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1. Cause: Capital Adequacy Boost via ₹25,000 Cr Fundraising (May 2025)
Effect: Strengthened lending capacity + institutional confidence
Price Action: Institutional investors view this as a sign of growth readiness.
Stock may break past ₹900–₹920 resistance, heading to ₹980+ once fundraising is completed or oversubscribed.
📅 Expected Impact Window:...
Projection:
Current Market Price (CMP): ₹2,902
Break of Structure (BOS): ₹2,964
Minor Target: ₹3,172
Target 2: ₹3,885 (if 3,172 breaks)
Primary Stop Loss (SL): ₹2,500
Major SL: ₹2,424
Recent Developments Impacting MDL
1. Government Stake Sale: The Indian government plans to divest up to 4.83% of its stake in MDL, offering shares at a floor price of...
Entry:
Enter long now or on a confirmed close above ₹2,970 (breakout of structure level).
Target
T1: ₹3,100 - Short-term momentum & minor resistance
T2: ₹3,250 - Swing projection from base (₹2,600–₹2,970 range)
T3: ₹3,481 - Marked resistance/target zone on chart
Tight SL
*₹2,870 - Just below breakout candle
Safe SL
*₹2,600 - Below FVG & primary...
📈 Technical View: Turning Point Nearing for SBI Cards
Since its IPO in March 2020, SBI Cards showcased robust growth, touching an all-time high of ₹1,165. However, from August 2021, the stock entered a descending triangle pattern, forming lower highs and finding strong demand around ₹670–₹720. This pattern persisted for nearly three years.
In January 2025, the...
The Nifty 50 opened with a gap-up of 30.95 points (0.13%) and ended the week at 24,346.70 with a gain of (1.28%)
If Nifty sustains below 24,369, selling pressure may increase. However, a move above 24,426, could restore bullish momentum.
Key Levels for the Upcoming Week
🔹 Price Action Pivot Zone:
The crucial range to watch for potential trend reversals or...