategies to remain competitive and secure. Whether it's retail investors in Dubai or institutional players in Abu Dhabi, the need to adapt to changing conditions in forex trading has become more important than ever. The dynamic shifts in global economics are not just influencing decision-making, they are reshaping how UAE traders evaluate risk, execute trades, and manage exposure across currency pairs. Focus on Capital Protection and Controlled Risk A major shift among UAE-based traders is the move toward capital protection strategies. In a volatile environment, limiting downside is often more crucial than maximising short-term gains. Traders are increasingly incorporating stop-loss rules and portfolio diversification as part of their risk control protocols. Platforms offering position sizing calculators and risk-reward analysis tools have become essential in the decision-making process. This reflects a broader change where the success of a trade is not just about profit, but about how effectively risk is managed over time. Shift to Shorter-Term Strategies With long-term market direction often clouded by sudden news events or unexpected central bank interventions, many UAE traders are shifting to shorter timeframes. Scalping and intraday strategies have grown in popularity due to their ability to take advantage of small market moves without staying exposed overnight. This approach allows traders to stay agile, locking in profits within hours and avoiding market gaps or weekend volatility. Moreover, this flexibility fits well within the mobile-driven trading environment favoured by UAE's tech-savvy investor base. Increased Use of Technical Tools As markets fluctuate more wildly, reliance on technical indicators and automated signals has increased. UAE traders are leveraging platforms with robust charting capabilities and advanced analytics to make real-time decisions. Commonly used tools include: Relative Strength Index (RSI) for overbought/oversold signals Moving Averages to detect trend direction Fibonacci retracements for identifying entry and exit zones Bollinger Bands for measuring price volatilitynn These tools are especially helpful when market fundamentals become unpredictable or are dominated by sentiment-driven movements. Demand for Education and Market Analysis With volatility comes a growing appetite for market knowledge. Traders in the UAE are increasingly participating in webinars, workshops, and market outlook sessions. Brokerages and educational platforms have responded by offering localised content, including Arabic-language tutorials and Gulf-focused economic briefings. This demand reflects a professionalisation of the retail trader profile. Instead of speculative behaviour, many UAE-based individuals are approaching trading as a skill-based discipline that requires ongoing learning and strategic planning. Diversification Beyond Major Pairs Another trend is diversification beyond the usual EUR/USD or GBP/USD trades. UAE traders are exploring opportunities in emerging market currencies, regional forex pairs, and even commodity-linked currencies such as AUD and CAD. Reasons behind this diversification include: Seeking new volatility pockets for trading opportunities Avoiding overexposure to dollar-related movements Taking advantage of regional economic trends and oil-linked currencies Hedging positions with less correlated pairs This broader view is a direct response to global uncertainty, where traditional safe-haven dynamics have become less predictable. Adaptation to Regulatory and Platform Changes The UAE's trading environment is also shaped by evolving regulatory frameworks and technology infrastructure. As SCA (Securities and Commodities Authority) continues to refine its policies around online trading and leverage limits, local traders are becoming more compliant and informed. Broker selection now includes factors such as: Regulated status in the UAE or other tier-1 jurisdictions Availability of Islamic trading accounts Fast execution speeds with minimal slippage Robust mobile and desktop platforms with analytics These considerations are crucial for long-term trading sustainability in a heavily digitised and regulated marketplace. Conclusion In 2025, global market volatility has turned traditional forex strategies on their head. UAE traders, known for their adaptability and innovation, are rising to the challenge by embracing risk management, technical precision, educational growth, and strategic diversification. As the world economy continues to shift, these traders are proving that informed, disciplined, and flexible approaches to forex trading are not only effective but essential in uncertain times.
Time of India
14-07-2025
- Business
- Time of India
PC Jeweller shares drop nearly 4%; market cap slips below Rs 11,000 crore
Synopsis Shares of PC Jeweller experienced a dip of 3.5%, bringing the price to Rs 16.76. Market capitalisation decreased to approximately Rs 10,968 crore. Despite this, the stock has seen a 35% rally in the past month. Technical analysis shows the stock is trading above most key Simple Moving Averages.
